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Uploaded on Jul 28, 2011
...Americans are understandably outraged at the politically-caused impasse that confronts us. The consequences of which for every American and our country have been correctly characterized as catastrophic. For more than two centuries an American default has been unthinkable. The men and women who came before us in this chamber built up the full faith and credit of the United States until it became the bedrock of the world's economy. Despite their differences they agreed that the honor that comes from paying our bills responsibly and on time was a moral obligation...