The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

BLACK FRIDAY? Betting Market Reaction to Failure of Boehner’s Debt-Ceiling Bill

Drudge Report headlines: Boehner Delays Vote on Debt… Limbaugh: We’ve Been Played… GALLUP: Obama Rates Higher Than Boehner, Reid on Debt Situation! Ron Paul: ‘Default Is Coming’… Treasury Contingency Plan on Debt Gives Priority to Bondholders… Carney: If We Have No Other Alternative We Will ‘Take Action’… Obama faces legal bind if time runs out… […]

LATEST: BOEHNER CANCELS VOTE! EARLIER: Pizza Delivery to Boehner’s Office Could Signal an All-Nighter UPDATE: Boehner Yanks Debt-Ceiling Bill at Last Minute! Vote Postponed UPDATE: Sarah Palin Sends Cryptic Message to Republican Freshmen UPDATE: Boehner Now 2 Votes Short?

UPDATE 10:33 p.m. ET: NO VOTE TONIGHT! Boehner couldn’t get enough Republican votes to pass the bill. UPDATE 10:39 p.m. ET: Chad Pegram of Fox News got the word from GOP Whip Kevin McCarthy at 10:24 p.m. ET. UPDATE 10:47 p.m. ET: The Hill: House Republican leaders have postponed indefinitely a vote on Speaker John […]

House Will Vote Today on Revamped Debt-Ceiling Bill; Senate Dems Say ‘No’

Despite the fact that 53 Senate Democrats have signed a letter vowing to vote against it, John Boehner is pushing ahead to bring his budget bill to a vote today in the House of Representatives: The new measure depends on caps on agency budgets to cut more than $900 billion from the deficit over the […]

Dear Rich Liberals …

. . . given that you keep demanding higher taxes to deal with the debt-ceiling crisis, Don Surber offers this helpful suggestion: Write a big fat check to the Treasury and mail the check to: Bureau of the Public Debt P. O. Box 2188 Parkersburg, WV 26106-2188 This money will be used to pay down […]

Hey, If You Listened to Glenn Beck …

. . . and bought gold when it was still trading under $1,200 an ounce, you may be asking yourself now: “Should I sell at $1,600+ and cash out the 33% profit I’ve made in the past 14 months?” If you’re in such a mood, Adrian Ash at Forbes says, “Buy real estate!” After this […]

‘F*** JOHN McCAIN!’

That was the complete text of a Twitter message — except I spelled out the first word — I sent when I heard about this: Mr. McCain mocked Tea Party-allied Republicans in the House for believing — wrongly, he said — that President Obama and Democrats will get the blame for a default if Republicans […]

Nancy Pelosi’s Class-Warfare Rant: ‘We Get the Sacrifice, They Share the Wealth’

San Francisco multi-millionaire populism: “The budget deficit is an excuse for the Republicans to undermine government plain and simple. They don’t just want to make cuts, they want to destroy. They want to destroy food safety, clean air, clean water, the department of education. They want to destroy your rights. . . . “[House Speaker […]

Obama Kabuki Wrecking Your 401(k)

Let’s see: Dow Jones Industrial Average dropped another 91 points Tuesday, down to 12,501.30, having lost 223 points in the past three sessions. If stocks are down, then bonds are up, right? Nope: Treasuries fell [Tuesday], eroding a gain from [Monday], as President Barack Obama threatened to veto House Speaker John Boehner’s plan to raise […]

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