Money quote (one of many):
So the debt deal has finally been reached. As expected, the agreement arrives in a form that right-thinking people everywhere can feel terrible about with great confidence.
The general consensus is that for the second time in three years, a gang of financial terrorists has successfully extorted the congress and the White House, threatening to blow up the planet if they didn't get what they wanted.
Back in 2008, the congress and George Bush rewarded Hank Paulson and Wall Street for pulling the Cleavon-Little-"the-next-man-makes-a-move-the-n---er-gets-it" routine by tossing trillions of bailout dollars at the same people who had wrecked the economy.
Now, Barack Obama has surrendered control of the budget to the Tea Party, whose operatives in congress used the same suicide-bomber tactic, threatening a catastrophic default unless the Democrats committed to a regime of steep spending cuts without any tax increases on the wealthy.