A Teaching Moment

It’s interesting that the Obama administration seems totally intent on taking the debt ceiling bomb away from Congress. What I like about that is that it is a lesson for America about how incredibly irresponsible the Republicans were when they caused a downgrade in the nation’s credit rating. I know this is almost infinitely easier to do at the end of his first term than at the beginning, but this is exactly the lesson I wanted America to learn about torturing people and starting wars based on stove-piped intelligence. I also think America could have used a lesson on how criminally greedy the Wall Street assholes were who gave us the housing bubble based on the total destruction of sound mortgage credit. I don’t want to harp on the past, but sometimes it pays to make the effort to define certain behaviors as clearly beyond the pale of all acceptable civilized behavior. We missed some key chances to do that, but I am glad we’re taking the time now to make the point on the debt ceiling.