Thank God for the Republican Party

The vote to raise the US debt ceiling has passed the house. From Zero Hedge:

As we noted earlier, the bill – which as discussed here does not cut real Federal spending even in year one despite widespread propaganda that In exchange for Republican votes for the suspension, Democrats agreed to cap federal spending for the next two years – would set the course for federal spending for the next two years and suspend the debt ceiling until Jan. 1, 2025 — postponing another clash over borrowing until after the presidential election. By then total US debt will be $35 trillion and well on its way to unsustainability.

A Tribute to the Smartest and Most Competent World Leaders

With the western world on the brink of economic collapse and nuclear war, we at least have the assurance of being led by very intelligent and qualified people who earned their positions of power through decades of hard, honest work. Let’s take a moment of our weekend to review the most powerful people in the world, and their great contributions to world security and prosperity.