Archive for the ‘New Posts’ Category

My Last Good Nerve

July 21st, 2011

Standard and Poor’s are seriously workin’ my last good nerve. According to the WSJ, “If no deal is struck and the U.S. fails to repay bondholders on maturing debt or misses interest payments, the rating would be moved to default. If the ceiling is raised without a long-term plan to get the U.S. debt load… Read more

People Saying Interesting Things

July 21st, 2011

Today, apparently, is a day of people saying some extremely interesting things. First, Felix Salmon hearts Larry Summers (hat tip, TH).  Larry’s analysis here is hugely compelling, which is what you say when some notable so completely agrees with you: He steps into the batter’s box with this: “I think the biggest problem the country… Read more