Vodkapundit » It’s Delightful, It’s Delicious, It’s Default

Scary quote of the day...

That leaves us with three possible outs: Cut the budget to the bone, hyperinflate away our debts, or default.

I am going with default. I suspect that this will happen sooner rather than later. Market will just not extend credit at the magnitude that the crazed government is going to demand over the next couple of years.

Vodkapundit » It’s Delightful, It’s Delicious, It’s Default