Krugman: OK, we are a banana republic

[avaistheone1]

House votes no. Rex Nutting has the best line: House to Wall Street: Drop Dead. He also correctly places the blame and/or credit with House Republicans. For reasons I’ve already explained, I don’t think the Dem leadership was in a position to craft a bill that would have achieved overwhelming Democratic support, so make or break was whether enough GOPers would sign on. They didn’t.

I assume Pelosi calls a new vote; but if it fails, then what? I guess write a bill that is actually, you know, a good plan, and try to pass it — though politically it might not make sense to try until after the election.

For now, I’m just going to quote myself:

So what we now have is non-functional government in the face of a major crisis, because Congress includes a quorum of crazies and nobody trusts the White House an inch.
As a friend said last night, we’ve become a banana republic with nukes.

http://krugman.blogs.nytimes.com/2008/09/29/ok-we-are-a-banana-republic/

[lisa58]

1. He is the Professor

[C_U_L8R]

2. Elect monkey

get banana

[SammyWinstonJack]

3. With bananas you get nukes. Bananas for nukes. Will work for bananas and nukes.

:silly:

[avaistheone1]

5. We traded mangoes for nukes with India, so that might work

Bananas for nukes, bananas for nukes.

[SammyWinstonJack]

6. Oh yeah I forgot george did trade mangos for nukes. This might work for him.

[dkofos]

4. We have been since the chimp took over!!