Your first article specifically talks about Republicans making threats about not raising the debt ceiling.
The worry is political: that populist rage over federal spending and debt will push Republicans closer than ever before to blocking an increase in the Federal debt ceiling.
House and Senate Republicans unanimously voted against the last increase in the gross federal debt ceiling in February
Republican candidates routinely attack Democratic opponents for supporting the last increase in the debt ceiling.
The Tea Party of Fort Lauderdale recently blasted Democratic incumbent Ron Klein for voting in favor of a higher debt limit
In Utah, a conservative group attacked Republican Senator Robert Bennett, who lost the Republican primary, for having voted for repeated increases in the debt limit under President George W. Bush.
Sal Russo, a co-founder of the Tea Party Express and a long-time Republican political strategist, said he doubted that a Tea-powered Republican majority would actually fight to the point of triggering a crisis. Republicans still have painful memories of that type of political brinkmanship by House Republicans that twice led to the temporary shutdown of most civilian government services in late 1995 and early 1996, during the Clinton administration. The move backfired badly with voters.
But a handful of conservatives outside of Congress have argued that a federal default might be a good thing.
Your second article is about historical instances where governments actually have defaulted, including the US in 1790 and 1933.Gary North, a conservative blogger who blends free-market ideology with Biblical commentary, described the virtues of a default in almost rapturous terms last week. "The Great Default will add to liberty, even though it sets back those who trusted politicians’ promises,’’ North wrote. "The credit rating of the United States government will be marked down from AAA to AA. It will then be marked down to A. For every notch down that it falls, the national day of deliverance draws closer."
Your third article claims the Federal Government has never defaulted on its debt.
Did you even bother to read these before posting them?
