Any sane person possesses at least a cursory understanding that a default by our country will have catastrophic effects on our country. If our country's credit rating goes down, interest rates on our debt will go up, the "jobless" recovery will be halted, and middle/working America will know pain and suffering that has not been seen for generations. Ronald Reagan understood this as he raised the ceiling 12 times.
Bachmann recently told Social Security recipients not to worry. The default will be no big deal and America has plenty of money and will continue to issue their checks.
In essence, she is right. Social Security is solvent. But if Rand Paul, Eric Cantor, and the New Conservatives get their way, the capital accumulated in Social Security, Medicare, and Medicaid for decades through the work of middle/working Americans will be extrapolated and redistributed to global corporations and the super rich in the form of tax breaks and obscene subsidies to fund their corporate jets and regal lifestyles. All this without the creation of any jobs for the American workers that toiled for decades to fund the capital the Republicans are extrapolating. Fair and balanced.
George Bush set the ball rolling and 9/11 couldn't have happened at a better time. The Tea Party, comprised of minions, fools, and employees, either current or aspiring, of the global corporations and the super rich, began this process. Using 60's tactics, these patriots, with their own unique ideologies and fundamental beliefs, attacked our democracy on the populous front and in the media, using convoluted logic and a "take what you want and leave the rest" approach to the US Constitution. At the same time, traditional Republican interests attacked in Washington and the mainstream media with lobbyists and money.
The wealthy (mainstream Republicans) may have accumulated enough cash and gold to be unaffected; or perhaps not. Politics makes strange bedfellows. History will show if the merger we have witnessed destroys our country.
Polls show that America is coming around from the Bush hangover. Now Republicans are saying polls don't matter and Americans don't know what's good for them and the country. The solution lies in Keynesian economics.