“Then Democrats would have no choice but to pass a balanced-budget amendment and reform entitlements, and the Tea Party Hobbits could return to Middle Earth having defeated Mordor.”
- McCain going maverick on his own party.
Just read a very interesting quote from a on the debt crisis. I think it was unintentionally funny, to say the least. [more]
Is it me or is the Republican and Democrat handling of this potential default crisis reminiscent of the brinksmanship tactics employed by the Soviet Union and the U.S. during the cold war?
Today a report by "60 Minutes" aired on CNBC concerning global business caught my eye; a section of it was devoted to documenting the rise of Chinese sovereign wealth funds such as the China Investment Corporation in the U.S. business sectors. It talked about the general atmosphere of apprehension and suspicion the Chinese "interference" with our domestic affairs has been greeted with. There is an interesting point to be brought up concerning this fear that Chinese involvement could destabilize our economy and increase Chinese leverage along with our foreign dependency. [more]