Quote of the Day: The Fourth Turning Has ArrivedSubmitted by Apple on Mon, 10/07/2013 - 21:06
An impasse over the federal budget reaches a stalemate. The president and Congress both refuse to back down, triggering a near-total government shutdown. The president declares emergency powers. Congress rescinds his authority. Dollar and bond prices plummet. The president threatens to stop Social Security checks. Congress refuses to raise the debt ceiling. Default looms. Wall Street panics.
- From The Fourth Turning by William Strauss and Neil Howe, published in 1997