Political Terrorism and Political Terrorists

The US debt crisis for the politicians is more about politics than economics.

When the Republican-controlled House of Representatives finally came up with a bill this Friday afternoon to send over to the Senate, it was one-sided. When it reached the floor of the Democrat-controlled Senate, it was "tabled," i.e. put on the back burner. When the Democrats in the Senate presented its one-sided bill Friday evening, the Senate Republicans fell silent. If nothing gets done by next Tuesday some time, the United States would be in default for the first time in its 235 years of existence.

There is nothing like grand standing until the last minute as the financial markets react negatively. The House, the Senate and the White House together have taken the American people and the world economy hostage, each to its selfish ends. Ironically, they share a common label - political terrorists - and are engaged in political terrorism.