EYKIW: WE GET A "D" FOR DEFAULT
Thu, 30 Jun 2011 17:47:14
The latest edition of my audio blog-Everything You Know Is Wrong.
Yesterday we learned that 70% of the Republican base is uninspired by the present set of candidates running to represent their party. Today we learn that 70% of Americans polled think that this country is in worse shape than ten years ago-can there be a connection?
The global warming deniers are gathering to do the anti-scientific circle jerk, keynoted by the happy polluter, Sen. Jin Inhofe, the Neanderthal from the Sooner state.
Standard & Poors say they will downgrade our bonds from AAA to D if we default. I wonder if they're still rating those toxic real estate derivatives as AAA?
Italy is sinking to the bottom of the Euro Pool, joining Greece, Portugal, Ireland and Spain.
Don't despair, stem cell research is on the road to wonders, Obama's daughters get their homework finished a day ahead; yes, somehow we're going to get through this together.