April 5th, 2011

05 Apr

Flirting With Disaster

By Walter

The principles of our national political leaders here in the US are about to be twice tested, once before the week is up and again this summer. Will they come to their senses and do the right thing? Or will they fail to reach an agreement on the budget for the rest of this fiscal year and as a result close the government down as early as this weekend, resulting in untold inconvenience, uncertainty, and suffering on the part of millions of its citizens. If they fail to bring government to a grinding halt this week, they’ll have another opportunity this summer by failing to raise the government’s debt limit, a failure with catastrophic consequences to the global financial system. And if that happens, who will be pinned with the blame, the Democrats or the Republicans?

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