Breach of Fate: The Debt Ceiling

Don’t Shut It Off

Remember this great scene from Ghostbusters? The ‘man from the EPA’ insists that the spectre-capture team is in violation of some standard or another, and insists the vat of spooks must be shut down. We all know what’s coming, we anticipate it – dread it? – and then it happens.

Well, gentle readers, your esteemed Congressmen and two crazy women of the Tealiban are about to do the same thing by pushing the country over the abyss into default. The horse doc from G’ville who goes by the name of YOHOYoho (ho and a bottle of rum…sorry, couldn’t resist) insists it wouldn’t have any impact. Maybe he’s been injecting himself with those horse tranqs, or has traded in his vet shingle for a degree in global economics from the University of Incredibly Irresponsible. Nevertheless, unless something changes, or someone (Barry O) develops some ‘nads, this will be a shock felt ’round the world, in about the same amount of time it took for the G’buster’s containment vessel to blow through the roof. In fact, unless something major is decided this weekend, I predict you’ll start to see impacts to the market early next week.

Will that be enough to change their positions? Nope. As Marlin SMarlin Stutzman said, they gotta get something out of all this. That something will be a global financial meltdown. And when it happens? Like the man from the EPA, they will take no responsibility for their actions, and will blame the Dems for the disaster. And their hillbilliescousin-wedding contingent in those red states will continue to swallow their hypocritical dogma, frankly because they don’t know any better. I sound elitest, you say? Hey, buddy, I got mine. I’m at the age where I won’t feel the pain right away. I’m not looking to buy a house or a car, not dependent on an export business, or even worried particularly about the stock market. In fact, after the meltdown will be a good time to buy stocks, because they will be quite inexpensive.

So after the fall, what will world leaders do? Declare war on us? Invade some third world country to rob them of their resources in an attempt to survive? Interesting notion, but likely no. World leaders will blame us, band together against us and declare economic war. But I predict it won’t come to that. Those folks Kochs(Koch Bros) who are funding this clown posse will phone them and say, rather succinctly, “Fix it”. But you can’t put those poltergeistspoltergeists back into the attic, my darlings. Damage done, credibility lost, another major step to self destruction. Well, we lasted 237 years…that’s pretty good, isn’t it?

P.S. The legend under the Koch boys’ picture is “America: meet your new owners”.

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