So - the Middle East bourses (Kuwait, Saudi Arabia, Bahrein) are down over 5% today. This is the second time in four years that US financial and fiscal irresponsibility is wacking the world economy.

The GOP should be renamed the Know Nothing Party - their brinkmanship regarding tax increases (NO NEW TAXES!!!) can be described as stupid, dishonest, corrupt, uneducated, irresponsible - pick an adjective, pick all of 'em, they all apply.

So I was wondering how the Republican Party would explain the damage they have done - silly me, I should have expected this: it's all Obama's fault!

PS - Carl Rove is at it again - a new series of TV commercials, placing the responsibility of the debt on Obama's shoulders, notwithstanding the FACT that of the B$14 total debt, B$6 was incurred under Dubbya's administration (2 wars, a disasterous drug plan, tax cuts for the rich).

As the song says, God bless America, she'll need it!