Overnight Debt Bomb Countdown
Because the Sun may not rise in the East tomorrow, I’ll be posting random updates of interest, but feel free to help out in the comments particularly in those hours known on the East Coast as sleepy time.
- Harry Reid just (8:40 p.m. Eastern) issued a statement saying a short term extension is a “non-starter.” Via Reuters: “”Speaker Boehner’s plan, no matter how he tries to dress it up, is simply a short-term plan, and is therefore a non-starter in the Senate and with the president,” Reid said in a prepared statement.”
- Keep track of our national debt in various iterations, including debt subject to debt limit, total debt, per person, etc., at U.S. National Debt Clock.org.
- Remember when George Soros broke the Bank of England in September 1992? “On Black Wednesday, Mr Soros’s bet paid off. In the following days, he unwound his positions, paying back his original borrowings and ending with a profit of around £1 billion.” How ironic that currency speculating profits is the mother’s milk of modern American liberal causes.
- Buy! or was it Sell!?
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