Saturday, July 30, 2011

The Republicans voted a debt hike thru

Now it's the democrats turn. Despite a lot of democratic whining, the House bill doesn't cut much, the cuts are fake cuts, and the balanced budget requirement is popular with all the voters. If the democratic Senate and the democratic president shut the government down, the bade vibes ought to accrue to the democrats.
Also amusing is seeing Barney Frank, the man who gave us Great Depression 2.0, arguing that a downgrade of US debt by the Wall St rating firms doesn't mean anything.

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