Debbie Wasserman Schultz (D-NY) says that the Debtocrats have ownership now of this US economy. Thank you, Ms. Wasserman Obvious.
She also says that the recovery is underway. Really now, Debbie.
James Carville has warned that if the US economy doesn’t improve soon that there will be civil unrest in these United States.
He could be right.
Greek Prime Minister Georgios A. Papandreou knows something of civil unrest.
Greek police clashed with anti-austerity protesters near parliament, and unions held a general strike.
Mr Papandreou is seeking to push through a new austerity program of 28bn euros in cuts to take effect from 2012 to 2015.
In order to avoid default, the government is trying to pass the measures by the end of the month and secure the release of 12bn euros in aid from the European Union (EU) and the International Monetary Fund (IMF).
The impact of the chaotic scenes in Greece could be seen in international financial markets, with yields on Greece’s 10-year bonds reaching a record high of 18.4%.
Meanwhile Geithner, Bernanke and Owebama want to increase the US debt ceiling.
James, would you call the president and tell him that “it’s the economy, stupid”?Just leave a message, he’ll return your call after he gets off the golf course.
