'World News' Political Insights: Washington Dysfunction Hits New Low

The only problem with talk of compromise is that it doesn't have a natural constituency. Until and unless, of course, it has a huge one. The stand-off on debt negotiations declared late Friday begins to have real repercussions this week, as a new political player with even crasser motivations than Democrats or Republicans emerges: financial markets. The market reaction injects an unpredictable element into a drama that's actually been quite predictable. Neither side is willing to move off of...Full Story
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