Who says you can’t have it both ways? After spending the last few months insisting that we drastically cut all social programs (like Medicare, Social Security, etc.), the Republicans have figured out that voters might not like that very much. So I guess it is no surprise that now that the debt ceiling deal is […]
© Matt Davies The Dow dropped over 500 points today, its worst day in three years.
“This debt crisis still isn’t solved, but yesterday, the White House said it’s working on a ‘plan B’. Unfortunately, the B stands for ‘bake sale.’” – Jimmy Fallon “Sarah Palin said that if a deal isn’t reached by Aug. 2, nothing will happen. Do you hear that, award-winning economists?” – Jimmy Kimmel “We are over […]
I can’t help it. I’m posting too many clips from Jon Stewart, but he seems to be the last sane person standing during the debt ceiling debacle:
I haven’t posted anything by Keith Olbermann for a while, but this rant of his on the debt compromise is really good:
“The NFL lockout is over. All the parties agreed and we have a compromise. It’s too bad the national debt isn’t as important as football.” – David Letterman “‘Debt ceiling,’ to me, sounds like a boring John Grisham novel, but apparently it’s very important.” – Jimmy Kimmel “We are $14 trillion in debt. To understand […]
© Jim Morin Maybe the problem isn’t the politicians, it is a political system and media that are controlled by money and power. Or maybe the voters just need to wise up so they aren’t so easily influenced by the propaganda on TV.
James Warren has an excellent article in The Atlantic “Get Over It: This Is Who Obama Is“, which provides a reality check for those who are mad at Obama about the debt ceiling deal (even though it was written before the deal was done). Those people (I’m looking at you, progressives) who are angry at […]
[This post was written by David Freeman, one of our readers, about the Debt Ceiling compromise.] The Three Compromises That Proved It Is Folly To Negotiate With The Devil The Compromise of 1790 prevented (for a time) Civil War. The Compromise of 1820 (The Missouri Compromise) again delayed Civil War. The Compromise of 1850 delayed […]
“I’m not saying this Congress is bad at its job. I’m just saying that this Congress is equivalent to a skunk with its head in a jar of Skippy peanut butter.” – Jon Stewart “A lot of people don’t understand what the debt ceiling is. So everyone can understand, it’s the ceiling for our debt.” […]
Watch the whole thing. First how the media reported it, then what really happened:
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