Sometime in the next 24 hours we will be switching European Tribune over to a new layout. This will involve a little downtime and no doubt some teething troubles. Do not adjust your set. - Colman

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The paridigm the US is caught up in at the moment reminds me of the Gordian knot. All you need is an Alexander to solve the problem with a fait accompli, a trillion dollar coin.

Republicans have been burdening us with their "accomplished facts" for decades. Ha Obama the mettle to serve them their due in the interest of the nation?

by de Gondi (publiobestia aaaatttthotmaildaughtusual) on Thu Jan 10th, 2013 at 03:49:35 PM EST
Obama's problem will be the fiscal and or monetary conservatives on his own side of the aisle.  It is difficult to overstate the degree to which Austrian/Chicago economics is the only economics in US discourse. However if Republican's succeed in backing Obama into a corner, he may have no option, and in that scenario even some of the most conservative Dems will probably have his back. It all depends on how the choreography of the battle is handles, and that is something Obama and his team have been reasonably adept at. But expect the crisis to drag on for months...

Index of Frank's Diaries
by Frank Schnittger (mail Frankschnittger at hot dotty communists) on Thu Jan 10th, 2013 at 04:22:44 PM EST
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