Debt Ceiling Hobbits Versus The ‘I’ Of Sauron – Why We Indeed Do Need An Election Year Debt Ceiling Debate

When the red flags are waved the bulls get moving and attacking and acting foolishly as they are led to slaughter at the hands of the Matador (from “matar” which in Spanish means “to kill”) after first being tormented into rage by the Picador. Republican bulls are being prepared for slaughter as they bellow in triumph. Democratic bulls have been slaughtered yet many of them don’t realize it yet.

Right-wing bulls, left-wing bulls, middle of the road bulls, libertarian bulls, Clinton supporting bulls, Clinton hating bulls, Social Security supporting bulls, Social Security hating bulls – all snort and stomp hooves the very moment the red flags come out. When the red flags wave all the bulls act in their accustomed manner from their respective corners. [For more on how red flags are used by both parties to gull their respective supporters read one of our discussions of the red flag strategy written during the 2008 primaries.]

From early stirrings post-TARP in late 2008 until birth post Obama stimulus scam, the Tea Party has been an object of mockery. Many on the left mocked those in the Tea Party who demanded that “government keep your hands off my Social Security/Medicare”. Instead of recognizing potential allies who appreciated Social Security the “creative class” left delighted in mockery. “Government is Social Security you dumbasses” chortled the “creative class” left to Tea Party activists.

Now Tea Party activists are called “Hobbits” by well known Republicans and hoity-toity editorial pages that never liked the Tea Party rabble. The “Hobbits” battling Mordor and its evil president Sauron won the battles and the war, as Sarah Palin supporters smartly replied, so this was not the wisest of literary choices with which to attack the Tea Party.

Why any Republican who purports to oppose higher debt and deficits attacks the Tea Party or their supporters in Congress is a mystery. The fact of the matter is that for genuine opponents of higher debt and spiraling deficits the current bills under consideration are a joke. Even the much ballyhooed $4 trillion dollar “grand bargain” was a joke – if mathematics is a consideration.

There is an argument to be made by Republican leadership that cutting the legs off from Speaker Boehner by not voting for his proposal was counterproductive in the fight against debt and deficits. But then again, if it wasn’t for the Tea Party resistance to Speaker Boehner’s original proposals the Republicans would have agreed to much weaker terms. Indeed, Speaker Boehner had agreed to Obama’s demand for $800 billion in new taxes and only balked when Obama demanded an additional $400 billion in new taxes.

Tea Party activists also have an argument to make from the experience of Democrats during the Bush years. If the Republican leadership does not share your debt/deficit aims now (all they want are the better offices that come with the majority) they will have the same excuses and less incentive to do what you want once they are in power.

Remember during the Bush years how every demand made to House or Senate Democrats was met with the excuse ‘we can’t do x/y/z until we have a majority and we can’t even so much as try to get x/y/z done because it will hurt us in the elections and then we won’t get a majority and then we won’t be able to do all the wonderful things we will do when we get a majority and a president.’ Then they got big majorities as well as the White House and… nothing but scams and thefts. We wrote about this in “Grand Unified Theory: The Obama Scams And The Dimocrat Scams Exposed (And Why You Can Ignore The Side Stories Like – Nancy Pelosi, Notre Dame, Torture, Gay Rights, The CIA, Wall Street, GM, Chrysler, Guantanamo, Cheney, Military Tribunals, FISA, Renditions, Abortion Rights, Universal Health Care, Swine Flu, Immigration, The Environment, Foreign Policy, The Economy, Inflation, Deflation, Unemployment, TARP, Credit Cards, Israel, Russia, China, Pakistan, Iraq, Afghanistan, Debt, Deficits, and The Supreme Court)“.

Democrats who mock and attack the Tea Party activists should also recognize the reality that if it was not for the Tea Party activists, Barack Obama would have sold out Social Security. That’s right – if the Tea Party had not torpedoed the “grand bargain” Barack Obama would have sold out Medicare and Social Security, (and if necessary sleeveless Michelle, the two daughters, the dog, Kal Penn, and thrown in the kitchen sink). It was unintentional but the Tea Party saved Social Security from treacherous Barack Obama who wants to gut Social Security.

[Why Obama wants to gut Social Security still deserves a full article but we have addressed the reasons before:

The reasons for Obama wanting to destroy Social Security may be boiled down to two. Reason #1 is the old Willie Sutton reason, “that’s where the money is.” Reason #2 is the Obama coalition hatred of the FDR/Hillary Clinton coalition (hint: black male life expectancy is about 67 while white women live longer and younger voters who loved Obama in 2008 never valued Social Security they way older voters do). But that discussion is all for another day.”]

The red flag strategy works because the brain shuts down and few question their assumptions. Inadvertently perhaps, but the Tea Party saved Social Security from Obama’s clutches. Still, Social Security supporters see the Tea Party as the enemy even though many (certainly not those in the Tea Party leadership which have been co-opted by the Republican leadership) support Social Security. The “creative class” left prefers to be clever and snobbish – too stupid and over-educated to see the opportunity staring them in the face.

For those willing to shut their eyes to the red flags waving and keep the brain functioning, the bottom line in the entire debt ceiling tempest in a Tea pot is exactly that – not much – a tea pot tempest. The fact is, as we have written before, there is only one issue that remains a controversy.

The only issue that remains at all a controversy, the only issue that Barack Obama will fight on, the only issue Obama demands Harry Reid protect him on is this: keep the discussion dead until after the 2012 election.

The danger is that this strategy is one that many Republicans share with Obama. Many establishment Republicans do not want to see the Tea Party take center stage again during the general election and thereby heighten their influence even more. And has anybody seen Willard “Mitt” Romney lately?

Willard Romney wants to avoid the debt and deficit discussion almost as much as Barack Obama. While everyone has asked “Where’s Waldo” about Obama, the same can be asked of Willard Romney.

Tea Party activists want an election year discussion of the debt and the deficit and what cuts need or don’t need to be made. Does the Pentagon deserve a trillion dollar cut over the coming years? Get rid of agriculture subsidies that bribe Iowa voters? Dismember the Hitlerian monstrosity called the Department of Homeland Security and restore many of its functions to manageable agencies? Kill the Education Department, the Energy Department, the Commerce Department, and turn their operations to agencies that are less expensive? These are all issues that should be discussed. And where is all the money taken from Social Security to fund general government purposes?

Barack Obama and Willard Romney as well as the establishment of the Republican and Obama Dimocrat parties do not want a discussion about the economy/debt/deficits when the American people are paying attention.

Activists from the left and the right are constantly admonished ‘now is not the time to have a divisive fight’. Hillary Clinton supporters recall how Obama Dimocrats demanded she remove herself from the primary challenge to the treacherous Boob especially as she beat him repeatedly. We were told ‘primaries are not the time to have a divisive discussion’ because those evil Republicans will profit – the red flags were waving.

Now we are told by Barack Obama ‘we must not have a divisive fight over debt and deficits in an election year because look how bad this fight has been.’ But isn’t that what elections are for?

Elections are a time to fight over principles, ideas and policies. Elections should be the time to discuss what course, what direction, the country wants to pursue.



Drug addict or not, Obama does not want to have that discussion. That is the Barack Obama plan so many can’t seem to find. Stop looking for the plan, reelection is the plan. Sauron Obama will agree to just about anything as long as the next debt ceiling hits him on the head after the November 2012 elections. That is why the only thing Obama cares about in this debt ceiling debate is that he avoid having to explain himself to the American people during the election of 2012. Willard Romney does not want to have that discussion either.

Elections are also about leadership.

Barack Obama is not a leader and his only concern is self advancement and self interest – even Obama Dimocrats know that now:

“Joe Scarborough: “I have got to clear this up. Mika heard two days ago on Capitol Hill Democrats all saying the same thing. And that is, this president has been invisible, he is not a leader. They said this all behind closed doors. Democratic leaders, Democratic rank-and-file. In fact, 40, 50 of the most powerful Democrats on the Hill. I will just stop right there. The complaints were all the same. The president has vanished. He has left us here alone again like he did with health care. Where is he? Now, they didn’t call him a loser, but they sure as hell didn’t call him a leader.”



Tea Party activists do not have as their top priority helping the Republican leadership. Harry Reid, who worked behind the scenes in 2008 to destroy Hillary Clinton and gift the nomination to untested corrupt Boob Barack Obama will do anything now to save the Boob. The tricks and “deals” and gimmicks will multiply – from all sides – as the fake deadline approaches this Tuesday.

The debt/deficit debate is not about money or numbers. The debt/deficit debate is about the bankruptcy of the political parties as they collude to delude, distract, and circumvent, the will of the American people.

Elections are the time for citizens to seize the reins of power and decide who will be entrusted with the majesty of their authority. We don’t need phony “grass-roots” campaigns designed to bamboozle. We need a debt/deficit/economic debate in the full heat and light of an American election decided by the American voter – not debt Kabuki. Isn’t that what elections are still for?

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154 thoughts on “Debt Ceiling Hobbits Versus The ‘I’ Of Sauron – Why We Indeed Do Need An Election Year Debt Ceiling Debate

  1. Wouldnt be upset with being called “hobbits”, especially being called that from “Obama trolls”.

  2. great article admin.
    your statement about tea party about SS and Medicare is 100% accurate, I have mentioned that I have been to some TP events, these are average repubs, independent, yes even DINO, dems, who want a growing economy, limited govt, but a safety net that is sustainable like MEdicare and SS.

    I am now convinced the Tea Party is not just the anti-repub establishment, it is anti-establishment itself, regardless of party. They are very common sense people, the ones I have met are average hard working americans who get up everyday, go to work, refuse crny captilism, refuse bailouts, love the US constitution and limited govt.

    I say go Tea Party!

    And good for the house repubs (and even many house dem, blue dogs no doubt) who voted against reid’s fake bill, that bill solves nothing.

  3. Latest developments appear to indicate that Obama is getting ready to cave. The senate minority leader announced he is having direct talks with Obama – which in itself is a major concession by Obama. Further Reid and Pelousy have gone to the White House to talk to Mumbles. This meeting is either for Obama to tell them it is time to cave and how to retain the impression of dignity or – Obama is begging them for a solution.

  4. and repubs better hold firm, no “wait until 2013 to remove uncertainty”, this coming from a man who threw all sorts of layers of beaurcratic crap at small businesses via Dodo-bill Obamacare, the NLRB.
    If they want long term, Cut Cap Balance is a good start, long term to Mr. Barry Soetero is just his damn re-election. By next year, our debt will be 17.5 trillion. Or else have 2 votes before nov 2012. Why should anyone trust anything coming from a man who is so talented at lying every minute.

  5. anyone know if his stupid birthday party is still on? He is threatening to cut of SS checks, but will gladly take 40K from his stupid donors.

  6. LOL. So the repubs rejected Reid’s bill in the Senate and the House? LOL. Wow. looks like the Tea Party and the repubs played this masterfully.

  7. Ironically, this bill will pass, and we will still get downgraded, this only very slightly slows the train down, it is still going to hit that wall of massive debt-to-GDP ration in just a year or so. The recession will be in full force by next year, the debt is massive the regulations are massive, no business I know will take a chance in hiring, expanding, nothing. Like Steve Wynn said, businesses will sit on their thumbs until Waffles is kicked out next year.

