Links 11/14/10

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'Progressives' are getting all gooey over Obama's stern declaration that he will prevent Republicans from
Someone tell me how Ian Welsh's assessment of Obama is incorrect (italics mine):
With all of the S&P hoopla, we've heard a lot about 'default'--that the U.S. government can't (false) or won't (with the teahadists, who knows?) pay the money owed on its debt.