Crazy Talk About Defaults, Prioritization, and Missing Social Security Payments

By: Tuesday October 8, 2013 5:00 pm

t will cause economic turmoil when the government stops paying the rest of its bills, lays people off, and stops buying stuff. But, that what you get when you put people who hate “big government” in charge of a big government. They are all out to “starve the beast..”

 

Administration Seems to Hint that They Will Prioritize Bondholders

By: Tuesday January 15, 2013 12:05 pm

It would seem the Obama administration is hinting that they will (or at least want the market to think they will) prioritize bondholders over everyone else if the debt limit is reached.

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