The Debt Ceiling thread has become a train wreck, between the economic crackpots and the hard line ideologues (Skeptic Ginger is going accuse the GOP of killing and eating babies next).
As I said in my post, it is all a political ritual, a deal will be reached, probably after a couple of temporary extentsions have been passed.
The GOP problem is the same as in the April Shutdown crisis:If it happens they will take the blunt of the blame;Obama is good at presenting himself as the moderate and the Tea Party as the extremists.