I'll start with Senator Jim DeMint whom stated about the "Debt Ceiling" and its pending default status:
"...There may be some items delayed or shelved, but, there will be no default...."
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If payments of indebtedness are not carried through that IS default. Somehow Senator DeMint has no real grasp regarding 'promptness' and 'brevity' of the USA economy's inability to pay the bills.
Senator DeMint attempted to diminish the brevity of the August 2nd deadline. He hardly can be considered competent or responsible.
He and those like him have no respect for this country, it's esteem or it's President.