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Default would be devastating

To the editor:

If you’re not afraid of what’s about to happen on Oct. 17, you should be. Because life as you know it will just be a memory if this country defaults. The United States of America will be in financial shambles as never experienced before. Not even the Great Depression will compare. The value of the American dollar will spiral downward and the runs on banks will be unprecedented. That’s just the beginning of what’s to come.

All because of the so called Tea Party and its stranglehold on the Republican party. I personally believe they want the United States government to collapse; and have conspired to cause the United States to shut down and default. Why else would they be so foolish as even contemplate letting this happen over an already passed law?

Dwight Cooley


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