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Stop the Kabuki: It's About “the Great Betrayal”

Body: MSNBC continues on with its campaign to cast the Tea Party Republicans in the role of principal villains in the imminent Government budget/ government shutdown crisis and the likely coming debt...

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Stop “the Great Betrayal:” Kabuki Update

Body: It now looks like the big media and leaders in both parties are no longer focusing on the Government Shutdown crisis, but are now moving on to the notion that the shutdown is melding with the...

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Rationalization and Obligation, Part I: No Magic Bullets?

Body: The media and politicians in both parties are still largely echoing the Administration's framing of the fiscal situation and absolving the President of his share of the blame for the debt limit...

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Rationalization and Obligation, Part II: Coins, the 14th, and Consols

Body: This six-part series is a reply to the President's glossing over the options open to him apart from playing “chicken” with the Republicans over the debt ceiling. Part I, presented the President's...

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Rationalization and Obligation, Part III: Premium Bonds, and Asset Sales

Body: In Part I of this six-part series I presented the President's explanation of why he can't use alternative options for coping with the default threat arising out of refusal to raise the debt...

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Rationalization and Obligation, Part IV: Differences Among Options

Body: In Part I,Part II, and Part III, I listed and analyzed seven options, analyzed them and also pointed out that the President's 14th amendment option, actually makes turning to the 14th as a...

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Rationalization and Obligation, Part V: Differences Are Everything

Body: By Joe FirestoneThis is Part V of a six part series replying to a claim by the President at his recent White House News Conference.Part I covered the News Conference and the first two (the...

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Rationalization and Obligation, Part VI: What He Ought to Do, What He...

Body: By Joe FirestoneThis is Part VI of a six part series replying to a claim by the President at his recent White House News Conference.Part I covered the News Conference and the first two (the...

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Off the Debt Limit Hook for at Least the Next Four Months

Body: Provided that the Senate and House follow through on the scenario now on the table, it looks like the game of chicken worked for the Democrats this time. We're off the hook on default and...

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