Washington Post / Bloomberg Business: " How default would harm homeowners, cities, businesses and everyone else"

...Listen Up you "Tea Party" Republicans. You are about to crash the economy into a wall again!!

If America’s credit rating falls, it’s taking a lot more than just Treasury securities with it. It’s going to take the whole credit market with it. Which is exactly how the subprime housing sector took the economy down in 2008. It would be like 2008, but worse. .....More Here---- http://ping.fm/B31rd