Debt Archive
UPDATE: The House stenographer who erupted into a verbal tirade against members of Congress in the midst of the vote to reopen the government and raise the debt ceiling said the “holy spirit” told her to do it. “For the past 2 and 1/2 weeks, the
President Obama promotes the myth that everyone must go to college. That if you don’t go, your life will be ruined — that you will end up waiting tables, or trapped in some other mundane occupation. The truth is, even with a college degree,
Ratings firm Egan-Jones cut its credit rating on the U.S. government to “AA-” from “AA,” citing its opinion that quantitative easing from the Federal Reserve would hurt the U.S. economy and the country’s credit quality. From the ratings company’s Wikipedia entry: Egan-Jones Ratings Company,