S&P and Moody's are the entities that Barack Obama and Democrats must convince. You think they'll be impressed by "Chicago Thug" tactics?

Barack Obama and Democrats are this time not playing to sway "The American People"; instead, they must convince S&P and Moody's of the U.S.A.'s ability to control it's out-of-control spending habits. I'm thinking it's a very tough audience indeed.

My prediction is that our credit rating gets 'dinged' down from it's AAA rating, and deservedly so, if Congress fails to get enough Senate votes to send the Balanced Budget Amendment back to the several states for ratification (the Balanced Budget Amendment would bypass Barack Obama, whose 'veto powers' can't effect the Amendment process). This Amendment is desperately needed to 'fix' our bloated economy and would also serve to force the downsizing of the out-of-control Federal government.

Unfortunately, if we did manage to get a Balanced Budget Amendment ratified, the Democratic party might cease to exist. How could they go on, without the ability to 'buy' votes using funds from public coffers, borrowed funds from other nations, and newly-printed monies for which the interest will come due only after they've left office?

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Oh, and the "Gang of Six" plan is losing steam...

The bipartisan debt limit proposal called the only one "that is going to ever pass" is increasingly likely not to, as the deadline to reach a deal rapidly approaches.

While the framework introduced by the Senate "Gang of Six" has gained the support of much of the chamber, liberal Democrats and conservative Republicans are up in arms about many of its proposals.

House Democrats are rallying against the cuts to Medicare and Social Security, while the GOP is nowhere near accepting the plan's $1 trillion in new revenues.

Even the White House stopped short of embracing the plan, first saying President Barack Obama hadn't had a chance to read it, then noting there were elements within it he was not comfortable with.

Ultimately Democrats and the White House would get behind a plan they knew could pass and could avoid default. House Republicans, on the other hand, have shown few signs of a willingness to compromise — despite Democratic concessions on entitlement reform that would normally make a GOP lawmaker salivate.

If we get 'dinged', that could mean the end of Dirty Socialisms in this here little Republic. That could only be a good thing, really.

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