Monday, June 13, 2011

Just Say No to Kabuki

Nope, I didn't watch the first official Republican debate tonight. As I said earlier today, it's too soon to be thinking about this. I know that Stephen Green at Pajamas Media offered his always-entertaining "drunkblogging" of the debate and that Althouse and HotAir had an eye on it, too.

There are other things to think about. What Mitch Berg wrote about today, for example. And what Gary Gross wrote about, too.

Bottom line is this -- 2012 will come around soon enough. We have to get through 2011 first and that's no sure thing right now, either. Money quote, both figuratively and literally, from William Gross, who manages $1.2 trillion in assets for Pimco:

"We've always wondered who will buy Treasurys" after the Federal Reserve purchases the last of its $600 billion to end the second leg of its quantitative easing program later this month, Gross said. "It's certainly not Pimco and it's probably not the bond funds of the world."

I'd be willing to wager that question didn't come up in tonight's debate.

1 comment:

Gino said...

i didnt watch it either, but i'm willing to bet nobody directly addressed an issue ron paul brought up.