A default of the US government would not only be very harmful here, it would probably send the country back into deep recession, but it just might crash the international financial system.
Noam ChomskyClinton, Kennedy, they all carried out mass murder, but they didn't think that that was what they were doing - nor does Bush. You know, they were defending justice and democracy from greater evils.
Noam ChomskyOne measure for promoting both stability and fairness across financial market segments is a small sales tax on all financial transactions.
Noam ChomskyWhat is important to us is to reverse the shameful course being pursued by America. It won't be easy, but it must and can be done.
Noam Chomsky