A revealing leak from the Treasury Department reported by Bloomberg "U.S. Contingency Plan Gives Bondholders Priority:" The U.S. Treasury will give priority to making interest payments to holders of government bonds when due if lawmakers … [Read more...]
Archives for July 28, 2011
Next for the Darwin Awards: the USA.
You know, the sheer, rock-headed, mind-boggling stupidity of today's GOP in this debate is truly historic ... big-scale historic. Our Senator John Kerry (you know, the good one) has described it pretty aptly, most recently tonight on … [Read more...]
Khazei: “If we default, Scott Brown is personally responsible.”
Charley and I sat down for about an hour and a half with Alan Khazei today. We covered a lot of ground about the Senate campaign, and we'll write up the whole conversation in due course. But his answer to one question was particularly … [Read more...]
Scott Brown has a Choice: Medicaid or Millionaires?
Tuesday, August 2 marks a critical deadline for the United States economy: for the first time in our nation’s history, the government may default on its debts. And should that happen, the ripple effects will be felt by every American … [Read more...]
Statement on the Debt Ceiling Crisis
Statement on the Debt Ceiling Crisis By Tom Conroy State Representative and Candidate for U.S. Senate Lift the debt ceiling! I wonder what it will take for Congressional Republicans to stop playing chicken with the … [Read more...]
Pretty sure default will happen.
Listening to influential Rep. Jason Chaffetz (R-UT) this am on NPR, I'm losing hope that this will get done. Chaffetz is not voting for Boehner's plan because it's not crazy enough. [NPR's Steve INSKEEP:] Do you agree, congressman, that if … [Read more...]
Scott Brown’s dumbest move yet: “Cut/Cap/Balance”
Oh my. He didn't really, did he? Yes, he did. Our junior senator voted for the insane Cut, Cap, and Balance Act (which mercifully failed to get a vote in the Senate), and then used his vote to raise money. How crazy is this thing? Well, … [Read more...]
DCCC: I guess he has time to save seals, but not gay kids
It been confirmed that Scott Brown declined to participate in a video “It Gets Better’’, the video is aimed at helping gay teenagers who are contemplating suicide or struggling with depression. Brown was invited to participate in the … [Read more...]
17,000 state workers get $42 million in pay raises
Here's the preview clip, tune in tonight at 10 for the full story on Fox 25. Fox Undercover Preview: MyFoxBOSTON.com Thought we were in a recession... As Pioneer's Jim Stergios points out about 2 minutes in, students who are being asked … [Read more...]
The end of Congress as we know it?
Will Republican intransigence mean the end of Congress, at least as you and I know it, and the designers of checks and balances designed our government? Unfortunately, too many Republicans see the hyped debt ceiling crisis as a way to … [Read more...]