From C-SPAN's Newsmakers, Rep. Jim Jordan (R-OH) thinks it would be perfectly acceptable to go past the hard deadline Treasury Sec. Tim Geithner gave the Congress for the absolute last date that the debt ceiling can be raised and if that means that we don't pay part of our obligations, oh well, so be it. Grandma and grandpa have their Social Security checks stopped, that would be too bad, but it's more important that we gut the government and take care of this manufactured crisis that we never worried about before a Democrat got elected president.

This is unbelievably irresponsible and dangerous talk coming from yet another member of our United States Congress. Apparently we've got House members contemplating just how long they can drag this thing out since he admits that they were looking at what the date would be that Social Security checks don't go out any more. After being reminded that even John Boehner "thought it could have disastrous economic consequences if this went past August 2nd", Jordan shrugs it off and pretends that not getting the deficit reductions they're demanding would somehow be worse than running either into or past the hard deadline Geithner gave for default.

He also dismisses like a lot of them have whether August 2nd is the drop dead date or not, but admits that it would be some time in August even if it's not exactly the 2nd. I'll honestly be surprised if we don't start seeing the bond markets reacting if they don't get an agreement made within the next day or two and this clown thinks we could keep this game of chicken going for another few weeks.

LERER: Do you think the country would default, that we would go into default if we pass this August 2nd? JORDAN: Remember, there's a difference between default and not having enough money to meet all obligations that we've appropriated for, or passed in law to spend dollars on. On August 2nd there's still going to be revenue coming into the Treasury. So, you know, would it possibly require Tim Geithner to make decisions about who gets paid first? Yeah. And, you know, I'd like to think the administration would say, well, obviously a default means you don't pay the bond holders, so you've got to pay the bond holders first. And the bond holders are, I assume all of you have some kind of 401K invested in... all Americans have some kind of investment. LERER: And the Chinese... JORDAN: A host of folks own bonds. BRAWNER: So they would get paid first? JORDAN: Local governments have all kinds of, you know, municipal governments, county governments have all kinds, so meet bond obligations first, then you start going down, Social Security, our troops and you start making sure they get paid first, but, at some point, it may mean, folks who work in the federal government here in Washington, bureaucrats in Washington who work here, government employees, may have to wait a while to get paid. BRAWNER: Congressman, as you probably know, Social Security payments are made on the third of every month.