Thursday, July 21, 2011

More Pelosiville

“We all have an obligation to prevent our country from going into default,” Pelosi said. LA Times
No we don't.
Pelosi said that, like just about everyone on the Hill, she has no idea what form a final package might take -- just 12 days away from a potentially catastrophic default.
Well, the most efficient result is default, it will be catastrophic for her, but not me. It means that when Felix Salmon sends in his armed agents to collect debt service, there will be less to collect.

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