Please do not pull out your hair when you watch this video, via The Boston Herald.
As I have said before, this guy is an unusually good Bill Clinton. The debt has increased dramatically on his watch and that is a threat to our credit rating regardless of the debt ceiling. He has put forth no plan, except for a budget in April which would have exploded the debt. Yet he now is lecturing us and acting like Mr. Reasonable.
And all the while, hie administration via Tim Geithner has been whipping up a media frenzy warning of a debt default, which he just acknowledged would not happen.
Added: And he’s blaming Bush, still: