I find it even more amazing than ever that Paul Ryan was ever taken seriously by the supposed wise men of our culture. Now he's saying "the Wall Street he knows" would be "OK with" a first time in history default on US debt "for a few days."
This man is profoundly, incredibly stupid, clueless, and dangerous. He has absolutely no idea what he's talking about, and he and his mendacious and foolish Repub colleagues are playing with the economic well being of our nation without the mental tools of the average high school senior.
This is getting scary. And once investors, including overseas investors, start getting scared, watch out. Can you spell "I-M-P-L-O-S-I-O-N" ?
18 May 2011
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