Wednesday, July 6, 2011

The Debt Limit

I found what Ronald Reagan had to say about the debt limit very instructive on how ridiculous the GOP has become:




"This letter is to ask for your help and support, and that of your colleagues, in the passage of an increase in the limit on the public debt...The full consequences of a default - or even the serious prospect of a default - by the United States are impossible to predict and awesome to contemplate."


Read it all here: Washington Post.


The man he was writing the letter to, Majority Leader Howard H. Baker, has a very cool Wikipedia article: Howard Baker

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