- Eric Cantor says he’ll resign on Aug. 18
- Ted Nugent slams ‘lying freaks’ at liberal media: I’m ‘doing God’s work’
- Joe Biden’s secret love: Skinny-dipping, Secret Service agents say
- Just-forged Israel-Hamas cease-fire ends in rocket fire
- Obama military downsizing leaves U.S. too weak to counter global threats, panel finds
- Sen. Tom Coburn vows to slow down budget-busting bills ahead of recess
- Obama fantasizes about more executive power, signs new order on federal contractors
- Clintons call Klein, Halper, Kessler ‘a Hat Trick of despicable actors’: report
- Boehner accuses Obama of ‘legacy of lawlessness’
- Pro-marijuana group claims responsibility for Brooklyn Bridge flag swap
Both parties recognize the Democrats' scam
Topic - Robert E. Wright
President Obama says it would be folly for the White House to negotiate with Congress over the government's debt — but the nation's founders thought differently.
Mr. Wright said the solutions almost always involve deal-making — something that's lacking among leaders today.
"Hamilton wanted to assume the state debt, and people in Virginia weren't real keen on that, especially their leadership. So they got together over dinner and made the swap," said Robert E. Wright, an economic historian at Augustana College in South Dakota.