Tag Archives: US Debt crisis

Opinion: God Bless America?

Well, you have to hand it to our American cousins. They can certainly do theatrics. The solving of the (self-inflicted) debt crisis has been a real nail-biter. At the tenth hour last night, there was a bi-partisan vote in the US House of Representatives, including the hugely poignant appearance of Rep. Gabrielle Giffords. All House members were on their feet as she returned to Congress for the first time since being shot while carrying out a constituency surgery (as we would call it).

It was pure Hollywood. But beneath the tear-jerking choreography let’s acknowledge that it is genuinely historic for the …

Posted in News | Also tagged , and | 13 Comments
Advert

Recent Comments

  • Paul Holmes
    When I was an MP I remember being shown a block of Council flats in London. We stood on a first floor walkway and my guide pointed to one door that after RtBuy ...
  • Paul Holmes
    AlexB - Housing Associations already have the power to borrow money against their assets, which are of course not subject to the wholesale Right to Buy (at huge...
  • David McHardy
    There is no way out of the housing crisis without mass private building. Private building has stalled because it is unprofitable, as this article explains. This...
  • George Thomas
    "Of course, devolution cannot simply mean moving responsibilities without resources. Local leaders need meaningful fiscal powers, long-term funding settlements ...
  • George Thomas
    Greater devolution without greater funding is a poisoned chalice and that is what's being offered in Wales. That and sly digs at the Senedd. Then it leads t...