US gubmint shutdown + default + subprime sequel?

[Vladimir]

I find it very hard to believe our Congress could be that irresponsible.

The problem is that they have been for a very long time, and it was the President who stormed out of the most recent negotiations.

I haven't read your article yet but I assume it's alarmist. Truth is that we have plenty of money to cover our discretionary expenses (social security, debt interest, medicare) so the resulting cuts would be discretionary (this always means military).

Read it.

Thought so; a lawyer from NOVA offering more opinion than news. Yes, there will be pain, which is why I hope all parties involved come to an acceptable solution.