Posted on | March 7, 2011 | No Comments
I got a call from Jenny Beth Martin, one of two founders of the Tea Party Patriots and was cross connected to a conference call in regards to continued resolution in Congress, Obamacare and Wisconsin negotiations. Several officials: Congressmen, LT Gov of WI and others provided reports. Most of it is what we heard in the media. One issue, that was not widely reported, is the Full Faith and Credit bill, proposed by Congressman McClintock in CA and Senator Toomey on the Senate side. The essence is that our debt servicing obligations will be paid by the US gov first, which means that Obama’s threats that our credit rating will drop and interest in borrowing will sky rocket, were just a bluff.