Thursday, June 23, 2011

Debt Ceiling Talks Collapse

More theater.  The debt ceiling will be raised, like it always has, despite GOP petulance.  The problem is not that it will be raised--the problem is that Congress will be successful in raising it--and it's a goal both sides of the aisle desire.  So the solution to a bulging debt problem is to take on more debt.  Genius. 

http://www.zerohedge.com/article/debt-ceiling-talks-collapse

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