Start writing the nasty notes, the debt ceiling must be raised - end of story.
I want to briefly re-post a little tidbit on House Majority Leader Cantor (Republican) -
House Majority Leader Eric Cantor's (R-VA) latest financial disclosure statement indicates that he owns up to $15,000 of ProShares Trust Ultrashort 20+ Year Treasury EFT, a fund that will likely skyrocket as U.S. debt becomes less desirable. sourceAnybody's blood pressure getting elevated here? If not, please re-read.
CS Monitor: Debt crisis: Senate cancels holiday leave, but will it accomplish anything?
...debt crisis, now set to hit on Aug. 2.
"...into a full-blown depression – and that’s without a doubt..."
Republicans are refusing to vote to increase the debt limit unless Congress and the president agree to trillions of dollars in spending cuts in the federal budget.
Bipartisan debt talks led by Vice President Biden derailed last week after GOP negotiators, majority leader Cantor and Senate minority whip Jon Kyl of Arizona, walked out in protest over calls by Democrats for tax increases.
2 comments:
Phony crisis cooked up by the GOP to further destroy the economy and get Christie elected. Of course Obama isn't doing much to help himself is he?
Destroy it they will.
Everybody says that the debt ceiling has to be raised and that the US debt percentage is comparatively below other countries.
The GOP is not helping itself or its cause in any way whatsoever right now.
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