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Morning Examiner: Is Obama's debt ceiling 'catastrophe' just another scare tactic?

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President Obama, Treasury Secretary Jack Lew, Senate Majority Leader Harry Reid and House Minority Leader Nancy Pelosi have described the consequences of the U.S. defaulting in the wake of a congressional refusal to authorize a hike in the debt ceiling as “catastrophic.” The scenario these worthies paint certainly looks catastrophic: Wall Street collapses, world markets are crippled, U.S....

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