[ewjordan]

"It will be interesting to see how the markets react to this."

The markets reacted to this long ago, which is why we're not seeing much of a reaction to it now (the market is now up by about the amount it was down when the parent posted that link) - nobody had any real doubt as to whether this would ultimately pass or not, the only question was exactly what provisions would be taken out or put in to ensure that it did.

No comment on our debt problems, however - I'd tend to agree that eventually someone needs to pay the piper, though I think single-digit weeks might be underestimating it.