Downgrade

It's not the money...

Modeled Behavior on Greenspan on Default:

"..its not the technical ability of the United States to avoid default has come under question. It’s the pratical ability of our politicians to keep their act to together and focus on the things over which they have actual control and to do their duty to ensure that steady march of the Enlightenment does not go down in flames on their watch. To put out the fires when they begin and to above all keep the peace.

They have shown a willingness to shrink this responsibility that is simply beyond the pale.

That is the essence of a nation downgraded and a world a few inches closer to default."

It's our crappy leaders.

Tnb