re: #294 Targetpractice

Personally, I’m curious as to when the financial markets will begin to freak the fuck out and the serious hoarding will begin in anticipation of a default. Folks have to remember that, at this point in ‘11, there’d already been several discussions between the White House and Congress, while the Senate had ongoing negotiations through back channels. Here we have nothing, no talks going on, no negotiations of any kind, just both sides sitting atop their walls and seeing who will blink first.

Feels more and more like the fucking Cuban Missile Crisis.

Me too. I think it is virtually certain that neither side will blink until the 17th.

At that point, Obama either finds a more or less legal way to keep paying the bills, or the US defaults. I have no idea what his choice will be at that time.