08.01.11 | 5:24 am
Grover’s on Board

John Boehner has the support of Grover Norquist in selling his deal with the White House.

08.01.11 | 5:11 am
Waking Up With A Horse’s Head In Your Bed

We all remember that classic scene from The Godfather where the movie producer Jack Woltz wakes up with a horse’s head in his bed. You’ll recall that he’d been holding out on casting the Godfather’s favored actor in a plum role, and – basically – thought these Mafioso guys were only playing around.

Reader TT has been reading the novel lately and thinks Mario Puzo’s description of Woltz’s ensuing panic oddly parallels that of the Democratic debt negotiators when they realized the Tea Party idealogues really were willing to risk default. The passage is below the fold. Read More

07.31.11 | 5:13 pm
Waiting To Exhale

For those holding their breath over the debt crisis, Sunday night brought some positive news.

Around 8:30pm the chief Senate Democrat Harry Reid and his Republican counterpart Mitch McConnell hit the chamber floor to announce they had reached a deal in principle. Now they just need to sell it to their members. The Senate is due to reconvene at 10:30am Monday with a view to taking a vote in the following hours.

But don’t let out that sigh of relief just yet. Here’s why: Read More