Wednesday, July 27, 2011

Political Games and the Debt Crisis

BBC News: Reports how the Democrats and Republicans are throwing political bricks at each over the debt ceiling crisis. Folks the Tea Party Republicans wont allow Speaker Boehner to cut a deal with the Oval that raises taxes and does not have major spending cuts, the Democrats don’t want to cut the welfare state, they want to raise taxes, the Oval does not want a 2nd debt ceiling before the Presidential election and Republicans want that as to finish off Obama. This just could be a perfect storm that leads to default folks, odder things have happened folks.

No comments: