Default twaddle. "None of you reporters were math majors, were you?"

Schweikert

"[T]here is no such thing as default unless there is an actual evil attempt from the administration. When you have 18 percent of GDP coming in in cash, less than 2 percent going out in debt coverage—I’m stunned you all fall for it in the press. None of you were math majors, were you?”

Congressman David Schweikert (R) and former treasurer of Maricopa Country AZ quoted by powerlineblog.com