Saturday, July 30, 2011

Who'll get paid when Uncle Sam runs out of funds?

Who will Uncle Sam pay if there’s no debt deal?
Yahoo! News
Come Aug. 3, just who will get paid?
Read and get ready
Comment: A look at the list teaches less about who'll get paid than a much somber story: there is no way the government will ever be able to save on the basis of choise. Any item is political poison. Mortal choices would have to be made: leave your soldiers in the dirt or leave your elderly without medical care, pay your bondholders or give help to the poor, and on and on.

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