VIP
Don't Play Their Game
UN Report Says One of the Deadliest Threats to US National Security Is...
Here's What Trump Had to Say About That Olympic Athlete Who Bashed His...
'Brass-Knuckled Hypocrisy:' Even the Washington Post Is Slamming Virginia Democrats' Redis...
This Viral Super Bowl Halftime Story About Bad Bunny's Grammy Was Completely False
John Kasich Called Bad Bunny's Show a Celebration of Latino Culture. Did He...
Senator Eric Schmitt Goes Nuclear on Dems Over ICE Funding, Immigration, and the...
Check Out How the Media Portrayed Japan's Conservative Party's Big Election Win
Jonathan Turley Wrecks Jamelle Bouie for His Despicable Attack on Vance's Mom
Is Prime Minister Keir Starmer Going to Resign?
VIP
Gold Medal Motherhood
Faith Over Flash
We Didn't Think Progressives Could Make LA Any Worse, but They Can
Don Lemon Defends Bad Bunny's Halftime Show While Admitting He Had No Idea...
'The President’s Plan Is Working,' Scott Bessent Predicts a Booming Economy in 2026
OPINION

The Fed, Wall Street Plan for Default

Townhall Staff
Townhall Staff | Jul 21, 2011
The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
With less than two weeks before the United States cannot borrow more money, the Federal Reserve and Wall Street are making plans to prepare for the country’s possible default on its $14.3 trillion debt.
Advertisement

In the most revealing comments to date, Charles Plosser, the president of the Philadelphia Federal Reserve, told Reuters the nation has for months been in “contingency planning mode” to deal with the fallout when the federal government runs out of money.

Read more: http://www.politico.com/news/stories/0711/59540.html#ixzz1SlOB7bpO

Join the conversation as a VIP Member

Recommended

Men Are Going to Strike Back Kurt Schlichter
John Kasich Called Bad Bunny's Show a Celebration of Latino Culture. Did He Read Some of the Lyrics? Amy Curtis
TMZ's Halftime Show Poll Isn't Going the Way They Hoped Amy Curtis
This Viral Super Bowl Halftime Story About Bad Bunny's Grammy Was Completely False Amy Curtis
Check Out How the Media Portrayed Japan's Conservative Party's Big Election Win Amy Curtis
Senator Eric Schmitt Goes Nuclear on Dems Over ICE Funding, Immigration, and the SAVE Act Amy Curtis

Trending on Townhall Videos

Advertisement
Top Columns
Advertisement

Trending on Townhall Media

Here's What Trump Had to Say About That Olympic Athlete Who Bashed His Immigration Policies Jeff Charles
Advertisement