Why Oligarchs Don't Want A Deal
source: http://crooksandliars.com/karoli/why-oligarchs-dont-want-deal
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- kvb1
- added this
Great analysis on what the Debt Crisis means to the Super Rich and Banksters
We've been told that defaulting on our debt will be a catastrophe, and indeed it would. This is why a routine raise to the debt ceiling is the right thing for Congress to do. So why the "grand deal"? Arguably, the Tea Party caucus could be peeled off and a clean vote achieved with Democrats joining to raise it. Even with Joe Walsh's "stonewall letter" now gaining traction in the House, it could be done.
http://crooksandliars.com/karoli/why-oligarchs-dont-want-deal
We've been told that defaulting on our debt will be a catastrophe, and indeed it would. This is why a routine raise to the debt ceiling is the right thing for Congress to do. So why the "grand deal"? Arguably, the Tea Party caucus could be peeled off and a clean vote achieved with Democrats joining to raise it. Even with Joe Walsh's "stonewall letter" now gaining traction in the House, it could be done.
http://crooksandliars.com/karoli/why-oligarchs-dont-want-deal
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- groups:
- News and Politics
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- tags:
- Debt, Disaster, Hedge funds, Oligarchs
