After a quarter century, the Republican Party default option has resulted in a government which is vastly more expensive and expansive.
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Despite the high jinks and copious drinking (or perhaps because of it), their large brains came up with a way of reducing risks for bond buyers: a bilateral contract that, for a fee, enabled investors to pass on the risk of default to another party.
Hiregoudar, professor of political science at Karnataka University, said the win would be "a victory by default" for the Congress party.
That's what happens when Washington's default setting is always along party lines.
Now gay marriage is the default position of the Democratic Party, Bill Clinton is apologizing for signing Doma, and Mr. Obama's Attorney General not only refused to defend this federal statute but is urging the Court to overturn it.
And Mr Zedillo, party flag-bearer by default, turned against his self-exiled predecessor.
My second suggestion is to require banks to submit standardized credit information about their borrowers, as well as the associated default history, to an independent third party that could cleanse the data, ensure its anonymity and add it to a national database.
As a result, continued rhetoric and indications that either party might be willing to default on its debt will have the same effects as a real estate partnership that does the same: They will pay a higher interest rate and at some point if it continues long enough will have increasing difficulty borrowing money.
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If the Liberals do squeak back it will be by default, as Canada's only national party.
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The measure, as you know, that Senator McConnell has proposed would essentially turn authority for raising the debt ceiling -- for being the responsible party and not allowing the United States to default on its obligation -- over to the United States -- the President of the United States rather than the United States Congress, which has traditionally held that responsibility.
The US, led by the Republican Party, is itching for at least a partial default.
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By default, we have thus alienated the majority or more powerful party.
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Furthermore, party schools had similarly worse graduation rates, student loan default rates, and had fewer students in the STEM disciplines.
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So there is no question that the President during those negotiations had to be the responsible party and ensure that however they ended, they prevented default.
In addition, the actions require servicers to establish robust oversight and controls pertaining to their third-party vendors, including outside legal counsel, that provide default management or foreclosure services.
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Microsoft agreed to allow computer manufacturers and consumers to select a default desktop search program just as they can with third-party Web browsers and media players.
This is pushing Latinos away from the Republican Party, which they view as hostile to immigrants, and toward the Democrats by default.
The Tea Party has chosen fear by leveraging control of one-third of government to threaten default if they did not get significant budget cuts.
Although most platforms will be open to third-party content, the ability to configure their phones to start up with their own portals as the default home article gives them a huge advantage.
Did Congress under President George W. Bush flirt with default and cause the markets alarm and our economy to slow down and job creation to slow down because one party or the other had demands that insisted on being met?
The idea behind Thursday's legislation, passed on a near party-line 221-207 vote, is to lessen the consequences of a U.S. default on its debt obligations if Congress and President Barack Obama can't find a way to lift the government's borrowing limit later this year.
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