"As some of us have been saying, financial markets are way too complacent about the debt ceiling — which we’re going to hit in as little as five weeks. Everything Republican leaders are actually saying suggests that they intend to go full-on blackmail, holding America’s full faith and credit hostage to the sacred goal of crippling Obamacare before it gets going. Assumptions that they will in fact blink are entirely faith-based. And this article about the plight of the near-old — those close to, but not yet at, the Medicare age — shows what it is the GOP is willing to fight for, indeed to endanger the stability of world financial markets:"
Posted on: Wed, 11 Sep 2013 15:47:11 +0000