What would all the world's experts and authorities say today if the Titanic were sinking but nobody was willing to admit it? The U.S. economy, after all, is sinking and taking on an unprecedented volume of water (i.e. debt), yet virtually no one is willing to admit the obvious fact that this ship is sinking. And much like with the Titanic, most "experts" continue to claim the U.S. economy is unsinkable, despite the obvious evidence that we might want to start heading for the life rafts.
So in the spirit of comedy -- which is, after all, what we are witnessing in Washington these days -- imagine The Titanic hitting an iceberg in 2011, followed by a string of experts all trying to spin the story their own way. Here's what they might say:
The chemist: That's not an iceberg. It's merely solid-state di-hydrogen oxide.
Al Gore: That iceberg wouldn't have even been there if the polar caps weren't melting.
President Obama: The Titanic isn't sinking. It's merely engaged in "aquatic action."
Former President Bush: Icebergs are weapons of mass destruction planted in the ocean by terrorists. We must avenge the iceberg terrorists!
The Pentagon: We will equalize the hole in one side of the ship by blowing a matching hole in the other side.
The TSA inspector: You're not allowed onto a lifeboat until we check your anus for explosives.
The Cancer Doctor: We can't fix the hole in the ship, but through the miracle of chemotherapy, we can make you suffer so much that you won't care.
The teenage girl: Can I still text on my iPhone under water?
Congressman Weiner: Yes you can, and by the way, here's a very special "going away" message for you to remember me by.