On Jul 28, 11:12*pm, "Lew Hodgett" wrote:
The Congress will not pass a bill to raise the federal debt by
08/02/2011.

As a result, President Obama will execute an executive order to raise
the federal debt on 08/02/2011 per terms of the 14th amendment.

Obama will not allow default to happen.

Lew

Here's some predictions:

1. This crisis will serve only to further polarize and alienate the
adherents of the two political parties. Calculus on both sides
suggests this is the path they must tread to be re-elected. One side
will be wrong.

2. There will be a viable third party candidate in 012. Like Perot,
he or she will not win, despite offering a valid, unbeholden to
historic promises approach to solving our current and longstanding
issues.

3. The US will continue to decline into second-class nationhood due to
our inability to act with a consistent reasoned long-term strategy.

4. Idiots will continue to come out of the woodwork and poison the
debate.

D'ohBoy