TPM Reader DW on the need for a grand bargain …

I agree with Obama that a big fiscal taxes and spending deal that puts in place an actual budget blue print for 10 years is critically important. The amount of cash sitting on corporate balance sheets is staggering (and unprecedented), and the uncertainty in Federal budgeting as we jump from crisis to crisis is strangling the economy of life. It’s said so often now, its become a cliché, but the economy needs the kind of certainly that only a long term blue print of taxes and spending can provide. Corporations need to know where to put their money and, just as importantly, where not too. They can’t know this until such a blue-print is in place.

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Remembering the assassination of Martin Luther King, 45 years ago this week.

NASA is planning to lasso an asteroid and bring it close to Earth for astronauts to explore.

ALMATY, Kazakhstan (AP) — The EU’s foreign policy chief says that nuclear talks between Iran and six world powers have failed to reach an agreement.

Catherine Ashton said Saturday that the talks revealed that “the two sides remain far apart on substance.”