The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

Boehner Debt-Ceiling Bill Barely Passes House 218-210; 22 GOP ‘No’ Votes

We’ll have the roll-call and other news momentarily. UPDATE: New York Times: The House of Representatives on Friday approved a plan for a short-term increase in the debt ceiling and cuts in spending, ending a week of intense fighting among Republicans and shifting the end game of the debate to the Senate. The vote was […]

Pete Wins the $10. I Blame Soros.

The Dow Jones Industrial Average failed to drop by the 200 points I’d predicted. It was down badly, off 96.87 to close at 12,143.24, but that wasn’t enough to win my $10 bet against Pete Da Tech Guy, so I’ve already paid off. It’s obvious to me that George Soros manipulated the market today just to […]

Obama Speaks, Markets Fall

Before President Obama’s speech, the Dow Jones Industrial Average was down 90 points. Now — as of 10:45 a.m. ET — it’s down 110 points. Why? Because he used his speech for a partisan hit on the GOP as offering a bill that “does not solve the problem” and can’t pass Harry Reid’s Democrat-controlled Senate. […]

BLACK FRIDAY? Betting Market Reaction to Failure of Boehner’s Debt-Ceiling Bill

Drudge Report headlines: Boehner Delays Vote on Debt… Limbaugh: We’ve Been Played… GALLUP: Obama Rates Higher Than Boehner, Reid on Debt Situation! Ron Paul: ‘Default Is Coming’… Treasury Contingency Plan on Debt Gives Priority to Bondholders… Carney: If We Have No Other Alternative We Will ‘Take Action’… Obama faces legal bind if time runs out… […]

LATEST: BOEHNER CANCELS VOTE! EARLIER: Pizza Delivery to Boehner’s Office Could Signal an All-Nighter UPDATE: Boehner Yanks Debt-Ceiling Bill at Last Minute! Vote Postponed UPDATE: Sarah Palin Sends Cryptic Message to Republican Freshmen UPDATE: Boehner Now 2 Votes Short?

UPDATE 10:33 p.m. ET: NO VOTE TONIGHT! Boehner couldn’t get enough Republican votes to pass the bill. UPDATE 10:39 p.m. ET: Chad Pegram of Fox News got the word from GOP Whip Kevin McCarthy at 10:24 p.m. ET. UPDATE 10:47 p.m. ET: The Hill: House Republican leaders have postponed indefinitely a vote on Speaker John […]

House Will Vote Today on Revamped Debt-Ceiling Bill; Senate Dems Say ‘No’

Despite the fact that 53 Senate Democrats have signed a letter vowing to vote against it, John Boehner is pushing ahead to bring his budget bill to a vote today in the House of Representatives: The new measure depends on caps on agency budgets to cut more than $900 billion from the deficit over the […]

Dear Rich Liberals …

. . . given that you keep demanding higher taxes to deal with the debt-ceiling crisis, Don Surber offers this helpful suggestion: Write a big fat check to the Treasury and mail the check to: Bureau of the Public Debt P. O. Box 2188 Parkersburg, WV 26106-2188 This money will be used to pay down […]

Hey, If You Listened to Glenn Beck …

. . . and bought gold when it was still trading under $1,200 an ounce, you may be asking yourself now: “Should I sell at $1,600+ and cash out the 33% profit I’ve made in the past 14 months?” If you’re in such a mood, Adrian Ash at Forbes says, “Buy real estate!” After this […]

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