  8. Mark Penn sticks a knife in Obama then twists it:

    http://www.nytimes.com/2011/07/30/us/politics/30obama.html?_r=1

    Mr. Clinton approached his re-election with unemployment in July 1995 at 5.7 percent, which was significantly lower than when he took office. Because of today’s weak economy, Mr. Obama “doesn’t have a lot of domestic accomplishments” to point to, said Mark Penn, an adviser to Mr. Clinton in 1996 and to Hillary Rodham Clinton when she opposed Mr. Obama for the 2008 Democratic nomination.

  9. Someone explain to me how he wins? He only won by 53%, that is not a huge margin, and I remember in NC and a couple of other states, swing ones, he did not win by that much.

    So, the dems, now independent, who did not vote for him in 2008 are not going to vote for the buffoon in 2012, and the number of independents who were fooled into voting for him in 2008 are sure as heck are not voting for him in 2012, so how does he win? No one believes the MSM and their views on things. And the economy never really came out a recession, we just had a sugar high with the stimulus, it will be over 8.5% minimum next year, and there will many companies completely leaving the US because of Obamacare.

    So, what voter that did not vote for him in 2008 would vote for him in 2012? Most of the voters are going the other way.

  10. aah sorry been cooking all day, not keeping up, just made a massive pot of onion marmalade relish, pate, ghanian rice jollof rice and morrocan zalouk dip for a party i’m going to tomorrow. I’m hot bothered and got a gin and tonic in the other hand. Here’s to the people of 44.

  11. From my choice du jour, cspan dot org:

    Both the House and Senate return for a Saturday session today to continue the debate over a plan to raise the debt ceiling. They’ll both take up a plan offered by Senate Majority Leader Harry Reid (D-NV), which would last through 2012 and cut about $2.2 billion in federal spending. The House considered it under a special rule this afternoon where a 2/3 majority was required for passage, but it failed to pass by 173-246. In the Senate the first procedural vote to clear the 60-vote filibuster hurdle will occur late Saturday night at 1am ET unless an agreement is reached to allow debate to proceed.

    Late yesterday, the U.S. House passed its version of a bill to raise the debt ceiling, crafted by Speaker John Boehner (R-OH). The final vote was 218 to 210. 22 Republicans voted against it, and no Democrats voted in favor of the plan. Republicans who voted against the bill were: (Freshman members are in bold): Amash (MI), Bachmann (MN), Broun (GA), Chaffetz (UT), Cravaack (MN), DesJarlais (TN), Duncan (SC), Graves (GA), Gowdy (SC), Huelskamp (KS), Johnson (IL), Jordan (OH), King (IA), Latham (IA), Connie Mack (FL), McClintock (CA), Mulvaney (SC), Ron Paul (TX), Tim Scott (SC), Southerland (FL), Walsh (IL), Wilson (SC).

    Within minutes of that vote, Sen. Reid brought the House bill up on the Senate floor, and moved to table, or discard, the plan. The vote was 59-41 to table, with 6 Republicans joining 51 Democrats and 2 Independents in voting against the Boehner proposal. Republicans voting to table were: DeMint (SC), Graham (SC), Hatch (UT), Lee (UT), Paul (KY), and Vitter (LA).

    The White House issued a statement on Friday night saying Congressional leaders must “start working together immediately to reach a compromise that avoids default and lays the basis for balanced deficit reduction.” The President says Sen. Reid’s proposal is “a basis for that compromise, (and passage of an agreement) removes the uncertainty surrounding the risk of default.” No agreement between Republicans and Democrats and the House and Senate means the path forward is still uncertain with the August 2nd deadline imposed by Treasury Secretary Timothy Geithner fast approaching. House Democrats encouraged the President to invoke the 14th amendment to the U.S. Constitution to unilaterally lift the debt ceiling without Congressional authorization. The White House continues to reject that option.

  12. EDITORIAL: America abandons Obama

    GOP chief believes Tea Party and conservatives key to defeating Barack

    So much for hope and change. With the economy growing worse and worse (see nearby editorial), the grand promises of Barack Obama’s 2008 campaign have faded as the reality of malaise takes hold.

    Mr. Obama has vowed to spend $1 billion in advertising dollars to counteract the effect his policies have had on the nation. The GOP’s campaign chief met with The Washington Times on Friday to discuss why that’s not going to work. “I think this [election] is a referendum on Barack Obama,” said Republican National Committee (RNC) Chairman Reince Priebus. “The people in this country are going to ask themselves a question: ‘Am I better off than I was three or four years ago?’ And the answer is clearly no.”

    Candidate Obama’s pledge to go “line by line” through the budget to get the deficit under control has become little more than an inside-the-Beltway joke as his spending levels rival those of an Egyptian pharaoh. Even liberals feel betrayed on a number of pet causes like torture and Guantanamo Bay, and they’re jumping ship. The Pew Research Center for the People & the Press released a survey July 22 that found Republicans were making huge gains among white voters. In 2008, 46 percent of this demographic group sided with the GOP while 44 percent preferred Democrats. Today, the Republican advantage has grown to 13 points, with the biggest gains found among those under the age of 30.

    In other words, the young voters who once identified with the youthful, relatively unknown senator from Illinois are having a severe case of buyer’s remorse. The survey showed Republicans also made a small 2 percent gain among black voters, but larger inroads ought to be possible given the astonishing figure that 16.2 percent of blacks can’t find a job in Mr. Obama’s economy – double the figure for whites. “People are hurting,” said Mr. Priebus. “The problem that Obama has is that he has had results of his presidency, and these results are awful and people know it.”

    High unemployment, low growth and reckless spending sparked a Tea Party movement demanding real change. Some establishment types in Washington and New York have seen this as a threat. They’ve even taken to deriding Tea Party members as “Hobbits.” When he was leader of the Wisconsin GOP, Mr. Priebus attended and spoke at Tea Party rallies. “I don’t believe the Republican Party or the RNC is in competition with the conservative movement in America,” he explained. “We’re part of the conservative movement in this country.”

    As long as the focus remains on the Obama administration’s fiscal policies, conservatives are going to win the spending showdown. Our freedoms, in fact, depend on that victory. “We’re at an almost standstill in Washington debating about what we need to do to increase the credit card yet again because we need to pay our bondholders in China and we can’t possibly default,” Mr. Priebus explained. “This is a little glimpse of what it’s like when you have to surrender a little bit of your sovereignty… because we can’t get spending under control.”

    Mr. Obama should be nervous. There’s a focused leader at the helm of the RNC who’s committed to making sure “The One” is a one-termer.

    http://www.washingtontimes.com/news/2011/jul/29/america-abandons-obama/

  13. So, what voter that did not vote for him in 2008 would vote for him in 2012?

    ==================

    Well, a few conservatives who see he’s doing their work.

  14. Wow things must be bad, they are running a poll over on DUmmieland on

    Should we ‘primary’ Pres. Obama in 2012?

    Definitely yes, he should face a primary challenge! (62 votes, 45%)
    I’m undecided, but leaning toward supporting a primary challenge! (6 votes, 4%)
    I’m completely undecided1 (0 votes, 0%)
    I’m undecided, but very reluctant to support a primary challenge! (1 votes, 1%)
    I’m absolutely opposed to a primary challenge to Pres. Obama1 (70 votes, 50%)
    Other (please explain) (0 votes, 0%)

    Now bracketing those into yes and no with leaners, 49% of his hardcore supporters thing he should be primaried, 51% against……stick a fork in him, he’s so finished if this lot are going to knife him.

  15. An example of why Marco Rubio is going to be a major migraine for Obama Dimocrat strategists (watch as Kerry tries to take Rubio on):

  16. Someone explain to me how he wins? He only won by 53%, that is not a huge margin, and I remember in NC and a couple of other states, swing ones, he did not win……………………

    =============

    Unfotunately Tim, you currently have no one running who can beat Obama even in his current weakened state. Also, don’t forget , as much as they are unhappy with him, the liberals, young people, and off course a huge AA turnout will likely occur again and help him win…

  17. I have heard that it was independents that gave Obama his win. He is losing independents in droves. All the liberals, young people and AA voters combined may not be enough to equal the losses he is incurring in his other bases of support, particularly when you factor in the electoral college…

    Respectfully disagree with you jbstonesfan…

    No one thought that Ronald Regan would beat Jimmy Carter in a landslide. Even though Carter was doing poorly his polling during that election year it was not definitive he was going to lose..yet he lost in a landslide…

  18. “Unfortunately Tim, you currently have no one running who can beat Obama even in his current weakened state.”

    Do you have any evidence to support that statement? There’s plenty of evidence to the contrary, showing that he is doing poorly in the swing states needed to win. Try looking at those state polls instead of meaningless national polls.

  19. jbstonesfan
    July 30th, 2011 at 9:04 pm

    Sorry, respectfully disagree with you. See the thing is, 50 states, 270 electerol votes. But it comes down to about 10 swing states, and in those states, independents went his way, they won’t be this time. Election is 16 months away, I can tell you as a business owner, a small biz owner, we see slowdowns first, and I and my collegues noticed it at the beginning of the year, people were pulling back. I find it amusing that the LSM keeps using “unexpectedly”, it is almost like these people never leave their ivory towers and talk to real americans.

    Anyways, the unemployment number is not going to get better, it will get worse. And more importantly, the trend will be getting worse, its one thing people will forgive if unemploment was 10%, and trending down, but this is stagnanting and/or getting worse.

    So the election comes down to 10 states where independents will not vote for him, he did not win by huge margins in those states. And the polling, right now there is no one repub candidate, but when given the choice, people will vote for a repub over the idiot that’s in the WH now.
    My bet is on Rick Perry, I like the man, and I have seen business regulations in his state, it is one of the best states to do and grow a biz, Virginia as well.

    But its too early with the polling.

  20. Debt Ceiling Hobbits Versus The ‘I’ Of Sauron – Why We Indeed Do Need An Election Year Debt Ceiling Debate
    ___________________

    Thanks admin- this is by far one of your best posts eschewing clarity as we brace ourselves coming out of the fog into the vanishing mist created by both parties. Thanks to the Hobbits as well!

  21. Tim @ 9:23PM

    What you state about the independent voters in 2008 is true. In addition, conservative Republicans stayed home and wouldn’t vote for McCain.

    122 million people voted in the 2008 election; 122 million people voted in the 2004 election. With the youth vote drive producing so many new voters for the fraud in 2008 (who presumably voted for him), the total vote count should have been higher (even accounting for the death rate between the election years). The only plausible explanation is that those conservatives who were known to be non-plussed by McCain stayed away from the voting booths and allowed the fraud to win several key swing states. If the conservatives stay as fired up as they are now, I don’t see them making the same mistake in 2012.

  22. Mike Marks
    July 30th, 2011 at 10:20 pm

    In 2008 I spoke to some repub people, and they told me Mccain was just put up as the “next candidate”, Palin was the main draw, and even then, many cons stayed home, heck some even voted for Waffles. But from what they explained after the elections, some 6 million Bush voters stayed home, I very much doubt they will be staying home next year. And those cons who voted for Waffles, I doubt they will be making that mistake again.

