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Rath said:

Well you've got a very poisonous bi-partisian atmosphere. Neither party seems willing to compromise and with one in charge of each house it's possibily going to end up with the USA in a partial default, the feature isn't working.

Its only default if the government chooses not to pay the relatively small portion of its budget that goes to debt repayment, or doesn't cash in the hundreds of billions of dollars in TARP (and other) assets that are owned by the treasury.

Personally, I see that the checks and balances are working exactly as intended ... When you have an agenda that the majority of Americans are opposed to, the minority in one branch of the government can hold up legislation to the extent that little will ever be implemented before an election is called.