Op-Ed Columnist - Big Government Ahead - NYTimes.com
With this gloomy scenario portrayed by Brooks, what does the "full faith and credit of the United States government' mean. Why should foreigners buy our debt in the face of this gloomy scenario? What happens if they don't? Is the U.S. economy headed for a shrink time? We live in perilous times (how many times in history has that been said?)
Now we should be on the watch for a sizable terrorist attack as frosting on the cake.
Here's another view from Declan McCullagh on the government's ability to deal with this mess.
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