October 14, 2013

Not that I think Rand Paul and his merry gang of debt ceiling deniers give much of a damn what the head of the International Money Fund thinks, but her message was still pretty clear. Since it came from a white person, perhaps they'll pay attention.

In response to David Gregory's question about Rand Paul denying that default would be a disaster, LaGarde was pointed, warning that "creative accounting is not the solution and markets know that and the counterparts to the United States know that."

She continued with a reminder to Senator Paul to remember that "when you are the largest economy in the world, when you are the safe haven in all circumstances as has been the case, you can't go into the creative accounting business."

In other words, get your act together, Congress, and do your constitutionally mandated duty.

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