June 15th, 2011
Alan Simpson: President Obama is poisoning the well
On “In the Arena,” fiscal commission co-chair Alan Simpson says if Congress can’t compromise on the debt-ceiling, members should go home.
Simpson says, “Something will happen that Bachmann doesn’t understand. It’s called bondholders who have sheets of our paper and say I want some money for the paper, you jerks haven’t done anything, and I want some money for the paper.”