Worst case scenario [View all]

We have a very conservative IRA earning assets. I'm concerned about some of the more extreme scenarios I've heard cited. What is the best thing, given all the information, that people in our situation should be? I have half a mind to call our guy in the morning and have him move everything into cash. I realize the more likely scenario is that these people will come up with something to raise the debt ceiling, but just in case, I'm growing more and more concerned. I've read through threads but couldn't find any information dated later than early September.

I'd appreciate any input you folk have.