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**Written by Doug Powers

According to some, the country is teetering on the brink of an epic financial disaster, the severity of which could fall somewhere in between the stimulus and the Gingrich campaign. But just because economic Armageddon is knocking on the door is no reason to cancel fundraisers.

Citing debt negotiations as the reason, President Obama will not make two fundraising appearances today. The fundraisers themselves will go on, but they’ll feature a different headliner:

Meanwhile, the president has canceled his appearance at two fundraising events Monday night in Washington because of the debt-ceiling situation, an Obama campaign official told CNN.

Vice President Joe Biden will attend the events instead, the official said.

As has been the case with other Biden-led fundraisers, there will be plenty of closet space for reporters. How will potential donors react to Biden showing up instead of Obama? Worst case scenario, at least Sheriff Joe would put the “f-u-n” in “refund.”

I don’t know why Obama would have to cancel his appearances. If Congress were to agree on a deal couldn’t the president just use Autopen to sign it from afar?

At least the insistence upon going ahead with fundraisers carries with it an implied optimism. Those who would have us believe that on or about August 2nd the world as we know it could cease to be nevertheless appear fairly certain either way that the Republic will still exist on November 6, 2012.

Update: Though one fundraiser today will go on with Biden filling in for Obama, many others are being outright cancelled or postponed.

**Written by Doug Powers

Twitter @ThePowersThatBe