Thursday, June 2, 2011

Quote of the Day

“The full consequences of a default — or even the serious prospect of default — by the United States are impossible to predict and awesome to contemplate. Denigration of the full faith and credit of the United States would have substantial effects on the domestic financial markets and the value of the dollar.” -- President St. Ronnie of Hollywood in 1983, on the raising of the debt ceiling. Goes to show how very far to the right the modern Rethuglican / New Confederate Party has drifted. Washington Monthly has a good article on the latest Rethuglican hostage taking.