  23. Tim @ 10:31 pm

    Agreed. Palin was intended to draw in the conservatives for McCain but couldn’t do it, despite her popularity with that group. I don’t see conservatives staying home again in 2012, despite the candidate, and that will affect several key states won by the fraud in 2008.

  24. Just came in my e-mail: We’ll see if there is a good ending to this nightmare drama..

    Breaking News Alert
    The New York Times
    Saturday, July 30, 2011 — 10:17 PM EDT
    —–

    Senate Vote on Debt Limit Postponed Until Sunday Afternoon

    The Senate will delay a crucial vote on the Democratic debt ceiling bill until 1 p.m. tomorrow amid growing indications that a compromise is in the works that will avert a federal default on Tuesday.

    The delay averts a 1 a.m. legislative showdown in the Senate and all-night wrangling that Democrats had threatened on Friday. And it suggests that the looming deadline is working to pressure both sides toward a last-minute agreement.

    http://www.nytimes.com/2011/07/31/us/politics/31fiscal.html?emc=na

  25. Great post Admin, I also like to think that not only the Tea lovers are Hobbits, but also those folks that have seen corruption from the beginning, have been trying to spread the truth from under the bus, and have not sat down nor shut up. Hillary’s PUMA and Big Pinkers, like you Admin.

  26. admin
    July 30th, 2011 at 3:27 pm

    Attacking Hobbits is not smart.

    ———-
    One of my favorite scenes…thanks for that Admin.

  27. That video, did Kerry look like a dinosaur or what, Rubio was blazing and frankly making a lot of sense in what he said Kerry like like he wanted to wring his neck.

  28. MoonOnPluto, the last two minutes of the Rubio speech are astounding. He is somewhat… Lincolnesque. Lincoln’s “House divided against itself cannot stand” echoed in Rubio’s house ablaze speech. If he is on the ticket in 2012 (which we have no doubt he will be) the Obama Dimocrat party is in trouble for generations.

  29. From Bernie Sanders’ Senate web pages (also in WSJ):

    While all of this is going on in Washington, the American people have consistently stated, in poll after poll, that they want wealthy individuals and large corporations to pay their fair share of taxes. They also want bedrock social programs like Social Security, Medicare and Medicaid to be protected. For example, a July 14-17 Washington Post/ABC News poll found that 72% of Americans believe that Americans earning more than $250,000 a year should pay more in taxes.

    In other words, Congress is now on a path to do exactly what the American people don’t want. Americans want shared sacrifice in deficit reduction. Congress is on track to give them the exact opposite: major cuts in the most important programs that the middle class needs and wants, and no sacrifice from the wealthy and the powerful.

  30. tdo, what you quote Sanders as saying is good. However this from his home page just now, sucks.

    Senator Bernie Sanders spoke during a rare Saturday session. He made case for President Obama lifting the debt ceiling on his own by invoking a provision of the 14th Amendment. “The Constitution is very clear in saying that the debts of the United States ‘shall not be questioned,’ Sanders said. “The president swears an oath to protect and defend the Constitution, and many constitutional scholars believe that the 14th Amendment gives the president the authority and responsibility to pay our debts regardless of the dysfunction in Congress. I think that’s just what he should do if he is left with no other way to protect the full faith and credit of the United States.” The idea is backed by leading legal scholars and by President Bill Clinton. He said that if he were still in the White House, he would use the amendment and “force the courts to stop me.”

    Watch Saturday’s floor speech

    http://capwiz.com/c-span/webreturn/?url=http://sanders.senate.gov

  31. The California Supreme Court scheduled a Sept. 6 hearing to consider whether ballot initiative sponsors have authority to fight court rulings on their measures if the governor and attorney general refuse to appeal.

    The question is pivotal to the future of the 2008 ban, known as Proposition 8, because former Gov. Arnold Schwarzenegger and Gov. Jerry Brown, in his previous role as attorney general, refused last year to challenge a federal court ruling that struck down the law as a violation of gay Californians’ civil rights.

    Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2011/07/28/state/n184950D37.DTL#ixzz1TgdaOLQG

    ==============

    Now, why can’t the Obama administration refuse to appeal when courts rule against DADT or DOMA?

  32. Bernie Sanders is not an independent or a socialist, he is a first rate ignorant man. 250K is a nice poll tested number, which is why Hillary for the most part stayed away from it, Waffles started with 200K in 2008, and then moved it to 250K.
    When 51% of the American populace pay no taxes, what is fair? this is no longer about safety nets, the Waffles thugs have put policies in place to slow growth to a point of no growth and then create new entitlements as well as redistributive policies and rhetoric. All that was required was grow the economy and reform the entitlements so they stay strong, more revenues coming in, safety net strengthened, and more people becoming taxpayers.

    http://www.zerohedge.com/news/guest-post-white-house-playbook-arbitrary-numbers-and-financially-ignorant-sloganeering

  33. Congress and the President has had 800 days to work on a Budget? Does it count if the Republicans have put forth a “failed” plan? Democrats have done nothing when they had the power of 2 branches of government to get something done and have done nothing. Obama playing golf half the time. Even there, he fails to have improved his golf swing seeing more turf flying thru the air than a ball disappearing in the distance. We need to put Obama out of his misery and relive him from his post. He obviously underestimated what then Sen Clinton was talking about during the 08′ Primary. His notion of ‘fake it till you make it’ obviously doesn’t apply here to the job requirements of a complex US Presidency. He has taken his notion, tested it against reality and failed to meet it’s entry level threshold, ‘leadership’ and like it or not, needs to move on…
    _________________

    Moody’s: Neither debt plan protects the nation’s AAA rating

    By Peter Schroeder – 07/29/11

    The “limited magnitude” of both debt plans put forward by congressional leaders would not put the nation’s AAA credit rating back on solid footing, Moody’s Investors Service announced Friday.

    “Reductions of the magnitude now being proposed, if adopted, would likely lead Moody’s to adopt a negative outlook on the AAA rating,” the credit rating agency said in a new report. “The chances of a significant improvement in the long-term credit profile of the government coming from deficit reductions of the magnitude proposed in either plan are not high.”

    It added that “prolonged debt ceiling deliberations” have increased the odds of a downgrade, but that the firm is still confident policymakers will avoid a default.

    “It remains our expectation that the government will continue with timely debt service,” the firm said.
    It also clarified that as far as it is concerned, the nation will only default if it misses an interest or principal payment on U.S. debt, not if it misses payments on other obligations like federal employee salaries or Social Security benefits.

    The report also gives credence to a claim popular among Republicans: that the government has enough cash to avoid a default even past the Aug. 2 deadline set by the Treasury Department.

    “If the debt limit is not raised before August 2, we believe that the Treasury would give priority to debt service payments and could thus postpone a potential debt default for a number of days,” it said. “Revenues would be more than adequate for some period of time to meet those payments, although other outlays would be severely reduced as a result.”

    Moody’s previously put the nation’s top credit rating on watch for a downgrade on July 13, as lawmakers continue to fight over a deal to raise the debt limit.

    While Moody’s is confident it will not have to downgrade the nation’s rating because of a default, it maintained that long-term debt and deficit problems will continue to weigh on the AAA mark.

    As Republicans and the White House fight over the length of a debt limit increase, Moody’s said it would not reaffirm the nation’s AAA rating unless there is at least a six-month boost to the debt limit.

    However, if the nation were to default for a short period of time, Moody’s said it would knock its credit rating down to AA, under the assumption that the default would be quickly rectified and investor losses would be minimized. However, in the “extremely unlikely” situation that investors do lose on Treasury investments, a lower rating could be given.

    http://thehill.com/blogs/on-the-money/801-economy/174447-moodys-neither-plan-protects-the-nations-aaa-rating

  34. Honestly, much as I hate to say it I think Americans are just friggin’ stupid to put up with this nonsense about the debt ceiling.

    Obama has spent more than $4 trillion since selection, then he wants to raise the debt ceiling and may agree to some cuts in spending.

    I may be financially challenged but it’s liked being robbed of $4 trillion and then told to shut up and enjoy it – you know – like some sexual predators do with their victims.

    “Obama took office on Jan. 20, 2009. From then until July 15 — the most recent data available at the time Lance made his statement — publicly held debt increased more than $3.4 trillion, from more than $6.3 trillion to more than $9.75 trillion, according to U.S. Treasury Department data.

    That’s a $3.75 billion increase per day. Round up and it’s “the equivalent of about $4 billion per day.”

    And for the repubs to seriously engage with POTUS – I am sorry – we have been, are being and continue to be royally shafted.

    It is obscene – bailing out everyone from financial companies to auto companies to unions to FOO’s to everyone except those of us who pay taxes. Regularly. And support the friggin country.

    And now the deal is no change (if accepted) until after the 2012 selections. Why? So Bo can steal it again? What is wrong with people in this country that this sh!t is allowed to keep happening?

    :shaking head in disgust:

  35. “:shaking head in disgust:”

    Agreed. Wait until next December, when our debt will be over 17 trillion (currently 14.5 trillion), defecits will be closer to 1.8 trillion (currently 1.4 trillion).
    And Waffles will keep demonizing businesses, entrepeneurs, no one will invest, everyone will sit on their thumbs until Waffles is kicked out, as Steve Wynn ranted about.

  36. Mrs. Smith
    July 29th, 2011 at 8:18 pm

    New data show that the economy has been expanding far less robustly over the past two and a half years than initially claimed.

    According to the Commerce Department, first-quarter GDP growth was 0.4%, not 1.9% as first reported. In the second quarter, it grew at a tepid 1.3% pace.

    A recent problem? Hardly. Fourth-quarter 2010 growth was also revised down, from 3.1% to 2.3%.
    &&&&&&&&

    John McLaughlin led off with this downward revision of first quarter. He asked if there was some kind of conspiracy to have the debt ceiling debate overshadow the bad new about Q1…

  37. Moody’s, who were so astute in calling the subprime events, “nothing to worry about”… and now they interject more of their astuteness.

    http://www.zerohedge.com/news/moodys-chief-economist-says-proposed-deal-will-avoid-us-downgrade

    “that would fit perfectly in any centrally planned bureaucracy as a D-grade sycophant, he also had the following to add: “The bicameral, bipartisan committee “is a positive step” that will give markets a real sense of certainty on future deficit reduction.”

    Ah yes, let’s leave the future of our country to a “bipartisan committee” whose determinations will be completely ignored when the time comes. Any why not: Obama will have a carte blanche to continue on his present course for another $3 trillion worth of debt.”

    And who does Dr. Zandi support, waffles of course. It matters not, the world markets will decide the credit worthyness of the US, the ratings agency, especially Moodys is pretty useless, S&P and Fitch have some ounce of credibity, Moody’s does what the admin will tell them to do.

