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Friday, July 29, 2011

Default, Dear Brutus, Is Not In Our Stars, But In Ourselves

From Iowahawk:
August 2 is but a few days away, and you know what that means: I need to buy mom a birthday card. Also THE COMMENCEMENT OF THE BUDGETARY MELTDOWN END DAYS WHERE WE FACE FINAL ARMAGEDDON UNLESS WASHINGTON GETS ITS BAR TAB RAISED ANOTHER TRILLION. Or something.

What is the outcome if the debt ceiling isn't raised? It's too horrible to contemplate:
Cowboy poetry utterly lacking in metre.

General Motors unfairly forced to build cars that people want, for a profit.

Chaos reigns at Goldman Sachs, who no longer knows who to bribe with political donations.

Mankind's dream of high speed government rail service between Chicago and Iowa City tragically dies.

Chevy Volt rebate checks bounce, stranded owners more than 50 miles from outlet.
Read the whole thing.

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