- They'll take their votes (the Boehner plan in the House and the Reid plan in the Senate); (7/27)
- Both will pass in their respective chamber but fail to pass in the opposite chamber; (7/28)
- Republicans will point the finger at Democrats for not signing onto Cut Cap and Balance, while Democrats will complain that Republicans were never genuinely interested in raising the debt ceiling; (7/28)
- Obama administration will openly talk of the 14th Amendment; (7/28)
- Republicans will fire a preemptive lawsuit to seek validity of court standing, then to seek a permanent injunction; (7/29)
- SCOTUS announces they will hold an unprecedented court review over the weekend; (7/30)
- SCOTUS will then reject the use of the 14th Amendment on Monday morning; (8/1)
- Worldwide markets immediately react with 3~4% drops; (8/1)
- Government shuts down; (8/2)
- Markets drop another 3~5%; (8/3)
- Republicans blame Democrats for the drop, based on their dire warnings prior to the deadline; (8/2, 8/3)
- Markets drop another 10%; (8/4 - 8/5)
- Riots in home towns of Tea Party Republicans and all across America Democratic politicians will be marching with labor, seniors and the general public; (8/6 - 8/9)
- Congress escapes to the Capitol for security and an emergency session in the middle of their typical Labor Day recess (August 8 - Sept 5) to pass the Reid bill; (8/10 - 8/11)
- Obama signs bill into law. (8/13)
The time line might be accelerated, but without a doubt, if Congress goes on its regularly scheduled recess, it will be the trigger that sends the nation into demonstrations, marches then riots.
What do you think? Anyone still actually believe a deal can be done before August 2nd?
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