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Reason already has dissappeared in the form of the Tea Party. What business does not lever it's balance sheet at opportune times? Also the "family checkbook" analogy is particulary irksome.

Agreed, you can find TM systems in Connors' books for far less money.

Can't disagree. We should overhaul healthcare delivery and restructure social security and if Repubs would give up their zombie dogma that lower taxes and smaller govt. ALWAYS create jobs and growth (against evidence) we could begin re-building infrastructure and incenting technical and...

Debt limit is not part of Constitution. It was created by Congress so Congress can change it. ........"The U.S. debt ceiling began in 1917 with the Second Liberty Bond Act, which helped finance the United States' entry into World War I." I think they should abolish it all together for 2...

Because it's the banks who would suffer and they are running the game.

Focus on Obama if you want to. The Tea Party may sink the economy – a B movie zombie flick gone real.

What idea? What thoughts? Don't hurry.

He was posturing like every politician does. The debt ceiling increase was a formality then and it is the same now. The debt ceiling will be raised one way or another - the money has already been spent! The real debate must be about jobs - this is all a distraction and a waste of time.

Only an invisible one which is what we've seen so far.

Whatever knowledge you are holding onto will undoubtedly become stale. You would be better advised to learn new methods - and share.

Obama has moved to the center, offering beginning cuts that in a saner time reasonable Republicans would have accepted. The problem is that Republicans are no longer reasonable. They're captured by their fealty to Grover Norquist and a "no new taxes" pledge. They might as well be zombies...

Michelle has the numbers? Somehow that doesn't fill me with confidence.

Allan Greenspan, first appointed Federal Reserve chairman by Republican President Ronald Reagan in August 1987..........

Republican leadership is pathetic. Boehner says that the debt ceiling is the "Presidents problem." I don't think it was Obama alone who cut taxes, started 2 wars, expanded Medicare and bailed out Wall Street banks. Republicans are complicit - they just don't want to pay a bill that has...

Maybe so but If Obama (or practically anybody) had been President 2000-2008 we wouldn't be in this mess.

Republican leader "gorgeous" Michelle Bachmann says there is no problem in defaulting.

Max, with all due repsect, I think you have it exactly backwards. All the Republicans have to do now is agree to a deal that will close some tax loopholes that benefit mainly the well off and the deal is done. But they can't say yes to a good deal. They want even more cuts - whose immediate...

Altruism and group co-operation provided an evolutionary advantage.

That's the problem with Republicans - they feel they're under no obligation to help anybody but themselves.

What, more good news for the unemployed.