posted on Jul, 26 2011 @ 08:34 PM
I really suspect this is not much more than posturing for the next election season.. Obama will play the card that he tried to work with the GOP and
that he went to the American people to see what they wanted but the GOP wouldn't play ball .. the GOP on the other hand will blame Obama for the near
default because he was too stubborn to work with the GOP ( his threat to veto will be played heavily I'm sure )..
Both sides already agree that they can't let the US default.. it's just poker, and the more panic they cause the better because more of us will
remember it by 2012.. I don't a default actually happening.