At least the Clinton people used to pay attention to the bond market. James Carville was genuinely respectful of the power of the bond market.
If anyone was paying attention to the bond market on capital hill, they'd see it doesn't like the porkulus bill.
Volker is about ready to quit, as he's being completely shut out by Larry Summers.
The whole thing is just a little out of control. Rahm, Summers, and a few others are not going to last long, IMO.
Sorry for the political retort, but this crap is screwing with the T-bill market.
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