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By Misty - Posted on 10 July 2011
Sunday, White House meeting is over. Ran about 75 mins. President Obama will hold a press conference in the morning. Congressional terrorists leaders will return to the WH for more talks tomorrow.
The only thing Republicans would love more than cutting taxes for the rich or gutting the social safety net is to have Obama lose next year.
I hope Obama is taking notes throughout all these debt negotiations. Assuming nothing happens before Aug 2nd, he needs to put away the kid gloves, be willing to ignore the debt ceiling, and remind Americans that he is the one out there protecting Medicare and Social Security-- and that the GOP wasn't willing to give up $1 in rich people tax increases. This will be a winner for him. I think the public will understand if he tells them the deficit will have to be dealt with after 2012.
I think at this point the Republicans haveinadvertently handed Obama the best "out." Let the debt ceiling go to August 2 with no deal and Obama could order it lifted through an admittedly controversial interpretation of the 14th amendment, sec 4. Repubicans have threatened to impeach him if he does. Fine with me.
I am all for the 14th amendment gambit and an impeachment attempt.NOTHING would make this GOP appear more patently stupid, racist, ideological, and unpatriotic than an effort to impeach a president for paying our debts.
Despite the fact that no deal on the debt ceiling would mean no additional taxes, Republicans would spend the entire 2011 campaign year on the impeachment, rather than on whatever it is they think is important.
Moreover, no debt ceiling deal followed by impeachment would stop Obama from giving away dollars in key programs against pennies of very-hard-to-obtain revenue (close one loophole, open three more), which he appears hell bent on doing now.
I doubt it will go down this way but I am now 100% for no deal, Obama raises the debt by executive order, and conservative Republicans either have to make good on their promise to try to impeach him or back down.
Despite what the administration says, I think the 14th Amendment has been their backup plan all along. The President spends this time pointing out how unreasonable the Republicans are behaving, and how he wanted to cut the deficit much more than they Republicans did.
As we get closer to August 2nd, he starts talking in more detail about the consequences of default, so voters start to understand that there are real consequences to this.
The GOP is in such an idiotic position here, where it could be a lose-lose for them all around. Not only can the President emerge from this looking like the only adult in the room, but ultimately, if he gets re-elected, the Bush tax cuts get repealed, then the Republicans get NONE of what they were looking for. Cutting entitlements won't be easier as more baby boomers age, leaving even more tax increases down the road as the only way to deal with our deficit problems.
Mitch McConnell angers conservatives
Michelle Malkin: "W.T.F.?!!"
"Another mortifying McConnell head-banging-against-the-wall moment"
Well, it is time to resurrect it again to commemorate Mitch McConnell’s latest maneuver that would give President Obama new power to automatically increase the federal debt limit. It’s a convoluted way of abandoning the fight for fiscal sanity altogether and leaving the mess in the Democrats’ enhanced control. - Michelle Malkin
Erick Erickson RedState.com editor: "It's Time to Burn Mitch McConnell in Effigy." "2014 cannot come soon enough to destroy the political future of this weasel."
Mitch McConnell is right now talking about making a historic capitulation. So fearful of being blamed for a default, McConnell is proposing a compromise that lets Barack Obama raise the debt ceiling without making any spending cuts at all
In a nutshell, the President would get to raise the debt ceiling three times in the next year at several billion bucks a pop without making any spending cuts unless two-thirds of both houses of Congress disagree. In his press conference, McConnell says he would not give the President “unilateral authority to make spending cuts on his own,” but this plan would allow the President to raise the debt ceiling pretty much automatically.
Obama definitely needs a theme song ... the POTUS does have a poker face...
I'm in good mood . . .
Thank you, Mr. President!
I like peas!
Sen. Claire McCaskill (D-Mo.) slammed Republicans, claiming their internal divisions were impeding the ongoing debt-ceiling negotiations.
“I don’t know what Boehner (R-Ohio) has going on in his caucus,” she said on MSNBC's Morning Joe on Thursday. “It looks like a hot, sloppy mess.”
McCaskill also referred to Senate Minority Leader Mitch McConnell’s (R-Ky.) proposed plan to craft a fall-back position if Republicans and Democrats cannot reach a compromise on raising the debt ceiling.
"I think Mitch McConnell, frankly, has lost his mind,” she said.
Laughed so hard - "I shot peas all over my screen."
I'm glad McConnell is thinking creatively, as embarassing as his plan is. I'm not convinced it wouldn't hurt the President too badly, either, despite what he thinks.
What I do know is that the right wing blogs are tearing him apart for even considering plans that would raise the debt ceiling.
How come the left doesn't have internal strife at this level?
14th Amendment Summary: It was designed to help enforce the 13th amendment. It stated that all men born or naturalized in the United States were citizens of the U.S. and the state in which they live. Although it was made to be an addition to the Thirteenth Amendment, however, it contradicted many of the things stated in it. After the Civil War the Thirteenth Amendment to the U.S. constitution was passed to end slavery. There were many problems in the South with having blacks free and there were many laws passed such as the Jim Crow Laws, and the Black Acts. There was much debate over whether or not blacks should be able to vote. The 14th amendment was passed to declare that anybody born or naturalized in the U.S. was a citizen which was mainly targeted towards blacks.
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