Occasional blogging, mostly of the long-form variety.

Wednesday, July 20, 2011

The Onion on the Debt Ceiling

It's sad that satirical site The Onion is so much more incisive and honest than most of the national press corps on the ridiculous debt ceiling hostage situation:

"It is a question that, I think, is worthy of serious consideration: Should we take steps to avoid a crippling, decades-long depression that would lead to disastrous consequences on a worldwide scale? Or should we not do that?" asked House Majority Leader Eric Cantor (R-VA), adding that arguments could be made for both sides, and that the debate over ensuring America’s financial solvency versus allowing the nation to default on its debt—which would torpedo stock markets, cause mortgage and interests rates to skyrocket, and decimate the value of the U.S. dollar—is “certainly a conversation worth having.”

Yes, both sides have valid points, and both sides are equally to blame, regardless of the facts. It's a very short piece, but do go over and read the rest. It's got a great last line.

1 comment:

Comrade PhysioProf said...

Yeah, I loved that last line! It so totally captured Obama's rhetorical style.