Tuesday, October 15, 2013

POLITICS - The U.S. Financial Hostage Crises, Reverberations Near and Far

As Republicans hold our economy and financial standing hostage to Tea Party (aka bullies) extremist demands......

Message to President Obama, Democrats, and the few Moderate Republicans that may still be left, DO NOT GIVE IN TO HOSTAGE TAKERS!

"Sens. Reid, McConnell both 'optimistic' shutdown deal can be reached" (Part-1) PBS Newshour 10/14/2013

Excerpt

SUMMARY:  Both Senate Majority Leader Harry Reid, D-Nev., and Minority Leader Mitch McConnell, R-Ky., expressed optimism that a deal on the shutdown would be reached by the end of the week.  However, it remained unclear how House Republicans would receive any Senate resolution.  Congressional correspondent Kwame Holman reports.



"What might both parties give up to 'escape' shutdown impasse?" (Part-2) PBS Newshour 10/14/2013

Excerpt

SUMMARY:  Senate leaders showed hope that they might be headed towards an end to the government shutdown, while House remains uneasy about the path forward.  Robert Costa of the National Review joins Gwen Ifill to discuss why a short-term deal may be necessary and what concessions both sides may make to resolve the damaging impasse.



"Impacted U.S. communities pay price of shutdown" PBS Newshour 10/14/2013

Excerpt

SUMMARY:  From local economies dependent on defense spending to tourist hot spots reeling from closures, communities across the nation are feeling the pinch of the government shutdown.  Judy Woodruff gets perspective from Cathy Lewis of WHRV in Hampton Roads, Va., Karen Kasler of Ohio Public Radio and Scott Shafer of KQED in San Francisco.



"Will 'artificially imposed crises' have consequences for U.S. economic standing?" PBS Newshour 10/14/2013

Excerpt

SUMMARY:  As lawmakers show signs of progress towards a deal to end the shutdown and raise the debt ceiling, how are global markets responding?  Ray Suarez gets analysis from Zanny Min-ton Beddoes of The Economist on the effects that repeated political standoffs over may have on U.S. financial credibility.

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