  38. rgb44hrc
    July 31st, 2011 at 11:10 am

    John McLaughlin led off with this downward revision of first quarter. He asked if there was some kind of conspiracy to have the debt ceiling debate overshadow the bad new about Q1…
    ______________

    I agree- the debt ceiling debate is overshadowing everything that can be potentially damaging to Obama just as he did with the HCR debate. Obama is a transparent bore… same tricks- on just another day in the life of Obama faking it because he cannot make it-

  39. On McLaughlin, he mentioned that Cornell West has been making extremely cutting remarks about Obama being a puppet of Wall St. and not standing up for African Americans.

    They quoted that AA approval of Obama’s handling of the economy went from 77% in 2010 down to 50% in 2011.

    Eleanor Clift mentioned that while AAs’ discontent could lead to less enthusiasm for Obama, the Hispanic are suffering even worse economically, and they are the bigger X factor as their percent of the population continues to grow.

  40. Crisis after Crisis, is like the little boy crying wolf all he time. When the word wolf really applied, no one listened.

  41. admin: 8:13 am

    “If he is on the ticket in 2012 (which we have no doubt he will be) the Obama Dimocrat party is in trouble for generations.”
    ___________________

    Yes, it is refreshing to hear him speak Truth to Power.

  42. “They quoted that AA approval of Obama’s handling of the economy went from 77% in 2010 down to 50% in 2011.”
    _____________

    The only AAs Obama is interested in are multi millionaire sports athletes, wealthy, influential AAs such as Winfrey and AAs converted to Islam.

  43. “When it gets tough he hids. ”

    Or gives people the finger. Or gets the Media to do his bidding to tear down those who would oppose him.

  44. GAG alert
    Got this forwarded to me.

    As someone who got his start as a community organizer, President Obama’s entire career has revolved around the idea that ordinary people working together can do extraordinary things.

    So I hope you can take part in marking his 50th birthday next week in the way he would appreciate most: with a solid showing of grassroots action in every corner of the country.

    This Wednesday, August 3rd, campaign volunteers will get together for house meetings in all 50 states. We’ll plan local events, strategize about how to grow the campaign in our communities, and talk about how to spread the word about the President’s accomplishments to our friends and neighbors.

    Best of all, folks will also have the chance to join an exclusive live video conference with President Obama at their house meeting.

    Can you attend a house meeting in Pittsburgh? Here are the details:

    What: House meeting for President Obama’s 50th birthday

    Where:
    Pittsburgh, PA 15227

    When: Wednesday, August 3rd
    6:30 pm

    Because the President is focused on the job we elected him to do, it’s up to us to take the lead in building this organization on the ground.

    That’s why house meetings and neighborhood teams are at the core of our strategy. By building this campaign at a local level and putting grassroots volunteers in charge, we’re able to reach voters the best way we know how: through folks they know, in their own communities.

    And while there will be other chances to get involved as the campaign heats up, attending a meeting on Wednesday is the best way for you to help plan what the campaign will look like in your community in the coming weeks and months.

    It’s also the only chance you’ll have to participate in this special video conference with the President.

    RSVP here for the meeting in Pittsburgh:

    http://my.barackobama.com/Birthday-House-Meetings

    Thanks,

    Mitch

    Mitch Stewart
    Battleground States Director
    Obama for America

  45. They really do think we’re are too dumb to figure it out.

    😡

    “The topline numbers are apparently $2.4 trillion in matching spending cuts and debt-ceiling raises instead of $2.8 trillion, but now both are split into two parts.”

    That REALLY makes sense, right? SO they get to CUT whatever they want – like the NASA program – and SPEND on what they want, like more redistribution.

    FOTHERMUCKERS ALL! We’re still being ROBBED at gunpoint for more spending on what BO wants – which is destruction of the country. Honestly, I can’t stand it.

  46. I am so happy to be reading this today. This site is truely a bedrock of sanity. Admin, I nominate you for POTUS. Please consider this request. You just might be what America needs. I think so anyway.

  47. The [14th amendment] idea is backed by leading legal scholars and by PRESIDENT BILL CLINTON. [BILL] said that if he were still in the White House, he would use the amendment and “force the courts to stop me.”

    (Sanders’ web page supporting BILL’s idea.)

  48. I used the Tampa International Airport’s post office last night. While at the counter being served, a dumpy man came into the lobby and dropped something off at the counter. He then proceeded to ask the postal employees about “how they felt about all the Republican cutbacks” (or something very similar to that) trying to say that the postal employee’s jobs were on the line because of the current theatrics in DC. One of the employees answered that she did not follow what was going on, while the other employee indicated that the postal service is not funded by the government. I, on the other hand, let the dopey Democrat-braying ass have it. His dopey grin turned to a perplexed look, and then there was a couple of seconds of dead silence as everyone in the lobby just shut up. Then I went for the jugular. I think this man will think twice again about making stupid, ideological comments in front of a group that he is not familiar with. Then again, he really was rather pathetic. At the very end, we were both parked outside next to each other, I offered a quick apology for being a bit hard on him, but I added that the failure in this country is due to the failure of leadership at the very top. I then said “good night”, and left. He stood there with that dopey look on his face again.

    By the way, I through in my disgust with the stimulus bill (which he didn’t even seem to know about), and then the proposed second stimulus bill (which again he didn’t seem to know about), and finally my total disgust with the 2008 Democratic primary and how Hillary Clinton was cheated, and how she would have been an excellent president, but we ended up with the current loser. I let him know that I WAS a Democrat. When I rode away, I thought to myself “where did all that come from?” Obviously, I opened a valve to release some of the pent up disgust that I have with the political system, especially the Obamacrat party, and the lemmings who follow it. On to the next battle…

  49. I just realised how these “savings” are being defined. So if I had budgetted to buy $200 worth of groceries, and yet only spent $50 in reality, then that $150 leftover (that I never actually spent) is considered “savings” of $150.

    Who the hell in real America budgets this way? So what I thought I would be spending, but actually never spent is considered “savings” according to DC?

  50. nomobama
    Had a similar situation at a state run liquer store in PA where an individual loudly inquired of the check out clerk how he felt about the Gov. proposal to privitize(State stores are the only place you can buy liquor in Pennsylvania). Felt so bad for the poor man behind the counter. He tried fecklessly to skirt the issue but the loud mouth wouldn’t give it a rest. Don’t know what the idiot thought he would accomplish. Legally the employee of the state cannot engage in politics while on the job. As he was departing he spoke to all of us in line and paraphrased/butchered the “they came for ___, but I did not care”. The empathy for the clerk(with regards to his embarassment because of the loud mouth) from everyone in line was palpable as not only did he say that the gov’t was going to take away this man’s livlihood but also statements along the lines of what else is this guy going to do at his age. And the guy had to hear it. What struck me as funny was that the guy was wearing dickies and a t-shirt that looked like it had experienced a hard days labor, but he was buying Pinot Grigio?

  51. another article worth reading. Its long, but well worth it.

    http://www.scribd.com/doc/61315210/Hmmm-Jul-31-2011

    “Grant Williams summarizes: “So, keeping it real, what happens now? Well, the debt ceiling will get raised – most likely this weekend – and the usual photo-op of sycophants cheering and applauding behind a podium will be all over the news, but the raise will be just another step on the road to financial ruin for the United States if it continues to layer fresh debt upon existing debt as a way to solve its problems and turns to printing presses and raised ceilings as the balm of choice. In this kick-the-can culture we now live in since the events of 2008, it’s never that difficult to figure out WHAT the powers-that-be will do (simple: whatever short-term fix involves the least short-term pain to banks and to their own chances of reelection), but it seems to be getting harder to ascertain WHEN they will do it. This is all well and good, except sooner or later they will wake up and find that the adults have decided enough is enough and they’ll vote with their money…So tell me – and keep it real – would YOU lend money to a country with THOSE debt dynamics that is being run by a bunch of incompetent, bickering grandstanders if it DIDN’T possess the world’s reserve currency? Me either.””

  52. Just a reminder bambi wouldn’t go SNL in 2008 when a hurricane was impending because he said at the time it would be inappropriate, but even as he warns that the economey will collapse if he doesn’t get what he wants he plans an elaborate birthday party.
    meeeeeeeechelle tells me my kid has to do volunteer work to get college aid but as so many struggle they orchastrate across the country parties to celebrate the waffles mythology.

  53. Oh poor diddums.

    Valerie Jarrett: Obama ‘getting absolutely no sleep’ because of debt crisis

    The White House is pushing back against the growing narrative that Obama is “sitting on the sidelines,” as reported by the New York Times yesterday, and letting Congress do all the work.

    As John Boehner spent the night trying to wrestle members into place to support his debt ceiling deal, Valerie Jarret reminded reporters yesterday that it was President Obama who was losing sleep over the issue.

    “He’s getting absolutely no sleep. He’s working tirelessly, meeting with his economic team, doing a lot of outreach, exploring all kinds of possibilities for compromise,” Jarrett said.

    Chief of Staff William Daley told CNN’s Wolf Blitzer last night that Obama has issued a secret plan for solving the debt crisis.

    ……………..

    lol, i got a secret decoder too,i got mine in cornflakes. What a bunch of whining bastards.

  54. “Chief of Staff William Daley told CNN’s Wolf Blitzer last night that Obama has issued a secret plan for solving the debt crisis.”

    Moonpluto, oh my goodness,LOL! I have not had a good laugh all week until I read that one line.

  55. Henry, thanks for the gag alert. It’s good to see what the enemy is up to.

    Of selected comments, I inserted my $$$ comments.

    &&&&&&&&&&&&&&&&&
    henry
    July 31st, 2011 at 12:28 pm

    As someone who got his start as a community organizer, President Obama’s entire career has revolved around the idea that ordinary people working together can do extraordinary things.

    $$$ Groan, not that “community organizer” schtick again…$$$

    This Wednesday, August 3rd, campaign volunteers will get together for house meetings in all 50 states. We’ll plan local events, strategize about how to grow the campaign in our communities, and talk about how to spread the word about the President’s accomplishments to our friends and neighbors.

    $$$ “Accomplishments”??? For real??? First, even his own base is quietly or not-so-quietly making it known he is a sellout. Could you imagine getting together with 10 or 20 people to have some snacks and talk about “how he’s a decent man doing the best he can”, and how thrilled we are that we have, ahem, “Universal (almost) heathcare” and “economy on the rebound, prosperity is almost around the corner”??? I mean, Obama campaign thinks all these people will get together and won’t have anything to gripe about, I think they’ve misread just about everything.$$$

    Best of all, folks will also have the chance to join an exclusive live video conference with President Obama at their house meeting.

    $$$ So Obama is going to “speak to his people”…I believe they think the Little People will just be in awe that he deigned to have his mug show up on their tv screens at home. Again, its all about a cult of personality.$$$

    Because the President is focused on the job we elected him to do, it’s up to us to take the lead in building this organization on the ground.

    $$$ The Pres is SO FOCUSED on his job??? Really? Is that the job of 24×7 relaxing, golfing, vacationing, and campaigning?$$$

    It’s also the only chance you’ll have to participate in this special video conference with the President.

    $$$ Again, cult of personality. Dear Leader will look over you, and spend five minutes “revving the base”. Seriously, Obama supporters, are you stoked about Obama, and the long term prospects for the Democratic party, and the country as a whole?? Or do you just want Obama in one last time, and don’t give a damn about the Dems or the country? $$$

    Thanks,

    Mitch Stewart
    Battleground States Director
    Obama for America

    $$$ After the election, “Obama for America” grassroots was converted to “Organizing for America”. With his term barely past the half way mark, it has already reverted back to overt campaign mode, “OBAMA for America”. See, that’s how Mitchy identified it. So I’ll ask, are the funds for all this organizing coming from Obama’s war chest, or are they commingling the monies and using our tax-payers’ dollars??? $$$

  56. Representative Raul Grijalva, who heads a group of liberal Democrats in the House of Representatives, said on Sunday that he would not back an emerging debt-ceiling deal crafted by Republican and Democratic leaders.

