Saturday, May 14, 2011

Steyn: Moving Beyond Decline to Collapse

Mark Steyn's latest syndicated column surveys the 2012 election landscape for clues as to who may able to cope with the present crisis.  In the course of doing so, he makes this obvious point on the current debate regarding the federal debt ceiling,

"In the real world, debt ceilings are determined by the lenders, not the borrower."

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