We will pay. We will pay because the European banks holding all that bad paper we wrote demand that we make good on it so even more of their banks will not fail. We will pay because the Chinese, the Japanese and everyone else will cut off the loan tap with which we pay the interest (not the principal) on our exploding supernova of national debt. We will pay because God loves the rich. We will pay because we will not be offered any other choice. We will pay because George Bush worked hard for all those Ds in school and became the first MBA president. We will pay because our media has internalized the capitalist system so thoroughly they can only talk in Wall Speak. We will pay because the only language we have to describe our world is that of our oppressors because we have been taught to think in Wall Speak. We will pay because we hitched our wagon to last-stage capitalism and even though the wagon has now two wheels over the cliff and roars forward, we don't know where the brake handle is located. And because we don't know any better or understand any possible resistance to the system because we have been kept like worms in a jar and fed horseshit.
And as we all know, worms do not rise up in revolt.
That takes a backbone.