162 Republicans to America and World: Drop Dead
The title says it all. That's what the 162 Republicans (144 in the House and 18 in the Senate) who voted against reopening the government and raising the debt ceiling effectively said tonight. They said it was better to spark a global economic catastrophe rather than fulfill their responsibility to the people they claim to represent.One of my professors made the same comparison that Warren Buffett made in saying that the threat of default was like a weapon of mass destruction. He compared the idea of letting the United States default and seeing what would happen to setting off a nuclear bomb in Battery Park and seeing what effect that would have on New York City. People that are sane and rational understand the consequences. The majority of House Republicans either do not understand the consequences (which is scary in and of itself) or do not care about, and are cognizant of, the consequences (which is even scarier).
Basically, the world economic system can be summarized thusly:
The global economic system is based upon the premise that the debt of the United States Government is, for all intents and purposes, a riskless investment. To call that premise into question is upend the global economy. Overnight, stock markets across the globe would crash. The retirement savings of tens of millions of Americans would begin to disappear, whether those savings are from 401k's and like vehicles or from defined pension plans. As the crisis progressed markets would stall and fall. More savings would disappear. The crisis of 2008 would look like nothing. There would be a new global economic depression. The results that would flow from default would be catastrophic. There is absolutely no other way to describe it.
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http://www.dailykos.com/story/2013/10/16/1248108/-162-Republicans-to-America-and-World-Drop-Dead?showAll=yes
= new reply since forum marked as read
and my fellow SS peeps I was concerned about..
"One of my professors made the same comparison that Warren Buffett made in saying that the threat of default was like a weapon of mass destruction. He compared the idea of letting the United States default and seeing what would happen to setting off a nuclear bomb in Battery Park and seeing what effect that would have on New York City."
the teabagger klan wants to kill us economically which would in turn just kill us.
"The crisis of 2008 would look like nothing. There would be a new global economic depression" And, ted cruz and the klan would be whooping for joy
and 
like it was 1999!
Thank you for this compelling piece from Mets102 @ dkos, she 
Here's to near misses and dead on Backfires! 
May the media continue to show their spine and call them out on their lies!
The bill is signed sealed and delivered. The government is open for business on Thursday. 
Back to work...GOTV2014!!!! Yes!
Cha~
About freaking TIME!
she
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the answer. 
I am sorry. We will help you any way we can.
