Tag Archives: debt ceiling

The Debt Deal: Pros and Cons

Now that the House “approved a budget agreement intended to head off a potential government default” 269 to 161, and that the Senate will likely pass the bill tomorrow, the crisis has ended exactly how the bond market predicted it would: … Continue reading

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Posted in Business, Defense, Finance and Economics, Healthcare, Media, Policy, Politics, Social Security, Taxes | Tagged , , , , , , , , , , , , | 10 Comments

Not Paying Military If There Is No Debt Deal Is a Bad Idea

I’m getting a sense of deja vu reading Chairman of the Joint Chiefs of Staff Admiral Mike Mullen’s comments on whether or not military servicemembers will receive their paychecks in the event that Congress cannot reach a deal to raise the country’s debt … Continue reading

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Posted in Defense, Finance and Economics, International Security, Media, Policy, Politics, Taxes | Tagged , , , , | Leave a comment

The Debt Ceiling and Our Urge to Destroy Ourselves

As a kid growing up on the Gulf Coast the annual hurricane watch was a terrifying treat.  We were supposed to want the big storms to miss us, but we were disappointed when they did.  The old-timers told us stories … Continue reading

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Posted in Business, Finance and Economics, Media, Policy, Politics, Predictions, Taxes | Tagged , , , , , | 21 Comments

Raise My Taxes, but First…

Right from the beginning, I’ll be clear how I feel about the debt ceiling negotiations.  I’m ready to write a check to help fix America’s financial problems.  That’s right, I’ll do it, but… Some of my more zealously Republican readers might … Continue reading

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Posted in Finance and Economics, Media, Policy, Politics, Taxes | Tagged , , , , , , , , , , | 1 Comment