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Thursday, July 14, 2011

Mike Klonsky's SmallTalk Blog: Barack, the great triangulator

Mike Klonsky's SmallTalk Blog: Barack, the great triangulator

Barack, the great triangulator

I think Obama may have just just sewn up the 2012 election. The big boys from Wall Street finally had enough political posturing and made it clear that they wouldn't tolerate a default by the U.S. on its debt. The GOP loonies have self-destructed over taxes. Social Security, Medicade and Medicare may be safe for a while, even though Obama threw them onto the table, knowing that the T-Party crazies would not allow Boehner to cut a deal that included a tax increase for millionaires and billionaires. Hail Barack, the great