The Treasury says the $14.29 trillion debt cap must be raised by Aug. 2 or the government will run out of cash to pay all its bills. Mr. Obama warned in an interview with CBS News that he could not guarantee that the government would be able to send checks to recipients of Social Security, military pensions and other government benefits next month without a debt-ceiling increase. "There may simply not be the money in the coffers to do it," he said.
The bastard is playing the 'Granny Card'...
This may have been the President's strategy all along: Take the debt-limit talks behind closed doors, make major spending cuts seem possible in the early days, but then hammer Republicans publicly as the deadline nears for refusing to raise taxes on business and "the rich."
This would explain the President's newly discovered fondness for press conferences, which he has rarely held but now rolls out before negotiating sessions. It would also explain why Mr. Obama's tax demands have escalated as the August 2 deadline nears. Yesterday he played the Grandma Card, telling CBS that seniors may not get their August retirement checks. Next he'll send home the food inspectors and stop paying the troops.
The reality is that Mr. Obama is trying to present Republicans with a Hobson's choice: Either repudiate their campaign pledge by raising taxes, or take the blame for any economic turmoil and government shutdown as the U.S. nears a debt default. In the former case Mr. Obama takes the tax issue off the table and demoralizes the tea party for 2012, and in the latter he makes Republicans share the blame for 9.2% unemployment.
Mitch McConnell realizes what he's dealing with; I can't really blame him for trying his level best to come to a reasonable solution. But when you're dealing with a Dirty Socialist who's trained in all things Alinsky, who is playing the Cloward-Piven fiddle like a maestro, what else is there to do?
Republicans don't want granny to starve. That's far from a solution. What most of us want is Government slashed to bare bones; out of our lives; entire agencies defunded (the aforementioned EPA and the NEA for starters) and lots and lots of bureaucrats out of jobs (where they at least can't meddle in our private affairs).
Mitch McConnell, just before he offered this chance at a deal, stated the Truth of the Year (bolded and raised in font so's you can't miss it):
"After years of discussions and months of negotiations, I have little question that as long as this president is in the Oval Office, a real solution is unattainable."
Let's see what the House does today. I'll bet the plan as presented by Mr. McConnell is changed significantly; so that this little prezzidint-man will have to CUT, CUT, CUT! things he really doesn't want to cut.
We now know what he does want to cut, don't we?
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