Name:   MAJ USA RET - Subject:   The inevitable result of Dem leadership Date:   7/20/2013 12:42:02 PM

“And now they end up in a place where everybody is going to get a haircut — the bond holders, the retirees and the citizens. The question is, you know at large — the story of the United States which dominated the world economically, created all of these programs, entitlements, Social Security, Medicare, and now added on Obamacare, living on the glories of the past where we were the most dominant, without any rivals in the world, and now having to adapt to a reduced economy — are we going to be able to have commensurate cuts? And when you see all of the resistance to anything of that sort by especially Democrats and liberals, it doesn’t give it a lot of hope. In the end, you can have a bankruptcy for a city, but not for a country.”

  - - Charles Krauthammer [Fox News] 18JUL13