Another thing: So, you think this will tank the stock market? Think again. The “market” (meaning all of the individual investors that make it up—the collective conscious of market participants) will likely see no debt ceiling raise for exactly what it is: the best possible way to put Washington on an enforced, no screwing around spending diet and a means to preserve our AAA rating. On the other hand, if some BS smoke and mirrors plan gets passed, bye bye AAA and watch the stock market tank.
I tend to agree with you.