    “This deal trades peoples’ livelihoods for the votes of a few unappeasable right-wing radicals, and I will not support it,” Grijalva said in a statement. Grijalva heads the 74-member Congressional Progressive Caucus.

  57. From CSPAN just now. Truthfully, I did not know how much to ‘grab’:

    By a count of 50 – 49, the Senate voted to not proceed on Majority Leader Harry Reid’s (D-NV) debt ceiling proposal. The vote required 60 “ayes” to clear the filibuster hurdle. Following the vote, the Senate went into recess, subject to recall by the Majority Leader. At the opening of this afternoon’s special Senate session, Leader Reid said he was “cautiously optimistic” that a debt ceiling deal could be reached soon. He was referring to a plan proposed by Sen. Minority Leader Mitch McConnell (R-KY) that would cut spending by $3 trillion over the next decade and raise the debt ceiling through 2012 in a two-stage process.

  58. rgb44hrc
    OFA is really AFO, isn’t it … America For Obama. That’s how Obie figures it.

  59. “Representative Raul Grijalva”

    Is he the same man from AZ who stole signs form that 25 yr old physicist who was running against him?

  60. Mrs. Smith 4:58
    —————–
    I had to hop back on for a second as Harry’s penchant for raising his middle finger is somewhat evident this photo you have cited. Many will recall Uppity’s infamous picture of old Harry with the third digit fully extended. In fact if Uppity sees this, she may just post it yet again!

    Over & out.

  61. All out war in the Dem Party.

    Obama’s base: We’ve been “thrown under the bus”

    Even without a debt-limit deal completed, liberal lawmakers and activist groups are already lining up against the outlines of the agreement, saying President Obama and congressional Democrats are risking Social Security while squandering a chance to force tax increases.

    “Today we, and everyone we have worked to speak for and fight for, were thrown under the bus,” Rep. Raul Grijalva, an Arizona Democrat who is co-chairman of the Congressional Progressive Caucus, said Sunday as top senators began to describe the deal they are trying to strike with Mr. Obama.

    Attention throughout the debt debate has been showered on tea party-powered Republicans, while liberal lawmakers think they’ve been ill-represented in the negotiations.

    And this weekend that frustration boiled over.

    In the House, a handful of liberal members voted against Democrats’ plan, as did Sen. Bernard Sanders, a Vermont independent who caucuses with Democrats and who had harsh words for the trajectory of discussions over the last few months.

    Mr. Sanders, a self-identified socialist, complained that in that bill, “not one penny of revenue” would be raised. Though Mr. Obama and House Speaker John A. Boehner flirted with possible tax increases in earlier talks, those have not been part of the bills on the House and Senate floors during the last two weeks, and senators said they are not part of the outlines of the final deal taking shape.

    http://www.washingtontimes.com/news/2011/jul/31/obamas-base-weve-been-thrown-under-bus/

    …………………..

    Not sure Obama is going to be able to come back from this, the mask has not only slipped, its launched onto the floor in 1000’s of pieces and the koolaid iv has been ripped from the arm.

  62. Disgraceful. Biden collecting money from tax payer for his own protection squad.

    http://www.washingtontimes.com/news/2011/jul/31/biden-charging-secret-service-cottage-rental/

    The U.S. Secret Service does more than protect Vice President Joseph R. Biden Jr. — the agency also pays him rent.

    Since April, Mr. Biden has collected more than $13,000 from the agency charged with protecting him and his family, for use of a rental cottage adjacent to the waterfront home he owns in a Wilmington, Del., neighborhood.

    Mr. Biden, listed not as vice president in federal purchasing documents but as “vendor,” is eligible for up to $66,000 by the time the government contract expires in the fall of 2013, the records show.

    Officials say the arrangement came about when a previous tenant moved out of the cottage and the Secret Service moved in.

    Edwin M. Donovan, special agent in charge at the Secret Service’s Office of Government and Public Affairs in Washington, said the agency pays $2,200 in rent per-month, the same amount a previous tenant had paid before moving out.

    …………………………………………..

    Biden’s properties subsidized on the taxpayers dime, scandalous.

  63. OFA is really AFO, isn’t it … America For Obama. That’s how Obie figures it.

    ===============

    Oh – F – Again.

  64. My Get-Rich Scheme
    Please, just let me play poker with President Obama. I’ll make millions in no time at all.
    — Krugman

  65. urgh Ramadan has arrived, 1 month of some fucker banging the hell out of a drum outside my window at sunrise, take me a few days to tune it out…lol.

  66. Senate Democratic leader Harry Reid will support the tentative debt-ceiling deal as long as other Democrats back it as well, a spokesman said on Sunday.

    …………………….

    Thats the political equivalent of Snow White, “you bite into that apple first and make sure its not poisonous”.

  67. Like we all knew.

    Scarborough: Dems Say Privately Obama Is Invisible, Not A Leader

    Mika heard two days ago on Capitol Hill Democrats all saying the same thing. And that is, this president has been invisible, he is not a leader. They said this all behind closed doors. Democratic leaders, Democratic rank-and-file.In fact, 40, 50 of the most powerful Democrats on the Hill. I will just stop right there. The complaints were all the same. The president has vanished. He has left us here alone again like he did with health care. Where is he? Now, they didn’t call him a loser, but they sure as hell didn’t call him a leader.”

    http://www.realclearpolitics.com/video/2011/07/29/scarborough_dems_say_privately_obama_is_invisible_not_a_leader.html

    ……………………………..

    I think its becoming clear the Dems want some way of removing Obama and retaining the WH, I’m really expecting a stalking horse candidate soon, they are starting to brief against him openly.

  68. Tim,

    You have seen this first hand, as a business owner. I have little financial structure knowledge but in reporting on the small area in the Catskills I have seen many businesses close over the past two years.

    From HA;

    Yesterday, analysts thought the economy was expanding by 2.5% a year. This morning, they learned GDP grew by only 1.6% in the last four quarters. This is a remarkable discovery. It’s the difference between thinking we’re expanding at a decent, if disappointing, pace, and knowing we’re growing around half our historical norm.

    Analysts also thought, as recently as twelve hours ago, that the economy declined 6.8% and 4.9% in the quarters bisected by Obama’s inauguration. It turns out the actual declines were much steeper: 8.9% and 6.7%.

    To adopt the president’s favorite metaphor of the ditch and the driver: The ditch was a 33% deeper than we thought. And we’re driving 33% slower than we hoped.

    *****************************************************************
    It’s the worst “recovery” we’ve had in the post-WWII period. Even tracked from the recovery point, this post-recession period (with revised GDP numbers) will end up worse than the double-dip recession of 1980-81 and the 9/11 recession in 2001 that destroyed a lot more than paper assets.

  69. “Not sure Obama is going to be able to come back from this, the mask has not only slipped, its launched onto the floor in 1000’s of pieces and the koolaid iv has been ripped from the arm.”

    I sooooo hope you are right.

    BTW, my deepest sympathies on the Ramadan bell.

  70. From John Batchelor via NQ:

    The surprise disappoint of 1.3% for the 2Q was matched with a shocking revision of the 1Q down from 1.9% to 0.4%. Stunner. This indicates that the 2Q will be revised downward as well once the inventory is accounted for (there is a lag); and the full extend of the slowdown in government spending (stimulus, contracts, transfers) is computed.

    My report during the week was the the 2Q could be 0.0%. Not yet. But John Taylor, Hoover, told Larry Kudlow and myself on Tuesday that even a 1.5 was the same as 0.0. A year from now, it may be that we will learn we slipped into recession in 2Q of 2011 — and that the fiddling we are watching in Washington will stand as a marker for the despair.

    Devin Nunes, CA, says we never left recession since 2009. The depths of that hole are now measured not at 4.1% negative, but at a stunning 5.1% negative. We were so far down into a crater, there is reason to believe that we have never climbed out.

    The debt games in DC will end, and yet the GDP cloud will continue. Capitol Economics from Toronto gives the best estimate for 2012 at 2.0% GDP.

    This means no recovery for the jobless and a dreadful vulnerable nation that cannot handle macro squalls such as another tsunami off of an industrial state, or another series of wars in the oil states, or any failure of governance in Europe — and all there are just as likely as not.

  71. Paleoclimate Implications for Human-Made Climate Change
    — James E. Hansen and Makiko Sato
    NASA Goddard Institute for Space Studies and Columbia University Earth Institute, New York

    ABSTRACT:
    Paleoclimate data help us assess climate sensitivity and potential human-made climate effects. We conclude that Earth in the warmest interglacial periods of the past million years was less than 1°C warmer than in the Holocene. Polar warmth in these interglacials and in the Pliocene does not imply that a substantial cushion remains between today’s climate and dangerous warming, but rather that Earth is poised to experience strong amplifying polar feedbacks in response to moderate global warming. Thus goals to limit human-made warming to 2°C are not sufficient – they are prescriptions for disaster.

  72. Get your earplugs out

    FLASH: President Obama to deliver statement at 8:40 p.m. ET: White House

  73. My guess is the asswipe will go on and try and claim credit for a bipartisan deal, he’ll say it was all him and we should bow down and thank him.

  74. the markets, the markets, the markets, they all act like the markets is some petulant child or something. You know what, instead of caring of the foot stomping of the markets, how about the right choices for the future of America and Americans and the middle class. Have a plan to reign in govt spending, strengthen SS, Medicare, more pro-growth policies, and the markets will take care of itself as the real economy will grow, expand and then lifts all boats in America.

  75. Obama is so not happy with this deal, its written all over his face, he aint crowing at all, he’s choking on this deal.

  76. I’m not watching.. If he says anything worth repeating.. please post it here, thanks-

    VA Checks are due tomorrow on the 1st.

    I don’t think Obama is going to want to see angry Boomer Vietnam Vets if their checks are not in the bank tomorrow am..

  77. honey that took all of 5 mins, he stormed on, spat out some lines without looking at the camera, really off body language and then stormed back off again, that was a “i’m pissed off having to do this” speech.

  78. He stormed off? LOL. He should be happy, now he can still go celebrate and bask in the adulation of his fans at his big birthday bash.

  79. Ohhhhhh …… I missed the fireworks. I was watching Ice Road Truckers. Talk about people who WORK for a living.

    Can someone link the clip, please?

