Subject: Sign the Debt Ceiling Negotiations Have Failed?
From: "Eric Schwerin" <[email-masked]>
To: "Hunter Biden" <[email-masked]>
Date: Wed, 29 Jun 2011 16:56:27 -0400

Sign the Debt Ceiling Negotiations Have Failed?
Greg Sargent notes that the primary goal of President Obama's press conference was obvious: "He was clearly out to pick a major public fight with Republicans over tax cuts for the rich. Obama mounted a surprisingly aggressive moral case for ending high end tax cuts, casting it as a test of our society's priorities, and argued -- crucially -- that anyone who fails to support ending them is fundamentally unserious about the deficit." 

Ezra Klein: "The best advice I've gotten for assessing the debt-ceiling negotiations was to 'watch for the day when the White House goes public.' As long as the Obama administration was refusing to attack Republicans publicly, my source said, they believed they could cut a deal. And that held true... But today they went public. The negotiations have failed."

Eric D. Schwerin
Rosemont Seneca Partners, LLC
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