Yep. I do have to admit that Boehner and the House Republicans are holding up better than I thought they would.
Contrast this with the castrated GOP cowards in the Senate who propose to give Obama carte blanche to run up $2.5 trillion more in debt in the hopes that the voters will blame him for digging us deeper into a hole.
I do have to admit that Boehner and the House Republicans are holding up better than I thought they would.
Contrast this with the castrated GOP cowards in the Senate who propose to give Obama carte blanche to run up $2.5 trillion more in debt in the hopes that the voters will blame him for digging us deeper into a hole.
You act as though there isn't some kind of unofficial set of agreements/policies and procedures that occur between within the same political parties that run between the two houses of Congress.
You act as though there isn't some kind of unofficial set of agreements/policies and procedures that occur between within the same political parties that run between the two houses of Congress.
As of tonight there isn't. The GOP is seemingly prepared to crash the U.S. economy come Monday when markets open.
The GOP is seemingly prepared to crash the U.S. economy come Monday when markets open.
I really haven't been following this at all, but why do you think it'll be mess when markets open on Monday? Do investors and whoever really think the worthless government dufus's won't do what has to be done by the deadline?
I really haven't been following this at all, but why do you think it'll be mess when markets open on Monday? Do investors and whoever really think the worthless government dufus's won't do what has to be done by the deadline?
up until now most rational and sane people have assumed that something will get done to raise the debt ceiling before 8/2. Those assumptions flew out the window tonight. Unless a deal is struck by Sunday, Monday is going to be a rough day.
Obama was specifically asked what he would tell markets to calm them on Monday and assure them that a deal would get done, he didn't have an answer.
There are a great many people in the tea party who think that a default is no big deal and would actually be preferable to raising the debt limit, I fear they've handcuffed the GOP and are walking them, and the nation, over a cliff. I can tell you that we'll lay off about half our workforce in the 2nd week of August if there is a default. Not because we deal directly with the government, but because many of our clients do - and they will all slam the breaks on spending as they did in late 2008.
