Brian Gongol
A map of the possible consequences of the US debt-rating downgrade
It's not a pretty sight. (Based upon a quick sketch of the problem from Sunday night.)
"Wise politicians will be cautious about fettering the government with restrictions that cannot be observed, because they know that every breach of the fundamental laws, though dictated by necessity, impairs that sacred reverence which ought to be maintained in the breast of rulers towards the constitution of a country, and forms a precedent for other breaches where the same plea of necessity does not exist at all, or is less urgent and palpable." - Federalist Paper No. 25
site content: Brian Gongol
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