Around world, threat of U.S. default induces shrugs

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  • marxist Salt Lake City, UT
    Oct. 15, 2013 12:34 p.m.

    I believe that it is the intent of the TEA Party front (for Koch Bros et al) to crash the current system. This is been planned for a couple of years. It is nothing less than a coups. It remains to be seen if the Deseret News can perceive this and editorialize against it.

    I hope the Deseret News organization is not one of the authors.

  • SG in SLC Salt Lake City, UT
    Oct. 15, 2013 9:36 a.m.

    *3rd attempt to get the DN comment moderators to post this...*

    Takeaway quote from the article:

    "[Brian Doe, a wealth adviser at Gratus Capital Management in Atlanta] puts the odds of default very low. 'People in Washington are stupid but not that stupid.'"

    I hope he is right. I'm afraid that there are some in Washington who ARE that stupid, who would willingly unleash economic Armegeddon in an attempt to further their cause. They are to the U.S. what Kim Jung is to the Far East.

  • JWB Kaysville, UT
    Oct. 15, 2013 8:56 a.m.

    Even though our Senator Lee is not a statesman, the President is far from using diplomacy and being a statesman in his job for 5 years. We used to refer to other nations as third world but we have slipped into 4th world as a country with real diplomacy. To have a Secretary of State that did what he did in the 1970s go around the world as our ambassador is another embarrassment for our country.

    John Kerry leaves to give way to Mike Lee to surface is a one for one trade?

  • one vote Salt Lake City, UT
    Oct. 15, 2013 7:44 a.m.

    The tea party wants to default and have been planning it. We need to get rid of any representative and their party that causes or votes for this radical event.

  • migraine Indianapolis, IN
    Oct. 14, 2013 7:10 p.m.

    Somehow the current gang of Republicans have decided that they get to demand concessions from Obama in exchange for not ruining the government. Hardly seems dictatorial for BO to "demand" that Congress agree to pay its already-acquired bills (by raising the debt limit and not driving us all into debtor's default) and agree to open & run the daily government (i.e. stop the shutdown). The Republicans are the only party that for months has been openly promoting government shutdown as a bargaining strategy, and are the only party that has members promoting debt default as a goal. Neither of these irresponsible choices should ever have even been an option for any self-respecting public steward. Nobody - whether Obama, Reid, Democrat, Republican, or anyone else - should have to give concessions to people demanding favors just for not ruining our country's credit worthiness. With the Republicans promoting reckless fiscal brinkmanship as a strategy (fancy way of saying "extortion"), it hardly seems dictatorial to expect more reasonable and honorable behavior first, before negotiating on genuine differences of opinion.

  • lost in DC West Jordan, UT
    Oct. 14, 2013 4:23 p.m.

    threat of US default induces shrugs

    maybe since those outside the US know the constitution requires the faith and credit of the US to be maintain, and they believe Lew will actually prioritize payments accordingly.

    the US media wants to instill gloom and doom to bolster the dems, so they misrepresent the situation to make it appear worse than it is and to shift blame from harry and the party of NO!!!!!! to the repubs who have voted to keep government open.

    I heard a NYT columnist lying on NPR the other day. She said the tea party had planned the entire government shutdown - they had drawn up a blue print earlier this year.

    The tea party HAD drawn up a blueprint, but it was to defund obamacare - BO, harry and the MSM turned that into a plan to shut down the government. There is a big fiddere4nce, but the misinformed obamafiles do not understand it because the MSM intentionally misleads them.

  • Say No to BO Mapleton, UT
    Oct. 14, 2013 1:37 p.m.

    The AP never disappoints. Just because the market didn't crash today, in their disappointment they still reported gloom and doom. The nice thing about the AP is that you know what the White House is thinking when you read their stories.