Articles Prospect.org Good News About the Debt Ceiling May Mean Bad News About the Shut-Down
John Boehner apparently will let the debt ceiling rise, even if he has to rely on Democratic votes to do it. This is both good news and bad news.
It’s good news because we won’t have a global financial panic in two weeks time. Boehner apparently got Wall Street’s message loud and clear: If you make the United States government default on its debts, you take responsibility for a worldwide economic catastrophe.
In September, 2009 Atlantic Monthly named Harold Meyerson one of 50 Most Influential Columnists. Calling its list “its all-star team,” Atlantic Monthly’s Top 50 are the most influential commentators in the nation – the columnists and bloggers and broadcast pundits who shape the national debates. Harold Meyerson is honored to be in their midst.
David Sirota's new book, "Hostile Takeover"
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Listen to Harold Meyerson every other week on Jon Weiner’s 4 O’clock Show on KPFK and KCRW
