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The Possible Defualt.....
SO IF this has been said here already sorry, I've not bothered to look at all the threads about it....
I've NOT been following every single thing about the possible US Default, BUT I do know enough about what is going on, today I was chatting with a friend of mine on FB who's serving overseas in the Army and he said "They are cutting our pay, they 'say' we'll get it back around next April but I dunno" and it got me to thinking....
I personally do NOT see a default happening, BUT what I DO see happening is this....
Right now both parties are playing a "sick" game of chicken, seeing who will swerve first, more and more horror stories and gloom and doom will come out between now and Tuesday and some people will surely start to panic (or panic more)
At the last possible moment Our Prez will step up and "save the day" almost assuring himself his reelection.
I mean look at his approval rating right now, lower then low, almost NO WAY of getting to be a two termer at this point, BUT "save the day" and watch what happens to his approval ratings.
Anyone else?
TL;DR
Obama will wait till the last moment, avoid a default and assure himself a 2nd term in office, everything else is just sick smoke and mirrors.
-Loki-
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