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Snag[_4_] Snag[_4_] is offline
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Default Markets fall as GOP blocks Debt Ceiling Bill

Karl Townsend wrote:
On Thu, 2 Jun 2011 07:12:09 -0400, "Ed Huntress"
wrote:


"ATP" wrote in message
...

"Wes" wrote in message
...
Hawke wrote:

Last night the republicans defeated a "clean" bill to raise the
debt ceiling. Today the stock market took a 250 point drop. Last
time the republicans failed to act on a similar bill the market
dropped 500 points before they changed their minds and passed the
bill.


40% of the democrats voted with the republicans. What's wrong
with that. That shows a
bit of bipartisanism.

Wes
--

More likely it is politically expedient for them, they know it will
be used against them in the next election if they vote to raise the
debt limit.


That's what it was all about. The Republicans are trying to force a
vote in favor of Ryan's plan by way of budget posturing, just like
the Democrats did with the forced vote for the plan itself.

It's pure gamesmanship on both sides.


AND, unfortunately, both parties find gamesmanship more important than
working together to solve a crisis sized problem.

Karl


DING DING DING give that man a prize off the top shelf !!

Likely to be a bit dusty , we don't give out a lotta these !
--
Snag
Learning keeps
you young !