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2 posts

Impeachment for Default? Louie Gohmert Is Half Right and Completely Wrong

On Sunday, Representative Louie Gohmert (R-TX) spoke with a reporter for The Young Turks. The reporter asked “Would you allow us to default on our debt?” and Gohmert replied “No, that would be an impeachable offense by the President.”

Gohmert is half right. Unfortunately for him, it’s not the half he thinks is right. Continue reading

Will Greece Default? Find Out at 3 PM EST – Updated

So. It has come to this.

Plan after plan after plan has gone by the wayside, as has a Prime Minister, and there has been no resolution to Greece’s massive sovereign debt problem.  Now Greece is quite simply out of time.  After months of hysteria, we have quietly reached the edge.  It’s not the end of the Eurozone, but you can see it from here. Continue reading