  80. I think he will get a small bump for supposedly averting default disaster , albeit his liberal base is pissed.

  81. July 31, 2011, 8:22 PM

    Katzenberg Gives $2 Million to Pro-Obama Group

    By Danny Yadron
    A group founded by former White House aides who are working to re-elect President Barack Obama raised $3.2 million during the first half of 2011 through a small cadre of 25 donors, according to a Sunday filing with the Federal Election Commission.

    Most of Priorities USA Action’s haul came from a single, $2 million donation from Jeffrey Katzenberg, CEO of Dreamworks Animation.

    The group received $500,000 from SEIU COPE, a political arm of Service Employees International Union. Chicago philanthropist Fred Eychaner, a major Democratic donor, chipped in $500,000.

    The group was founded by Bill Burton and Sean Sweeney, former White House aides. They also started an affiliated group, Priorities USA, that does not disclose its donor list.

    The two groups are among a flock of new political action committees, working on behalf of both parties, which can raise unlimited sums from individuals and organizations. The groups are required to act independently from candidates and cannot coordinate with candidates’ campaigns.

    Jennifer Egan, author of “A Visit from the Goon Squad,” which the won the Pulitzer Prize for fiction this year, gave Priorities USA Action $250.

    http://blogs.wsj.com/washwire/2011/07/31/katzenberg-gives-2-million-to-pro-obama-group/

  82. “Jennifer Egan, author of “A Visit from the Goon Squad,” which the won the Pulitzer Prize for fiction this year, gave Priorities USA Action $250.”

    Oh, the irony.

  83. Discovered this site the other day
    BERNS REPORT Tea Party & Conservative Based News
    It’s an aggregate site like drudge
    Seems to me the DINOs and the RINOs have a lot to fear from the elected who are fulfilling the pledges they made to their constituents.
    The admin posted Rubio clip in which kerry responds to the FL Senator’s reading of waffles quotes by essentially saying bambi voted as he did and said what he did to make himself look good. Word’s don’t matter. Great ad using teh one’s scripted words against him.

    http://www.bernsreport.com/

  84. Well this would explain last night’s sullen grumpy performance.

    “Have it on solid authority that Obama threw a major shit-fit late this afternoon, eastern time, on whatever this is he agreed to as his back was against the wall because the speaker would not back down and apparently Reid and the Veep told the Prez it was over and to get over it. Developing. I should be able to confirm with sources in a few hours or by tomorrow’s show. GOP said to have got 98% of what they wanted in deal.

    Ray Appleton – KMJ Newstalk Radio Fresno.

  85. GOP said to have got 98% of what they wanted in deal.

    ================

    If so — I just hope messing with SS/Med wasn’t part of what they wanted.

    Crazy — to expect the GOP are more likely to protect SS than a Dem POTUS is!

  86. turndownobama
    All else aside is raising the retirement for those 55 and under pretty reasonable.(Sucks if you are 54.75 but you get the point) people live longer and as such retirement age should reflect that reality. I am 44 and have no expectation of getting SS– but i cannot comprehend how it could ever be privatized — what is the difference between my government telling me I must buy halth insurance under obamacare and them telling me a year down the road that i must invest with a company by law to provide for my retirement. Each command the individual to participate in commerc. How is either legal.

  87. Looks like Obie borrowed someone’s suit jacket for his prime time appearance last night. The jacket is not midnight black and it’s too big. You had to figure the announcement would be ready before the East coast went to bed; that way his audience was preserved.

  88. Knowing the way Obama thinks- if behind the scenes he was as angry as was said- his anger would be the tell if there is going to be another Budget fight before the 2012 election. That and not receiving another $400 Billion he asked for at the last minute triggering the talks falling apart last week. Obama doesn’t want a reminder of his vaunted thin skin during negotiations when he doesn’t get what he wants so close to the next election. ( To me, his demeanor would be highly volatile if it concerns him personally not us.)

    Just briefly scanning Boehner’s updated proposal. Boehner has Obama on a tight leash and accountable for his spending. Money released in a multiple step proposal.

    Boehner’s proposal was updated late last night:

    http://www.speaker.gov/UploadedFiles/3-7-31-11-Debt-Framework-Boehner.pdf

  89. So it appears, Obama got what he wanted, no Budget debate again before 2012 in turn for sacrificing what the voters want. So what was the rip roar about behind the scenes? I can’t find anything yet online with any details-

    Does Obama actually think anyone is going to forget how ineptly he handled the Budget negotiations if there is no further debate on the topic before 2012? The Republicans will use his temper tantrums and walk offs anyway in campaign ads for the duration as formidable campaign material too good to waste.

  90. holdthemaccountable, the Examiner article should be posted in full…

    Democrats put politics ahead of policy — again

    By: Timothy P. Carney | Senior Political Columnist 07/31/11 8:05 PM

    As the debt-ceiling debate wrapped up over the weekend, Democrats once again gave Republicans what they wanted on substance, in exchange for Republicans giving Democrats what they wanted on politics.

    Abandoned in the debt deal are the liberal ideal of “shared sacrifice” (i.e., tax increases) and the Keynesian tenet of government spending surges during recessions. Preserved is the political framing that helps the Democrats in the 2012 election: no more embarrassing debt-limit votes before the election, no prominent debate on a balanced budget amendment, and a stage set for some good old corporate-jets-vs.-Medicare demagoguery.

    Details of the debt deal were still being finalized as this column went to press, but it appears that the White House and Senate Democrats have agreed to up to $3 trillion in spending cuts with possibly no tax increases. On substantive grounds this is a complete Democratic surrender.

    A twitter theme started up late Saturday night with angry liberals tagging their messages “#HopeAndCave.” Chris Hayes, Washington editor of the liberal Nation magazine, wrote on Sunday, “Deal on the table is all cuts, no revenue. This is a rout.” New York Times columnist Paul Krugman, the stern parson of progressive true believers, objected on Sunday morning television that “we shouldn’t even be talking about spending cuts right now.”

    The Saturday New York Times noted that Obama has “adopted the Republicans’ language and in some cases their policies, while signaling a willingness to break with liberals on some issues.”

    The Times reporter chalked this up as an Obama tack to the center and an “appeal to the broad swath of independent voters.” But that misses the point. Obama’s repeated concessions to Republicans all have a pattern, and it’s not courting centrist voters. Rather, it’s an attempt to jockey for better position — in terms of framing and fundraising — in the 2012 elections.

    When Obama agreed during the 2010 lame-duck session to extend the 2001 tax cuts, he pushed the debate about upper-income tax rates back closer to the 2012 election.

    When Democrats and Obama gave Republicans most of what they wanted during the government shutdown debate in April, Obama drew the line at funding for Planned Parenthood — he would protect those subsidies at any cost. You could chalk this up to dogmatic dedication to abortion on demand, but more likely, Obama’s firmness on this stems from the abortion lobby’s central role in Democratic fundraising networks.

    Look at a top Democratic fundraiser and you’re likely to find someone intimately tied in with the abortion lobby. Democratic National Committee Chairwoman Debbie Wasserman Schultz is heralded by Planned Parenthood as a “heroine,” and former Democratic Congressional Campaign Committee Chairwoman Nita Lowey was similarly a Planned Parenthood favorite. Obama’s SuperPAC, Priorities USA, was seeded with money by Ellen Malcolm, founder of the pro-choice PAC Emily’s List, along with some of her richest donors. Obama’s top Texas fundraiser, Naomi Aberly, is a Planned Parenthood board member, as is Joanne Egerman, whose husband has been hosting Boston fundraisers for Obama since 2007.

    That’s just a sampling of the abortion lobby’s importance in Democratic fundraising circles. In this light, consider Obama’s willingness in April to compromise on taxes and most spending, but to stand firm on Planned Parenthood subsidies. It looks like liberal principles took a back seat to 2012 fundraising.

    And this debt deal is similarly Machiavellian: Substance was subjugated to political framing. Republicans had their demands: no tax increases, yes spending cuts. Democrats’ demands had a different tone.

    First, Democrats wanted to ensure this was the last debt-limit increase before the 2012 elections. Raising the debt limit, as Sen. Obama said in 2006, is “a sign of leadership failure” and politically unpopular.

    Second, they wanted to ensure that the right issues would be debated in the election year. A high-stakes debate over a balanced budget amendment — as required by the bill the House passed on Friday — would make it clear that Democrats, unlike most Americans, do not want a balanced budget.

    Instead, the “trigger” in the new compromise bill sets up a debate that Obama can easily cast as a fight between cutting Medicare and raising taxes on Big Oil, corporate jet owners and the richest 1 percent.

    If raising taxes on these politically disfavored classes was really the Democrats’ priority, they could have done it already — either before the 2010 elections or by driving a harder bargain in the last three budget battles. But instead, their priority is debating these targeted tax increases and pretending they will save Medicare from insolvency.

    Democrats’ willingness to compromise doesn’t reflect superior maturity to the more rigid Republicans. Quite the contrary: It reflects caring less about policy than about politics.

  91. A White House fact sheet distributed to reporters shortly after the president spoke laid down the specific elements of Sunday night’s deal to raise the debt ceiling:

    * The president will be authorized to increase the debt limit by at least $2.1 trillion, eliminating the need for another increase until 2013.

    * The first tranche of cuts will come in at nearly $1 trillion. That includes savings of $350 billion from the Base Defense Budget, which will be trimmed based off a review of overall U.S. national security policy.

    * A bipartisan committee with enhanced procedural authority will be responsible for pinpointing $1.5 trillion in deficit reduction from both entitlements and tax reform, as well as other spending programs.

    * The committee will have to report out legislation by November 23, 2011.
    * Congress will be required to vote on Committee recommendations by December 23, 2011.

    * The trigger mechanism — should the committee’s recommendations not be acted upon — will be mandatory spending cuts. Those cuts, which will begin in January 2013, will be split 50/50 between domestic and defense spending. Social Security and Medicare beneficiaries and “low-income programs” would be exempted from those cuts.

    The fact sheet goes on to note that there is another enforcement mechanism that the president possesses.

    “The Bush tax cuts expire as of 1/1/2013, the same date that the spending sequester [the trigger mechanism] would go into effect,” the fact sheet reads. “These two events together will force balanced deficit reduction. Absent a balanced deal, it would enable the President to use his veto pen to ensure nearly $1 trillion in additional deficit reduction by not extending the high-income tax cuts.”

    — Sam Stein

    http://www.huffingtonpost.com/2011/07/31/debt-ceiling-deal-reached_n_905841.html?icid=maing-grid7%7Cnetscape%7Cdl1%7Csec1_lnk3%7C82483#455_white-house-fact-sheet-lays-out-deal-specifics

  92. Oh, by the way, the Brazilians are upset about the Taxes they pay, and the leader that did all of this was uneducated union leader, with the first thing he did was give the poor people money for food and medical. However, he has been good for job growth also. American’s are working there. Amazing

  93. FLASH: House Democratic Leader Nancy Pelosi says she’s undecided on #debt limit bill, cites concerns about lack of new revenues

  94. people live longer and as such retirement age should reflect that reality

    =======================

    As for as SS is concerned, that’s a fallacy. It figures life expectancy from birth, and there is less infant and child mortality now, so the average overall is longer. However, when you figure life expectancy from, say, age 55, there is no big change. In the past, if someone lived to middle age, they had the same chance of living to very old age as we have now.

