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Archive for April 13th, 2011

Boehner the Bluffer (Photo: Speaker's office)

Report: Wall Street execs warn Boehner on debt ceiling brinksmanship

by Jed Lewison for Daily Kos

Wed Apr 13, 2011 at 12:40 PM EDT

Politico:

Republicans are growing increasingly concerned about the impact a bruising fight over raising the nation’s $14.29 trillion debt ceiling could have on U.S. financial markets.House Speaker John Boehner (R-Ohio) has had conversations with top Wall Street executives, asking how close Congress could push to the debt limit deadline without sending interests rates soaring and causing stock prices to go lower, people familiar with the matter said. Boehner spokesman Michael Steel said Tuesday night that he was not aware of any such conversations.

Republicans are busily making a long list of absurd demands in exchange for raising the debt-limit ceiling, but they are running a bluff. There’s not a chance in hell they will block an increase in the debt limit. They might demand a bipartisan vote, and in divided government, that’s both reasonable and with precedent, but anyone who thinks GOP leadership will actually block an increase in the debt limit—or that Democrats need to make any concessions beyond being willing to join the GOP in voting for the debt limit increase—is absolutely out of their gourd.

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Lady Gaga – Bad Romance

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Pakistan demands U.S. cut drone strikes, CIA agents

By Agence France-Presse via: Raw Story
Tuesday, April 12th, 2011 — 10:41 am

WASHINGTON — Pakistan has told the United States to sharply cut the number of CIA agents and special forces operating there, and to rein in drone strikes against militants, a US newspaper said Monday.

The New York Times said the order highlighted the near collapse of US-Pakistani cooperation, the result of a row that erupted when CIA officer Raymond Davis shot and killed two men who tried to rob him in January.

The authorities in Islamabad were asking a total of about 335 CIA officers, contractors and special operations forces to leave the country, according to a Pakistani official involved in the decision who was quoted by the daily.

Pakistan’s army chief General Ashfaq Kayani personally ordered the reductions, it added, citing unnamed US and Pakistani officials.

The news came as Lieutenant General Ahmad Shuja Pasha, the chief of Inter-Services Intelligence (ISI), Pakistan’s powerful military spy agency, met in Washington with Leon Panetta, director of the Central Intelligence Agency.

George Little, a CIA spokesman, told AFP the talks were productive and that relations between the agency and the ISI remained on a “solid footing.”

The Pakistani official involved in the decision to cut back the US presence told the newspaper that Pakistan suspects that what Washington really wants to do is to neutralize the Muslim country’s nuclear arsenal.

MORE HERE

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