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Politics : President Barack Obama
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To: Wharf Rat who wrote (136119)8/23/2013 7:30:32 AM
From: Metacomet  Read Replies (1) of 149317
 
“these Treasury bonds are backed by the full faith and credit of the U.S. government in the same way that all other U.S. Treasury bonds are, making them anything but ‘worthless IOUs’ as Krauthammer suggests....

There is the problem that the full faith and credit of the US is still subject to the irrational behavior of Krauthammer's cohorts in the House

It may be that this historic standard may soon be worthless as mm suggests

..but that is the same hostage logic as Sheriff Bart employs here, which is so very typical of current GOP mentality ..



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