Obama’s Credibility Problem

Shutdown Showdown

Obama convenes talks with Congress on ending shutdown USA Today
Some in GOP ready to back down on this Obamacare fight Washington Post
Mitch McConnell, Senate GOP search for way out Politico
Obama’s Hardline Budget Stance Rooted in Anger Over 2011 Impasse Bloomberg (Lambert)
Factional conflicts have the power to destroy empires – and republics Ambrose Evans-Pritchard, Telegraph
HK exchange prepares for US bond default Financial Times
Premier Li Keqiang outlines China’s concerns on US debt Financial Times
The Kochs Can’t Control the Monster They Created Atlantic. We compared the Tea Party to the Wahhabis a few days back (not that that sect didn’t have a long history, but the House of Saud sponsored it to increase its reach and membership. Oops!)

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