One thing we can all agree upon is that the debt-ceiling stand-off in Washington is a totally manufactured “crisis”. It is a financial crisis of choice. If I was a little more cynical and Machiavellian, I would think they were trying to distract us away from a real financial crisis.
In fact, there is a real financial crisis happening in Europe. Until a week ago it was all over the front pages – Greece’s default.
Perhaps you heard something about a bailout of Greece. That news came out right about the time that Greece dropped from the headlines.
Problem solved, right?