MUST READ: DEBT CEILING A DEMOCRAT RUSE The debt ceiling propaganda is a radical ruse by obozo and his minions to try to force the Pubbies into a cave in on obozocare and push America that much further into the Marxist hellhole obozo promised his ignorant supporters in 2008! Raising the debt ceiling WITHOUT reigning in SPENDING and telling those “non-essential” bureaucrats to get REAL jobs (if they can find them) is a recipe for the further destruction of what remains of America. If he takes us into default, it will be because HE made the decision to do so. FACT: We are nowhere near that even with a complete budget stall. The US takes in nearly $250 BILLION in tax revenues each month. This is more than 10 times what is needed to service the interest on the debt ($220BILLION/year). What this shutdown does, however, is force Obama into a position where he would have to prioritize the spending for what is left. It would NOT be the total chaos being pushed by the Dems and their lapdog media. If you want your country back, ignore these phony scare tactics. PLEASE SHARE THIS WITH EVERYONE YOU KNOW. Don’t bother with the obozombies. They wouldn’t recognize a fact if it bit them on the ass.
I don't believe it: however China is clearly worried. Or maybe it's just one lonely disavowed maverick: Zhu Guangyao - the vice Finance Minister of China.
America could pay off its debts tomorrow by typing some numbers into a computer. The buying power of the dollar would plummet, and China's debt would have effectively have been defaulted on.
I think they're most worried about a slow-burn version of that scenario. Watch as the Gold price reflects that.