"...causing existing bond prices to crash, interest rates to soar, and sales of new obligations to pretty much dry up."
But see, that's perfect because it will be getting even w/ those evil banksters, you know, like everyone's 401Ks and pension plans.
Its win-win for the do-nothings/know-nothings.
with Obamacare you will see the sickest sign up right away...and the healthy and young not signing up....costs will skyrocket of course as everyone thinks it free now...the government will be drowning in paperwork and the mismanagement of this Obamacrap...in two years it will be a joke...and 80% of the people will hate it..doctors will quit in mass or go on strike...and lawyers will sue for lack of care....