Monday, August 01, 2011

Artificial Debt Crisis Created by Republicans In Spite of Markets Ready to Lend Money to US Government: David Frum Reports

As reported by David Frum at the FrumForum in Debt Crisis? Really?, money markets had nothing to do with the so-called debt crisis but only the catastrophic position of fundamentalist fringe elements of the Republican Party on the issue.

Read especially the comments and the links in those comments.

Hat tip to CaryGEE.

U.S. President Obama and Congressional Leaders Reach Bipartisan Debt Agreement: Congressional Vote Still Due But Enough Yes Votes Allegedly There

I received this email from the U.S. President's staff: It reads as follows:

"Friend --

The President and congressional leaders reached an agreement last night to meet our financial obligations and reduce our deficit.

Many people will have lots to say about this deal -- but the President wanted to talk to you directly.

Watch the video:

Please share this video with everyone you know.



Jim Messina
Campaign Manager
Obama for America"

What still remains to be done at the time of this writing is a Congressional vote on the debt agreement.

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