Well, that was interesting! Congress raised the debt ceiling yesterday, while stocks fell through the floor. The Senate voted “Yay” on the legislation, then passed it off to the President for his signature. Washington was pleased with itself; Wall Street…not so much. While our elected officials spent the afternoon applauding themselves for their “historic” performance [...] The Fate of Inevitability originally appeared in the Daily Reckoning . The Daily Reckoning provides 400,000+ readers economic news, market analysis, and contrarian investment ideas. Follow the Daily Reckoning on Facebook .