A physicist and Sci Fi author looks at the debt ceiling from a slightly different perspective, a perspective I at least found interesting.
The comments to the piece are also worth checking out, anyone not smart gets deflated pretty thoroughly and quickly.
http://davidbrin.blogspot.com/2011/07/calling-bluff-on-debt-ceiling.html<snip almost all of the rather long article to get to the conclusion>
I consider the "Tea Party Movement" to be one of the most brilliant sociological ploys. Perhaps unmatched since a million poor white southern farmers were talked into eagerly and courageously fighting to the death, in order to protect the feudal privileges of a tiny, slave-holding aristocracy. Yes, it is that impressive. Get them to think they are fighting for one thing, while dying for something else.
Likewise, by holding up and waving an obsolete and irrelevant old "left-right'political-axis," today's feudal lords have managed to stir Red America into a frenzy of unparalleled rancor toward every single group or profession that has both knowledge and professional skill -- from scientists to teachers, civil servants, academics, medical doctors, attorneys, diplomats, skilled labor... amounting to a "war on smartypants."
Why stir hatred for all of the folks in society who know a lot? Calling them "intellectual elites?" This program clearly has one aim.
To protect one set of elites from being counterbalanced by other elites. Pretty simple, actually.<snip the very end>