re: #245 Lidane

Seriously. A short-term increase is meaningless, since all that accomplishes is dragging out this debt ceiling bullshit for that much longer.

They need a deal NOW. We can’t afford a default. Our credit and our standing in the world are at stake.

In addition, Obama’s insistence on a deal that extends the increase into 2013 calms the bond markets down to a dull roar. The vast unwashed don’t have any idea what bond markets are.

My brother, who is a partner in a bond investment company that deals with long term investors, mainly retirement funds, has an asshole right now that could not pass a bar straw.