C'mon Steve, this is nothing new. To paraphrase one savvy chief of staff: never waste an emergency by not looting. Our elected officials owe debts to the interest groups that got them elected. If they have to destroy the country's future to pay back those debts, well why not... It's an emergency!

Besides, in a year or two $800 billion in devalued U.S. Dollars will hardly be enough to buy a latte. Or a pair of Walmart shoes.