Wednesday, July 27, 2011
Here's further proof that nothing terrible will occur on August 2nd.
From Fox Business: "While officials from the Obama Administration raised their rhetoric over the weekend about the possibility of a debt default if the debt ceiling isn't raised, they privately have been telling top executives at major U.S. banks that such an event won’t happen... In a series of phone calls, administration officials have told bankers that the administration will not allow a default to happen even if the debt cap isn't raised by the August 2 date."
What more can really be said?
Complete, total Theatrics and Kabuki.. or Bullshit. Take your pick...
Posted by Susquehanna at Wednesday, July 27, 2011