Sunday, July 10, 2011

Debt Ceiling

Is it possible that Republicans want to default on the debt ceiling? I think so. Unfortunately.

Maybe my line of thought is ridiculous, but if you think of all the countries that wind up needing help from the International Monetary Fund due to bankruptcy, to get it, they must submit their country to serious Milton Friedman-style privatization of everything.

So, maybe, if Republicans can kill our worldwide credit score by defaulting on the debt that would start us rolling toward needing to sell off all government holdings and strip away regulations in order to appease those with the money who could help us out. Is this crazy to think this? I doesn't feel crazy. It should. It really should. But then again, they are slaves to privatization, not country. These Republicans aren't patriots of country, but patriots of wealth. Plutocrats I think they're called.

I'm not 100% what the US government would have to sell off though. NASA, probably. Roads for sure. Social security & Medicare would be sold off first, most def. Schools would be cashed in on. Any other government "funding" things out there that seem like a cash cow that I'm missing? Utilities, sure.

Maybe I'm nuts to be worried about it in these terms. But doesn't it sort of look like it?

viva wisco

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