A Bipartisan Debt Ceiling Fix

Representative Alan Grayson from Reuters

Warren Buffett calls the debt ceiling a “nuclear weapon, too horrible to use.” Obama administration official Jason Furman says the consequence of a default on U.S. government debt is “too terrible to think about.” When asked about a default, Wells Fargo strategist James Kochan simply commented, “Holy cripes.”

With this crisis, America is risking financial Armageddon. The default of Lehman Brothers on its $613 billion of debt ignited a chain reaction in the financial system, nearly destroying the U.S. economy. A default by the U.S. government on $17 trillion of debt — debt that has been considered the safest in the world — could be far worse. 

Paul Ryan’s Core Values

Ken O’Brien

The right wing media mill was, and remains, relentless in its attempts to portray Barack Obama as a radical, anti-American, foreign philosophy-based outsider.

Guilt by association conspiracies were spun around his church affiliation with the Reverend Wright. His having met with radical Bill Ayers was considered proof of his fundamental desire to undermine America. His early work as a community organizer proved he had to be a devotee of Saul Alinsky.