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    • Consequences of the Greek OXI (no) Vote
      A few points: This isn’t about soaking bankers.  Bankers, with some exceptions, were paid off during the “bailouts”.  Right now it is taxpayers who are on the hook. If you wanted this done right (lenders take their losses), it had to be done in 2010. The immediate question is if ECB will restore “lender of [...]
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Primaries Matter

Discuss.

Update on the debt ceiling debacle:  The cloture vote failed in the Senate.  Harry Reid has let everyone go until later this afternoon.

So, to recap, the “compromise bill” was about as ugly as it could be, Republicans got just about everything they wanted including all cuts and no revenue increases and a SuperCongress committee (to which no one we know belongs) to make future cuts to things like entitlements and mortgage interest deductions, and it *still* wasn’t good enough.

This is a coup, plain and simple.

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