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Whalen endorses debt ceiling/balanced budget

“…a debt default by the US would end the pretense of “too big to fail.” The US Congress needs to vote no on the debt ceiling increase as part of a larger shift in thinking on debt and spending in Congress. Americans need to take a page from the history books and begin the actual process of default on all manner of debt and entitlements obligations…”

Why Congress should vote no on raising the debt ceiling

“With Timothy Geithner at Treasury and former JPMorgan banker William Daley at the White House, the only decision Obama needs to make every day is what shirt to wear.” (LOL)

http://blogs.reuters.com/christopher-whalen/2011/04/13/why-congress-should-vote-
no-on-raising-the-debt-ceiling/

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