kind of love, but it s not half bad. the president has the power to raise the debt ceiling in order to pay for the things that congress has already agreed to pay for, and if congress wants to stop it, they need a two-thirds majority to do it. i am generally pretty wary of increases in congressional authority and decreases in oversight, but in the case of the debt ceiling, there s just no argument for it. the money has already been spent. congress has already spent it. it s just a matter of whether or not you pay the bills. and if all else fails, president obama and tim geithner should start deciding whose that is they want to put on the new $1 trillion coin. i vote for john boehner. eams. one is for a clean, domestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we re committed to safely and re
he said he was appalled at the self-interested politicians he says were all over the place. just appalled. i m sure politics and self-interest in the same place. if your irony meter just broke, it is because it appears the same sheldon adelson who says he rejected democratic politics because of self-interested politicians has become the single biggest donor in republican politics because of, yes, interest. for instance, mr. adelson s casino company is under investigation by the justice department for possible violations of the foreign corrupt practices act. the justice department, of course, is led by an attorney general, chosen by the president, in this case, the same president obama who mr. adelson just spent so much money trying to defeat. mr. adelson s company denies any wrongdoing. and as a very rich man, mr. adelson stands to pay a whole, whole lot more in taxes now that mr. obama has won a second term. and mr. adelson says he intends to double his spending on conservative cause
the public posturing continued into the night last night. but now as congress prepares to work through the weekend and those backroom negotiations continue at a furious pace. despite this bipartisan support for the deal, it s a deal nobody wants to take credit for. reporter: president obama today didn t praise the deal, only expressed relief. all eyes will be on the stock market tomorrow, after the s&p s announcement friday night of the unprecedented downgrade of america s credit rating. stocks plummeted overnight in asia, europe is following suit this morning, as fear dominates wall street. now the focus turns to the fed, and investors are hoping for some good news later today, after suffering the worst day in two years. credit rating agency basically said, we no longer have faith in you, the united states government, because we no longer believe your political system is capable of basic รง competence. the basic competence necessary to pay your bills. that republican-made
trillion-dollar coin idea that i kind of love, but it s not half bad. the president has the power to raise the debt ceiling in order to pay for the things that congress has already agreed to pay for, and if congress wants to stop it, they need a two-thirds majority to do it. i am generally pretty wary of increases in congressional authority and decreases in overnight, but in the case of the debt ceiling, there s just no argument for it. the money has already been spent. congress has already spent it. it s just a matter of whether or not you pay the bills. and if all else fails, president obama and tim geithner should start deciding whose that is they want to put on the new $1 trillion coin. i vote for john boehner. d spende on the slopes. take alka-seltzer plus cold & cough. [ buzz! ] take dayquil. use nyquil d. [ ding! ] .and get longer nighttime cough relief. use tylenol cold multisymptom nighttime. [ coughs ] [ buzz! ] [ screams ] .and you could find yourself.
bills and risk default. the public posturing continued into the night last night. but now as congress prepares to work through the weekend and those backroom negotiations continue at a furious pace. despite this bipartisan support for the deal, it s a deal nobody wants to take credit for. reporter: president obama today didn t praise the deal, only expressed relief. all eyes will be on the stock market tomorrow, after the s&p s announcement friday night of the unprecedented downgrade of america s credit rating. stocks plummeted overnight in asia, europe is following suit this morning, as fear dominates wall street. now the focus turns to the fed, and investors are hoping for some good news later today, after suffering the worst day in two years. credit rating agency basically said, we no longer have faith in you, the united states government, because we no longer believe your political system is capable of basic competence. the basic competence necessary to pay your bills.