I don't comment much down in this forum with you nut jobs, but I came across this piece that is probably one of the better I have read in a while.
http://www.nytimes.com/2012/02/19/op...dman&seid=auto
Walker’s view is simple: “We are not Greece, where the government grew too big, promised too much and waited too long to restructure, but we’re making many of the same mistakes.” Because of the size of the U.S. economy and the dollar’s role as a global reserve currency, we “have some time” to get our house in order, “but we are not immune from the laws of prudent finance.”