Perhaps it’s just because he appeals to my deeply cynical inclination regarding politics in general, but MSNBC’s Lawrence O’Donnell seems to be providing the sharpest, most insightful commentary these days concerning the strategic machinations behind all the posturing over raising … Continue reading →
Continue readingTag: debt ceiling
Trashy's World: Another financial meltdown in the U.S.?
President Obama is warning of one if the debt ceiling is not lifted.
The American government will exceed its legislated debt ceiling of $14.3 trillion in August.
Trillion.
14,300,000,000,000.
Holy crap.
According to the Canadian Taxpayers Federation (yeah, they’re weenies and you’ll seldom hear me say anything good about them), our debt stands at $559 billion. That puts our national […]