Quote:
Originally posted by Spanky
As Clinton said the most powerful person in the world is the bond market. Clinton sucked up to the bond market when he first got in (making his lament in "All Too Human" that he was an Eisenhauer Republican). The markets gave him the benefit of the doubt, but when he raised taxes and couldn't reign in spending in the "93 deficit reduction act blah blah blah crappity crap crap.
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And like *that*, the constitutional responsibility for doing things like raising taxes switches from Congress to the President. Ladies and gentlemen, that is how it's done.
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“It was fortunate that so few men acted according to moral principle, because it was so easy to get principles wrong, and a determined person acting on mistaken principles could really do some damage." - Larissa MacFarquhar
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