Rising Hegemon
President Obama could have been more adamant in dealing with Republicans, perhaps threatening to use constitutional powers to ignore the debt ceiling if Congress abrogated its responsibility to raise it. But this episode demonstrates the effectiveness of extortion. Reasonable people are forced to give in to those willing to endanger the national interest.
And the media gives a notable assist to the destroyers.
Because Krugman has this terrible habit of being right I guess. How...dare...he!!!
(h/t Balloon Juice)
6 comments:
There is nothing the Villagers hate worse than someone who actually knows what he is talking about and makes them look foolish.
Mark Knoeller's comment confirms what I have long suspected about conservatives... they don't actually believe a lot of their own bullshit, but just spout it to piss us off.
Damn that liberal media!
In other news - Happy Anniversary!!!!!!
August 1, 2001, the day on which the Associated Press first reported that the Treasury Department was tapping $51 billion of credit in order to pay for the budgetary cost of the first round of Bush tax cuts’ rebate checks.
Damn that Clinton surplus!!!
somebody check if president rover got a jump in campaign donations when he readily agreed to take revenues off the table.
rep. blumenauer pointed out "remember there are still two potential government shut downs over the next 14 months that will invite more legislative blackmail over an extreme agenda since it's clear that recklessness works."
who the hell is mark knoller? (clickity click click) omg he's an actual credentialed white house correspondent.
publikkklans insist on a depression.
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