  95. I have been purposely not paying attention to keep my bp down.
    So, can someone sum up and tell me how bad the debt deal is?
    Did we lose Christmas and life as on this planet?

  96. turndownobama
    August 1st, 2011 at 12:48 pm

    people live longer and as such retirement age should reflect that reality

    =======================

    As for as SS is concerned, that’s a fallacy. It figures life expectancy from birth, and there is less infant and child mortality now, so the average overall is longer. However, when you figure life expectancy from, say, age 55, there is no big change. In the past, if someone lived to middle age, they had the same chance of living to very old age as we have now.
    ==============================================================================================================
    Whoa. Jumped the shark with that one.
    Do not even know where to begin.
    So I will not.

  97. Admin, great post as per usual. Loved the Rubio speech. And to think he did it all without a tele…imagine that.I sent it on…

    Anyone seen wbb around lately, miss his in depth analysis.

  98. Bachmann: Debt Limit Deal Means ‘We Embrace Being Greece’

    Monday, August 01, 2011
    By Nicholas Ballasy

    (CNSNews.com) – Rep. Michele Bachmann (R-Minn.). who is seeking the Republican presidential nomination, said today on Laura Ingraham’s radio show that the debt-limit deal struck by President Barack Obama and congressional leaders is “like saying we embrace being Greece.”

  99. He speaks….
    ************************************

    Mitt Romney issues his most explicit statement today on any form of debt-ceiling deal:

    “As president, my plan would have produced a budget that was cut, capped and balanced – not one that opens the door to higher taxes and puts defense cuts on the table. President Obama’s leadership failure has pushed the economy to the brink at the eleventh hour and 59th minute. While I appreciate the extraordinarily difficult situation President Obama’s lack of leadership has placed Republican Members of Congress in, I personally cannot support this deal.”

    It seems unlikely, after days of quiet on the topic, that this will quell his critics, but it’s the first real points he’s putting on the board on the issue that has dominated the news cycle. It puts him in the same column as Michele Bachmann, who is rejiggering her Iowa schedule to vote against the deal.
    Continue Reading

    Jon Huntsman supported the deal, while Tim Pawlenty hasn’t yet weighed in.

    Read more: http://www.politico.com/news/stories/0811/60374.html#ixzz1Tnh7Sb00

  100. Much more detail at the SSA site.

    http://www.ssa.gov/history/lifeexpect.html

    Life expectancy at birth in 1930 was indeed only 58 for men and 62 for women, and the retirement age was 65. But life expectancy at birth in the early decades of the 20th century was low due mainly to high infant mortality, and someone who died as a child would never have worked and paid into Social Security. A more appropriate measure is probably life expectancy after attainment of adulthood.

    As Table 1 shows, the majority of Americans who made it to adulthood could expect to live to 65, and those who did live to 65 could look forward to collecting benefits for many years into the future. So we can observe that for men, for example, almost 54% of the them could expect to live to age 65 if they survived to age 21, and men who attained age 65 could expect to collect Social Security benefits for almost 13 years (and the numbers are even higher for women).

  101. I too have become quite smitten by Marco Rubio. A breath of fresh air. VP perfect. but who on the top? Palin isn’t going to, Bachman I find off putting. Mckotter is intriguing and I like him but he lacks the visual appeal. My prayer is that the Palin/Trump/Paul indie sing and sing and use megaphones to scring outloud Enough Is Enough

  102. turndownobama
    Over the years/months I do possess a begrudged respect for you, but now you are just playing silly with data.
    COPD/breast cancer/lung cancer/prostate all treatments have expanded life expectancy by decades.
    WTF do you mean?

  103. -4.9% on RCP which is down form a high last week of -5.9. As expected, he is getting a slight bump for helping to prevent default.

  104. Hope the SSA quote above makes it clear. If not, see the SSA site for more detail. I was wrong about age 55, they say 65. But the point stands.

  105. Mrs. Smith
    August 1st, 2011 at 11:23 am

    The president didn’t get rolled… We did.

    No NEW revenue. This is going to be a disaster.
    ——–

    From what they were talking about on Fox last night, Barry is the only one that got what he wanted. His butt covered until after the election.

    American families got the shaft, and the trigger will shaft the military and the health care for seniors.

    The tiny cuts will not make a dent in the debt, and our credit rating, but at least the wealthy still have their tax breaks. 😡

    Way to go A-holes!!

  106. jbstonesfan
    nada we can do to effect the polls. What we need to do is begin screaming on a state level. I am in PA and Casey is up for re-election in 12. Washington and the blogosphere seems to agree. PA is huge with regards to the electoral college. Taking down Casey takes down teh one’s chances in PA– but so far there is zip nada about dissatisfaction with the child of a once prominent politician. he votes 100% with the dims ignoring his constituents. I say take down every dem Senator who is up in 2012 and you take down obama.

  107. Another huge consideration is hiring 60 somethings. Many corporations start weeding out folks that near 60 and hire the cheaper young people.
    —–

    people live longer and as such retirement age should reflect that reality

    =======================

    As for as SS is concerned, that’s a fallacy. It figures life expectancy from birth, and there is less infant and child mortality now, so the average overall is longer. However, when you figure life expectancy from, say, age 55, there is no big change. In the past, if someone lived to middle age, they had the same chance of living to very old age as we have now.

  108. turndownobama
    You still make zero sense even with qualifications,
    Silly to believe that people ate not getting older and living longer. Reflect for a moment, and then try your argument anew,

  109. True Henry..I have become a big Rubio and West supporter. West and Rubio are also far more supportive towards Israel than traditional democrats who are now very hostile to the Jewish state. It is ironic how Obama ignores Syria’s genocidal behavior towards it’s citizens, but throws Murbarak under the bus and goes after Quadafi who kept Islamic fundamentalism from spreading to Libya. Obama also attacks Jewish settlers who live in land that Israel has both a historic claim to as well as the fact that Israel conquered it’s enemeies and needs to maintain it’s current borders to ensure it’s survival.

  110. KRUGMAN LAMBASTS THE SPINELESS WONDER

    http://www.nytimes.com/2011/08/01/opinion/the-president-surrenders-on-debt-ceiling.html?_r=1

    The President Surrenders
    =====================

    By PAUL KRUGMAN
    Published: July 31, 2011

    A deal to raise the federal debt ceiling is in the works. If it goes through, many commentators will declare that disaster was avoided. But they will be wrong.

    For the deal itself, given the available information, is a disaster, and not just for President Obama and his party. It will damage an already depressed economy; it will probably make America’s long-run deficit problem worse, not better; and most important, by demonstrating that raw extortion works and carries no political cost, it will take America a long way down the road to banana-republic status.

    Start with the economics. We currently have a deeply depressed economy. We will almost certainly continue to have a depressed economy all through next year. And we will probably have a depressed economy through 2013 as well, if not beyond.

    The worst thing you can do in these circumstances is slash government spending, since that will depress the economy even further. Pay no attention to those who invoke the confidence fairy, claiming that tough action on the budget will reassure businesses and consumers, leading them to spend more. It doesn’t work that way, a fact confirmed by many studies of the historical record.

    Indeed, slashing spending while the economy is depressed won’t even help the budget situation much, and might well make it worse. On one side, interest rates on federal borrowing are currently very low, so spending cuts now will do little to reduce future interest costs. On the other side, making the economy weaker now will also hurt its long-run prospects, which will in turn reduce future revenue. So those demanding spending cuts now are like medieval doctors who treated the sick by bleeding them, and thereby made them even sicker.

    And then there are the reported terms of the deal, which amount to an abject surrender on the part of the president. First, there will be big spending cuts, with no increase in revenue. Then a panel will make recommendations for further deficit reduction — and if these recommendations aren’t accepted, there will be more spending cuts.

    Republicans will supposedly have an incentive to make concessions the next time around, because defense spending will be among the areas cut. But the G.O.P. has just demonstrated its willingness to risk financial collapse unless it gets everything its most extreme members want. Why expect it to be more reasonable in the next round?

    In fact, Republicans will surely be emboldened by the way Mr. Obama keeps folding in the face of their threats. He surrendered last December, extending all the Bush tax cuts; he surrendered in the spring when they threatened to shut down the government; and he has now surrendered on a grand scale to raw extortion over the debt ceiling. Maybe it’s just me, but I see a pattern here.

    Did the president have any alternative this time around? Yes.

    First of all, he could and should have demanded an increase in the debt ceiling back in December. When asked why he didn’t, he replied that he was sure that Republicans would act responsibly. Great call.

    And even now, the Obama administration could have resorted to legal maneuvering to sidestep the debt ceiling, using any of several options. In ordinary circumstances, this might have been an extreme step. But faced with the reality of what is happening, namely raw extortion on the part of a party that, after all, only controls one house of Congress, it would have been totally justifiable.

    At the very least, Mr. Obama could have used the possibility of a legal end run to strengthen his bargaining position. Instead, however, he ruled all such options out from the beginning.

    But wouldn’t taking a tough stance have worried markets? Probably not. In fact, if I were an investor I would be reassured, not dismayed, by a demonstration that the president is willing and able to stand up to blackmail on the part of right-wing extremists. Instead, he has chosen to demonstrate the opposite.

    Make no mistake about it, what we’re witnessing here is a catastrophe on multiple levels.

    It is, of course, a political catastrophe for Democrats, who just a few weeks ago seemed to have Republicans on the run over their plan to dismantle Medicare; now Mr. Obama has thrown all that away. And the damage isn’t over: there will be more choke points where Republicans can threaten to create a crisis unless the president surrenders, and they can now act with the confident expectation that he will.

    In the long run, however, Democrats won’t be the only losers. What Republicans have just gotten away with calls our whole system of government into question. After all, how can American democracy work if whichever party is most prepared to be ruthless, to threaten the nation’s economic security, gets to dictate policy? And the answer is, maybe it can’t.

  111. ROSS DOUTHAT CHIMES IN AS WELL

    Same page, more unkind analysis. Hey, I thought the NY Times was Obama-friendly.

    http://www.nytimes.com/2011/08/01/opinion/the-diminished-president.html?ref=opinion

    The Diminished President
    ====================

    By ROSS DOUTHAT
    Published: July 31, 2011

    By rights, Barack Obama should be emerging as the big political winner in the debt ceiling debate. For months, he’s positioned himself near the center of public opinion, leaving Republicans to occupy the rightward flank. Poll after poll suggests that Americans prefer the president’s call for a mix of spending cuts and tax increases to the Republican Party’s anti-tax approach. Poll after poll shows that House Republicans, not Obama, would take most of the blame if the debt ceiling weren’t raised.

    Yet the president’s approval ratings have been sinking steadily for weeks, hitting a George W. Bush-esque low of 40 percent in a recent Gallup survey. The voters incline toward Obama on the issues, still like him personally and consider the Republican opposition too extreme. But they are increasingly judging his presidency a failure anyway.

