Or let's look at the other scenario.. nothing changes and the government continues to spend (borrow) money to give to people who haven't / won't contribute and 1 of the largest note holders calls in their markers! What then? We cannot pay, we will never be able to pay! Are we to only hope that since we as a country have "forgiven" monies owed us, that these foreign powers will "forgive" our debt?!?!?

And why is it, that this "world economy" requires "us" to lower our standards and impose suffering on our citizens to raise the standards in foreign lands? Just because we're "nice guys"?

I say tax the H _ ll out of imports to support all the programs! That'll force'em to keep the "stuff" over there or build it here! Screw the world economy! Charity is supposed to begin at home, we should be taking care of our own first, then help those that we can, we cannot do it all nor should we try!

Of course, the above is my opinion.. tia..