by Quoth The Raven, QTR’s Fringe Finance:
One way or another, the U.S. is heading for default…or simply coming to terms with the default we’ve been perpetuating for years already.
It’s pathetic that we do this song and dance about raising the debt ceiling every couple of years.
It’s about as hollow, inane and meaningless as both our monetary and fiscal policies in this country — so, in that respect, it fits. It’s also great fodder for the two-party political pissing match that takes place on the daily, so as to keep us peons distracted from the ugly reality of many of the decisions our country collectively makes.