The pseudonym "Philo Vaihinger" has been abandoned. All posts have been and are written by me, Joseph Auclair.

Friday, April 24, 2020

Cuomo to McConnell: Pass that bill. I dare you.

Noting it would require passage of a federal law to allow states to declare bankruptcy, that no such thing had ever happened in American history, and that it would be a clear signal to the markets and to the world that the US is in absolutely awful trouble, Cuomo dared McConnell to put such a bill on The Boob's desk and tell him to sign it.

He repeatedly dared him to do it.

Yesterday he pointed out that states taking this advice would wreak havoc with bond markets and leave hell to pay for future state efforts to borrow.

MSNBC just now.

No comments:

Post a Comment