would have constructed given the wherewithal to do so, but in the final analysis i had to ask myself a day before the august 2nd deadline, was i willing to let the country veer into the area of the unknown, and i was not. i have been criticized for that, and maybe rightfully so, because standard & poor s pushed us into that area of the unknown with the debt downgrade, and the fact of the matter is that know one knew what a downgrade would do, and it is not the president s downgrade or the tea party s downgrade, but america s downgrade. that is a place i did not want to go, and we unfortunately went there anyway and now left for the consequences. sure it is important for the united states congress to get back to washington. we are hearing talk about all of the money that could be repatriated to the country, if there were a change in the tax law or perhaps a moratorium for
ceiling. it is easy to see how congress has such good approval rating. obviously we have a few days away from the august 2nd deadline. and now to the rest of the headlines, but, first, this is serious business, folks, this could be a major thing. obviously what will happen with the markets when they open on monday is the question. or sunday afternoon when we see the asian markets. fewer than 96 hours left. dave: and you want to know why someone voted no, in the house of representatives, a republicans, coming up in eight minutes. headlines. outburst in court from the accused attempted massacre in ft. hood referencing the shooting spree that left 13
with phony cuts that don t deal with 10 or trillions new debt. that is the reason you are seeing the sell off on american stockings. isn t that what we learned in third grade. with regard to our retirement accounts. they are cracking hethose babis and what happened last quarter with my money what should we do if anything at the beginning of next week? wait it out. don t panic is the question. there is not going to be a default on the debt. i said it for the last month. there will be no default on u.s. treasury secretaries and people shouldn t feel panicked and even if we go past the august 2nd deadline. the grid lock will be broken in a couple of days is more melodrama than the drama. the outcome will be, speaker boehner and the president will
second raising of the debt ceiling. it is easy to see how congress has such good approval rating. obviously we have a few days away from the august 2nd deadline. and now to the rest of the headlines, but, first, this is serious business, folks, this could be a major thing. obviously what will happen with the markets when they open on monday is the question. or sunday afternoon when we see the asian markets. fewer than 96 hours left. dave: and you want to know why someone voted no, in the house of representatives, a republicans, coming up in eight minutes. headlines. outburst in court from the accused attempted massacre in
we love having you here. good luck. i thank all of you. appreciate what you are doing. great guy. i love to hear how he and mark kirk, a republican from illinois are getting together and talking. good. i tell you, that guy is a winner. yeah. he s a winner. he s the governor. a legislature. he knows what it takes. put your hands on power and get things done on a daily basis. your question was interesting, i thought. the august 2nd deadline, is it a crisis, not a crisis. yeah. i was talking to a wall street person yesterday saying the august 2nd deadline is real. the content is crisis but it s already happened. it s already happened within the business community and the country with 9.2% unemployment. the last five or six weeks, the way it s played out, it s added to the uncertainty of what they can do, how long it will be before they can hire because