The stock markets seem almost euphoric, which may make for a brutal awakening if this nail biter doesn't go down perfectly. The "close to a deal" phrase has been overused since late last week, before the House deal unraveled. Whatever deal evolves still has to pass both House and Senate, seems like a lot of ifs driving the optimism. The US may not default on Treasury Bonds, but it would have to default on something, like payments to government contractors, Social Security payments and who knows what else.
I think the hardliners will not hesitate to force us into the abyss, and we'll see if it even gets a vote in the Senate by Thursday. Any single senator could block a vote for several days,
and I'll bet Cruz does it, so we will probably go past the Oct 17
deadline before any vote. President Obama may have to use the 14th Amendment to stave off disaster.
I hope voters remember this in elections to come, the Tea-Party creating a crisis plan is irresponsible, and a danger to us all.
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