I have VERY mixed feelings about Ron Paul. I saw a Drudge headline a little while ago and assumed that Ron was just wandering over in crazy-ville again. He was saying that we "WILL" default when the whole battle is over finding a way to properly prevent such an economic disaster. Then, out of mostly idle curiosity, I skimmed his message. Holy Mother of God, the guy is actually right on the mark. Ron Paul: "We Will Default Because The Debt Is Unsustainable" | RealClearPolitics The debt IS unsustainable. But that doesn't mean we have to default. But what Ron Paul is saying is more highly nuanced: We won't default by declining to send out payments as due. We will, most likely, if we don't immediately fix this huge problem, proceed to "pay" the bills with nearly worthless dollars. We will all end up with money but it will, in effect, be valueless money.