Baloney, pure rubbish, Sir. Moody's is correct and as I've been saying to anyone that has an ounce of grey matter; the USA will NOT, and I repeat for the umpteenth time, will NOT default. All it means is that the USA cannot borrow anymore money. It can pay it's debts with interest, and all that needs to be done is to prioritize how that money gets spent, period. Think of it like a budget. This is how much we make, this is how much we owe each month, so honey, looks like no cable tv, and cell phones this month. No eating out at Denny's, or McDonalds, and certainly not getting that massage at the spa. If we cut back, we'll be ok..
Obama, and anyone in the world that believes his lie about default is a moron!
Tim-