Under Reagan it was raised 18 times.

Today;
THE YEN SURGES and the dollar falls.

Who is seriously hurt by this already?
Japan.

Today more dollars will be chasing the Yen.
In DC the symbolic kabuki performances continue.


The real deadline was in May yet tea types question the Aug 2 validity as a dealine.


Senator McCain came back to life yesterday and said on the floor of the Senate that the 6th month old Republican House members are BIZZARO ! He went futher to say that, "these new members are so misinformed that they believe that when Sen Reid TABLED the house bill which included changing the COnstitution of the United States of America, that tea partiers believe that means they can now ammend the bill and get it passed. That is unfair, that is not true, that is not reality"

One really dumb house repub said "I will never vote to raise the debt ceiling, I, uh, want to lower it"




I was thinking that House leader Boehner should invite the tea party members to a dinner at the Four Seasons, sneak out the back door and have a waiting quorum of the house to pass the usual one page debt ceiling increase bill and give it to the Senate and signed by Obama in 15 minutes, enough time to get back to the dinner and have dessert with the Tea Party Congressmen.