What if the Democrats don't accept any solution?
What if the administration's plan is to actually allow the "default" to happen and then blame it on the Republicans?
What if their actual plan is to cause a global economic crisis or a worldwide depression?
A lot of us have theorized that Obama is all about fundamental change for the US but what if he is looking at something bigger?
What if his plan is to not just crash the US economy (in order to throw out the Constitution and begin anew) but to crash the world economy?
I do believe that our president is an evil person. I sincerely believe that. I have also thought that he is a rather stupid person as well. He surrounds himself with stupid people and that is a trademark move of the inept so as not to be threatened by superior minds. An evil genius would be bad. But what about an evil dumbass? Would that be better or worse than an evil genius?
Either way, if this is his plan...to well and fully crash the system...then we are all truly and thoroughly hosed.
I mean, a lot of people say that if there is no debt ceiling deal come this Thursday that it's not a big deal, that we don't just automatically default. And I believe that. There is obviously enough money coming in from collected taxes, fees and penalties to make debt service. But...
There is also zero reason to order the Parks Service to act like gestapo thugs during the shutdown (that isn't a shutdown) and yet, here we are. The Parks Service is technically breaking the law by preventing citizens from accessing open air public places such as the Lincoln Memorial, the WWII Memorial, The Jefferson Memorial...these are, for all intents and purposes, scenery rather than places like museums that require electricity, water, sewer and staff. The Obama admin has decided to actually break the law in order to achieve its ends in this case. AoS makes a very compelling argument for the illegal nature of the Parks Service behavior. Click
here to read it...the important points are at the end.
So...if the administration is unafraid to technically break the law, and it appears that they are not, then there is absolutely zero reason to expect them to do what all sensible and honorable borrowers do: make debt service payments. If you can direct the Secretary of the Interior to order the Parks Service to behave outside of the law then there is pretty much no reason to expect any sort of different behavior over at Treasury.
My concern is that this is the end game...that the president has wanted to do this all along and that he will do it and that he will blame it on the Republicans (not that it would matter all that much after the fact) and the world pretty much gets turned on its end after that.
I guess we will know in a few more days.