The status quo will be continued until the free market destroys the purchasing power of the dollar.
If it is not, there is not a single politician up for re-election in 2012 that will be re-elected.
NEW YORK (CNNMoney) — Doctors, hospitals, nursing homes and pharmacies might not get paid for products and services if the federal government defaults on its debt next week.
Some physician groups, anticipating this scenario, have started to warn their members that a possible default means their Medicare paychecks may not get mailed.
The American Academy of Family Physicians, which has more than 100,000 members, alerted them this week that a default means the government will only have enough money to pay about half of its bills, resulting in a likely delay in Medicare payments to physicians.
In that scenario, the government would likely halt Medicare reimbursements to doctors until the debt ceiling issue is resolved, the group said.
Read more:
