Teach your children well,

Their father's hell did slowly go by,
The Treasury reached its debt limit on May 16 and has been taking extraordinary measures such as borrowing from pension funds to finance the deficit and prevent a default. Standard & Poor’s would cut the top AAA rating of the U.S. to D and Moody’s Investors Service said it would likely reduce its credit ranking from Aaa to the Aa range if the government fails to make a debt payment.

“This is one of the Treasury’s last remaining tactics to avoid breaching the debt ceiling,” Brian Smedley, a strategist in New York at Bank of America Merrill Lynch in New York, said in a telephone interview. “A cutback in net bill supply is not surprising given how close we are to the debt ceiling deadline.”


You who are on the road

Must have a code that you can live by

And so become yourself

Because the past is just a good bye.