December 17 Morning Reads
Monday, December 17 2012
Talks Highlight a Structural Divide
There are structural deficits built into Washington’s present and future, which will only be resolved once the cultural divide between the two parties can be bridged.
GOP govs could gum up Obamacare
“As of Friday — the final deadline for states to declare whether they’ll set up exchanges — more than 30 states had refused to set up the marketplaces, which had been expected to become the source of health coverage for as many as 25 million people by the end of the decade. To some of the law’s most vocal opponents, that’s a pretty good way to keep up the fight against Obamacare.”
Moody’s Gets No Respect as Bonds Shun 56% of Country Ratings
After the poor showing of the credit rating agencies leading up to the subprime mortgage crash many are shunning their opinions and looking to the market to decide which international debtor is worthy.
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