• If US makes small hike in debt ceiling, would only delay possible downgrade
  • US inability to reach budget agreement now may be an indication that a final agreement won’t be meaningful

These folks just ain’t very bright, are they? They have also obviously never negotiated anyhting other than their miserable salaries…

Serious negotiations often go until the 11-th hour and sometimes beyond. All indications coming out of Washington are that there are very substantive talks going on, including mega-issues like entitlement reform.

Moody’s would like it all now in a neat, tidy package so they can go to ther shred summer rental on the Jersey shore…

Sorry kids. You may need to stick around for a few weeks, but hopefully it’s worth it…