Tick Tock

As America waits for fiscal Armageddon, I have been struck by three things, first just how childlike everyone in both parties has acted.  Now to be fair there are probably men and women that have attempted or are acting as a voice of reason, problem is their words are being drown out by a few hundred adult 3 year olds.  I have also been struck by the number of people that are upset with the other party and has stated that my party is just cleaning up so and so's mess.  Who cares how the mess got here, it doesn't matter if it is Reagan's or either Bush's, Clinton's or LBJ's fault.  Placing blame now does not fix anything, it just wastes time and energy.  Third thing that has struck me, is the financial lack of concern.  The markets are down this week, but mostly due to economic data not the debt crisis.  It is likely, come August 2nd nothing will happen, the debt will still be paid and the country will still go on spending.  There are several options to kept the status quo going and there is the matter of the 14th amendment, which states that the validity of the public debt of the United States shall not be questioned.  Our credit rating may be slashed but that isn't likely to stop investment in the largest economy on earth.  In the end it is the lack of actual crisis that allows both sides, and especially the House Republicans, to not be willing to take what they have won and make a deal.  Instead knowing that nothing is really going to change, this is an opportunity to win votes in November of 2012 and to fill up the war chests.