Sometime in the next 24 hours we will be switching European Tribune over to a new layout. This will involve a little downtime and no doubt some teething troubles. Do not adjust your set. - Colman

But presumably the President can't spend money he hasn't got - so does NOT spending (say) all the military budget duly appropriated constitute a default?  Clearly if he didn't pay defense contractors, it could be construed as a default. But if he closed German military bases, Guantanamo, withdrew early from Afghanistan, didn't renew contracts for private prison operators and defense contractors etc. that is hardly a default as such - but would make Republican heads explode.

Index of Frank's Diaries
by Frank Schnittger (mail Frankschnittger at hot dotty communists) on Mon Jan 14th, 2013 at 09:24:10 AM EST
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