To: Colonel_Flagg
Default occurs only when interest payments cannot be are not made, which the FedGov can absolutely make with existing revenue. Obama can choose to spend the money on something other than interest. Obama can choose to default
22 posted on
10/03/2013 10:54:42 AM PDT by
DannyTN
To: DannyTN
An important distinction. Thanks for that.
25 posted on
10/03/2013 10:55:40 AM PDT by
Colonel_Flagg
(My PV2 is my hero.)
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