    The administration would no doubt blame this judgment on the steady stream of miserable economic news. But it should save some of the blame for its own political approach. Ever since the midterms, the White House’s tactics have consistently maximized President Obama’s short-term advantage while diminishing his overall authority. Call it the “too clever by half” presidency: the administration’s maneuvering keeps working out as planned, but Obama’s position keeps eroding.

    Start with the first round of deficit debates this winter. After the Republican sweep, the White House seemed to have two options: double down on Keynesian stimulus or pivot to the center and champion deficit reduction. Instead, Obama chose to hover above the fray, passing on his own fiscal commission’s recommendations and letting the Republicans make the first move.

    The strategy worked, in a sense. Goaded by the president’s evasiveness, Paul Ryan and the House Republicans put forward a detailed long-term budget proposal of their own, whose Medicare cuts proved predictably unpopular. But while the subsequent policy debate favored Obama, the optics of the confrontation diminished him. The chairman of the House Budget Committee looked more like a leader than the president of the United States.

    Then came the spring’s great foreign policy dilemma, the civil war in Muammar el-Qaddafi’s Libya. The president (wisely) didn’t want to put America’s blood and treasure on the line for the rebels, but he also didn’t want to take responsibility for letting Qaddafi crush the revolt. So the White House opted for a kind of quasi war, throwing just enough military power at the problem to ensure a stalemate and then punting responsibility to our NATO allies. An Obama adviser told The New Yorker’s Ryan Lizza that the president was pioneering a new American way of statecraft: “Leading from behind.”

    Again, the strategy worked, sort of. An immediate humanitarian crisis was averted, and Libya quickly fell out of the headlines. But it left Americans to contemplate a peculiar and unpresidential spectacle: The leader of the free world taking the country to war while pretending that he wasn’t, and then effectively washing his hands of the ultimate outcome — which, 135 days and counting later, is still very much in doubt.

    The same pattern has played out in the debt ceiling debate. Instead of drawing clear lines and putting forward detailed proposals, the president has played Mr. Compromise — ceding ground to Republicans here, sermonizing about Tea Party intransigence and Washington gridlock there, and fleshing out his preferred approach reluctantly, if at all.

    The White House no doubt figured that this negotiating strategy would either lead to a bipartisan grand bargain or else expose Republican extremism — or better still, do both. And again, the strategy is arguably working. Americans were given a glimpse of right-wing populism’s reckless side last week, and the final deal will probably let the president burnish his centrist credentials just in time for 2012.

    But winning a debate on points isn’t a substitute for looking like a leader. It’s one thing to bemoan politics-as-usual when you’re running for the White House. It’s quite another to publicly throw up your hands over our “dysfunctional government” when you’re the man the voters put in charge of it.

    In fairness, the president’s passive-aggressive approach is a bipartisan affliction. The ostensible front-runner for the Republican nomination, Mitt Romney, took a deliberately hazy position on last week’s crucial House debate, preferring to flunk a test of leadership rather than risk alienating either side. (The Washington Examiner’s Tim Carney quipped that “if you took Obama’s plan and Romney’s plan, and just met in the middle, you’d be in the middle of nowhere.”)

    This leaves Americans to contemplate two possibilities more alarming than debt-ceiling brinkmanship. First, that we’re living through yet another failed presidency. And second, that there’s nobody waiting in the wings who’s up to the task either.

  112. Sorry if already posted…

    White House Insider: “Everyone Stunned At How Little Barack Obama Understands”
    by Ulsterman in History, August 1, 2011

    A quick update following the almost-concluded debt ceiling negotiations paints a fascinating picture of Democrats and Republicans agreeing on one thing – the leadership fiasco that is President Obama. Democrats are so upset in fact, serious whispers of a primary challenger to Obama are now quickly spreading within the party.

    As predicted last week by our longtime D.C. Insider, the debt ceiling agreement now appears to have indeed been”all but done” days prior to its actual public conclusion. What is equally clear is just how inept Barack Obama was during the entire process – and how deep current frustrations and anger now run against the president from both Democrats and Republicans in Congress:

    __________________

    …As I told you last week, the debt ceiling deal was in fact concluded far earlier than the media reports indicated. All the drama made for good news, right? The principles were in agreement, but it was the Tea Party and far left folks who were putting up the big fight to the point of directly challenging the likes of Boehner, Pelosi, and Reid. In all my years of D.C. dealings, I have never seen so much infighting by people against others in their own political party. It was astounding to see and hear what some were saying about others over the last week or so. Both parties are going to be licking their wounds following this mess.
    Read more in History
    « Don’t be Afraid

    The one thing that almost everyone did agree with was how “idiotic”, “moronic”, “pathetic”, “self-serving”, “arrogant”, and “scary” President Obama’s role was during the process. Those are actual descriptions used against the president, and most of them came from Democrats. Everyone stunned over how little Barack Obama understands about anything. Told Harry Reid came out of a meeting with Obama over the weekend “visibly shaking” he was so angry at how little the president seemed to care about the process and related details of the agreement, and how flip and dismissive he was toward Senator Reid. “Just get something for me to sign Harry…” The primary concern of the Obama White House was the possibility of the debt ceiling issue carrying forward into the 2012 election cycle. The president and his people made that abundantly clear to anyone who would listen time after time after time.

    What’s done is done on the debt ceiling stuff. What is coming from all of it though might prove even more interesting to us who want to see Obama made a one-termer. That would be what is now very serious conversations by some high ranking Democrats, and a few powerful donors, to run a primary challenger against President Obama. This scenario has been spoken of before, but now it’s getting very very serious. Plouffe, who has all but taken over the president’s day-to-day scheduling, which is yet another clear sign that this president has totally given up even pretending that he is not already in 24/7 campaign mode, is warning Obama’s inner circle of the harm to the re-election such a challenge would inflict. Apparently the president himself remains working under the belief he is unbeatable. That no Republican no matter who it is can defeat him.

    We’ll see about that. Many of us are jumping to the other side for this election and it will definitely be my last one. Sending you a much more detailed update later this week. Keep on Gunrunner. It is developing into something far more damaging to the administration than even we initially thought possible. Oh, and the Corsi stuff that you keep pumping on me. Guess what? It was recently brought up by someone once very high up in the administration. It appears there is in fact something substantial possibly developing on that as well. Significants are working double time keeping it under wraps. That always means it is legit, and serious. Remember that scenario well back in the Clinton days. Not saying I’m jumping into the deep end on that stuff just yet, but might actually owe you that drink after all. And maybe an apology as well.

    -Insider

    Read more: http://socyberty.com/history/white-house-insider-everyone-stunned-at-how-little-barack-obama-understands/#ixzz1ToAQ3zgf

  113. ET TU, MODO?

    http://www.nytimes.com/2011/07/31/opinion/sunday/dowd-tempest-in-a-tea-party.html

    Even Modo writes unkindly about Obummer.

    Just soem of the better quotes:

    “Amid the chilling anarchy, there’s not a single strong leader to be seen — not even a misguided one. All the leaders are followers. You have to wonder if President Obama at some level doesn’t want to lead. Maybe he just wants to be loved.”

    “Democratic lawmakers worry that the Tea Party freshmen have already “neutered” the president, as one told me. They fret that Obama is an inept negotiator. They worry that he should have been out in the country selling a concrete plan, rather than once more kowtowing to Republicans and, as with the stimulus plan, health care and Libya, leading from behind.”

    “When Obama came before the cameras Friday to say that “any solution to avoid default must be bipartisan,” many Democrats wish he had just gone all unilateral and taken Bill Clinton’s advice to invoke the 14th Amendment. They yearned to see the president beat the political suicide bombers over the head with the Constitution. Impeaching a constitutional lawyer for saving the economy would be an even more difficult sell than impeaching a rogue for fibbing about a dalliance.”

  114. Good to hear that the ‘Insider’ thinks a primary against Barry the halfwit is getting a lot more attention and that Gunrunner and Corsi have a real chance and ending his administration.

  115. The one thing that almost everyone did agree with was how “idiotic”, “moronic”, “pathetic”, “self-serving”, “arrogant”, and “scary” President Obama’s role was during the process.

    Yup. Sounds about right.

  116. #
    Shadowfax
    August 1st, 2011 at 2:23 pm

    Mrs. Smith
    August 1st, 2011 at 11:23 am

    The president didn’t get rolled… We did.

    No NEW revenue. This is going to be a disaster.
    ——–

    From what they were talking about on Fox last night, Barry is the only one that got what he wanted. His butt covered until after the election.

    American families got the shaft, and the trigger will shaft the military and the health care for seniors.

    The tiny cuts will not make a dent in the debt, and our credit rating, but at least the wealthy still have their tax breaks. 😡
    _______________________

    Fox is exactly right. Barry is the ONLY one who got what he wanted. He threw the entire country under the Bus to save himself the embarrassment of another thumbs down in a Budget debate before the 12 election.

    What he has agreed to if it stands as is, is ALL CUTS and NO REVENUE coming in- that means NO NEW JOBS, NO TAX INCREASES FOR THE RICH, NO CLOSING TAX LOOPHOLES for CORPORATE GIANTS, NO NEW TAXES ON OIL COs and imposing Business KILLER Regs on Small Businesses.

    This is how our former governor ran the state and why we are at a critical crossroads.

    Don Cacieri(R) governor of RI. During his 8 yr tenure, (until replaced by Chafee) all he did for the full 8 yrs is Cut, Cut, Cut, State services until we were $528 million in the hole. Closing DMV offices around the state to save money. Going to the DMV is still a nightmare.

    He imposed a furlough on state employees for 12 days to save the state $67.8 million over the year. He and the state legislature were always at odds. Vetoing everything Gay even raising funds in his capacity as governor for Anti-Gay organizations.

    The only business I can recall him convincing to settle in RI is Gtech, the Lottery ticket pinter. Thats it!

    He was the pits. I have no idea why he didn’t have a viable Dem challenger in a Dem state.

  117. One way or another, Obie’s going to get those latino votes.
    The Justice Department has filed a lawsuit against Alabama’s new controversial immigration law, essentially fighting Alabama on grounds similar to its legal battle with Arizona over that state’s controversial law. In both cases, the Justice Department argues that the states are overstepping their authority by wading into something that is a strictly federal responsibility: immigration enforcement. Gov. Robert Bentley signed the Alabama law in June, but it’s not set to take effect until Sept. 1. The law makes it a crime to be an undocumented immigrant in Alabama and allows law enforcement to detain individuals they have a “reasonable suspicion” of being in the country illegally. The law also makes it illegal to give undocumented immigrants rides and requires school districts to check on the immigration status of students who enroll. The law is modeled on Arizona’s immigration law, parts of which have been blocked by federal court. It’s said to be the strictest state-level immigration law in the country.
    http://www.foxnews.com/politics/2011/08/01/justice-department-sues-alabama-over-controversial-immigration-law/

  118. Rumors of Serious Primary Challenge to Obama coming From Left……make of it what you will but there is serious spitting going on over Obama, many feel he needs to be taken out.

  119. Basil, who knows but it would most certainly throw him for a loop that someone dared and the weaker and weaker he gets opens the door for a certain little lady.

  120. Pingback: Barack Obama [R]

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