In Honor of the Debt Ceiling Debate, er, Debacle

Josh Marshall at Talking Points Memo reminds us of the following in a blog posting called Hamilton's Dream:

Indeed, the national debt -- created through the federal assumption of state war debts -- was created to do precisely this: get the holders of bonds, necessarily wealthy and powerful people, to have a vested interest in the fixity and stability of the federal government.

And now we segue to writer and star of the Broadway musical “In the Heights,” Lin-Manuel Miranda performs "The Hamilton Mixtape" at the White House Evening of Poetry, Music, and the Spoken Word: