From the WTF? department:
WASHINGTON -- Senate Minority Leader Mitch McConnell (R-Ky.) floated a novel way out of default Tuesday, suggesting that Congress give up its power to raise the debt ceiling, and instead effectively transfer that authority -- and the political pain that comes with it -- to the White House for the remainder of Obama's current term.
Continue with all the sordid details at the Huffington Post
Great. Congress abdicating more of its authority and responsibility to the president. Just what we need. NOT.
Check it out!
UPDATE: Video is up!
Just saw Alec Baldwin say this about Ron Paul on Twitter.
"Funny. If the GOP nominated Ron Paul, they might have a chance."
You can read the tweet here:
While I am very upset over the congressional news, this put an immediate smile on my face. Ron Paul in 3rd place at 14% and within the sampling error of 2nd place!!!!
I know it's old but in light of recent blue republican activity I thought it was a powerful endorsement for RP given DK's respect within progressive circles.
Now continues Part II of I got rid of the Bachmann ads (Part I)
(Part III: The Benefits of Going Pro on the DP)
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Ron Paul's Texas Straight Talk 7/11/11: Restore Sound, Constitutional Money
Congressman Ron Paul has introduced legislation to restore constitutionally sound money.
100,000 Ron Paul Newspapers to Early Primary States! Get Details!
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At just 6.5 cents per copy to publish, a mere $10 contribution informs over 140 households about Ron Paul and his messages of Liberty!
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By Rep. Ron Paul | The Hill
The end of June marked what is hopefully the end of the Federal Reserve's policy of quantitative easing. For months the Fed has purchased hundreds of billions of dollars of Treasury debt, enabling the government to fund its profligate deficit spending, push the national debt to its limit, and further devalue the dollar. Confidence in the dollar is plummeting, confidence in the euro has been shattered by the European bond crisis, and beleaguered consumers and investors are slowly but surely awakening to the fact that government-issued currencies do not hold their value.
Currency is sound only when it is recognized and accepted as such by individuals, through the actions of the market, without coercion. Throughout history, gold and silver have been the two commodities that have most fully satisfied the requirements of sound money. This is why people around the world are flocking once again to gold and silver as a store of value to replace their rapidly depreciating paper currencies. Even central banks have come to their senses and have begun to stock up on gold once again.
But in our country today, attempting to use gold and silver as money is severely punished, regardless of the fact that it is the only constitutionally-allowed legal tender! In one recent instance, entrepreneurs who attempted to create their own gold and silver currency were convicted by the federal government of "counterfeiting".
Continue reading at The Hill
Ron and Rand Paul Radio Interview on KTRH: Debt talks are the big issue surrounding Capitol Hill and around the country as the winding road of the campaign trail takes a local congressman to Iowa. Houston's Morning News talks with Lake Jackson Congressman and GOP Presidential candidate Ron Paul from the campaign trail and Kentucky Senator and Tea Party favorite Rand Paul.