Chamber of Commerce: Default is not an option

[antigop]

http://money.cnn.com/2011/07/21/news/economy/chamber_debt_ceiling/index.htm

As the clock ticks down to the Aug. 2 deadline to raise the debt ceiling, Big Business is beginning to panic.

In its latest call for a deal, the U.S. Chamber of Commerce executive vice president for government affairs Bruce Josten wrote in a blog post today that "default is not an option."

"Failure to raise the debt ceiling would have calamitous results," Josten wrote. "It would halt government operations, make our debt and deficit situation worse, debase the value of the dollar and threaten its status as the world's reserve currency, and hamper U.S. growth and job creation."

Yoohoo! Your corporate masters are calling....

[The Magistrate]

1. They Have Sown the Wind, Sir, Let Them Reap the Whirlwind

[Bake]

2. Good. Let them pay their fair share of the taxes.

Let's see some REAL "shared sacrifice" for a change.

Bake

[Ruby the Liberal]

3. Had they tamped down and denounced the idiot fringe on the right back in 2010

This may not have been an issue. They brought this on themselves (and all of us).

[antigop]

4. Agreed. They're a bunch of whiners. n/t

[libmom74]

5. Screw the CoC. They are trying to

scare us. Shock Doctrine.

[emulatorloo]

7. Pretty sure the House tea baggers are ready to default.

Boehner may want the debt ceiling raised, but he has no control of the true believers.

[MineralMan]

6. Ah, now they're scared of what they've unleashed.

Morons abound!

[damntexdem]

8. Calamity is always an option.

Especially in a country that elects immature, rightwing jerks into a majority in a major legislative body.

[Zenlitened]

9. Then it's time for a clean bill. Up or down vote on raising the debt ceiling.

No gang-banging, no grand bargains. None of that Shock Doctrine shit this whole affair represents.

[jwirr]

10. Well, dear chamber if that is so then tell it to you lap dogs in congress. nt

[certainot]

11. jeez, that's not what team limbaugh is saying- dems ought to find a way to quote limbaugh on his

position now that norquist and the chamber are getting worried.