This brilliant commission of that piece Boehner’s can put other crap up for vote, including card-check, abortion and amnesty. Score one for the Constitution, Tea Partiers.

We’ll get tax increases out of this, no doubt. If anyone doubts that the GOP will cave on the commission’s recommendations after the last two debacles, I’ve got lots of swampland to sell them.

I still don’t see an orchestrated, mass call for Boehner’s primary challenge.

They are more scared of the Leftist media and the Hill popular crowd than they are of their own constituents. Listening to the softball interviews by Rush, Hannity and others of Boehner and seeing how little our own conservative media has directed at the sell-outs on our own side, it’s little wonder.

I’m not so sure Obama is the winner. He appeared weak and very un-Presidential while Congress negotiated. He certainly was not leading. While he may have achieved his own political goals, I think he permanently lost many independents in the process.

AND, since a credit downgrade certainly seems likely, that will be pinned on him, even though he will try to blame the conservatives.

nt

This process exposed all his flaws as a non-leade: incapable of holding a strong position, incapable of sincere articulation, incapable of real charisma when it counts. A bad negotiator, a bad leader, and a man whose stewardship of both the budget and economy is abysmal.

Given how friendly the media is to him, he came out pretty bad.

Whether he escapes from another debt ceiling vote, he still ‘owns’ the deficit and it will be topic #1 in the election, along with his miserable jobs record.

Last, Obama wanted Republicans to be forced to vote for tax increases or get blamed for default. He got neither there. He may yet get it out of the commission, but its doubtful he will look any stronger due to a committee proposal.

Obama lost in this process, looked weak, peevish, and not ‘in command’. It’s not an accident that his poll numbers are a lot worse now than 3 months ago.

Obama got everything he wanted. A ceiling increase with virtually no spending impediments, propped up by smoke-and-mirror meaningless cuts. And let’s not forget the big, fat political windfall he gained by postponing any further discussion of debt and spending until after the election when he’s safely ensconced in the White House for another four years.

The GOP, conservatives and the tea party got squat.

I knew that Obama would never flinch. Why would he? He’s got the media in his back pocket promoting his case that Republicans don’t play well with others. The GOP had to be willing to go past the false Aug. 2 date to force Obama’s hand. And they weren’t. More importantly, they never established a message that gained traction or got the upper hand in the media circus.

Just once, just once, I’d like to see an elected official be willing to go through the fire without caring whether or not he or she would be reelected. This disaster convinces me more than ever term limits are essential…now.

hard to do, but his incompetence has been trumped by Macconnell– who gave away the only good card to come out of Boehner 3– ie– Obama only got 1T from b3.0 and had to come back in Spring 2012— 6!! months before election!!– looking for Dad to raise his allowance one more time.
Every president should have to run on his economic stewardship— now Obam a has another 2,800,000,000,000.00 $ !!! to squander/misallocate/ reward friends and potential voting sectorspp AT OUR EXPENSE!!. .

this bill is a disaster- we should object to the policy. the politics and the procedure..
I hope the senate consevatives attempt to replacew macconnell with jim demint. we are going backawrds under this kijd of feckless’ leadership’.
this act should more corectly be called the Barack HuseinObama reelction act of 2011

all along. Do nothing and make an attempt to look like the ” adult” in the room. It was all about him, He also wants to be able to control the narrative running up to his re-election campaign and does not want this issue coming up at that time.

He did succeed at achieving these two points, the question is whether he calculated the results accurately.

As of now, I would say he mis-calculated. First, his do-nothing approach has not helped his poll numbers, it has hurt him. He is beginning to look like a weak, entitled hack who throws a tantrum anytime anyone disagrees with him. He also appears to care very little about America’s job situation.

As for avoiding the debt issue, I am not sure that this eon’t continue to be an issue for him, If the Tea Party conservatives continue to stay on message and if the economy continues to tank, Obama will have to answer these questions.

The powers that be in Wash D C will end up committing the American taxpayer with an official debt of $20 trillion before the USA goes down. The hobbit-terrorists of the Tea Party staked its hopes, against all odds, on a GOP that would pull it’s collective head out of it’s ass for once and do what it takes. Of course, they could not find in themselves to do so. The only force that will irrevocably determine change will be an economic tsunami. They will raise taxes, they will spend more of our money, they will lie, they will boorrow until even the Chinese squirm.

All this will be forgotten by the general public in a few weeks. Most haven’t even been paying attention.

What they won’t forget is this disaster of an economy…which is heading down hill like the Energizer Bunny.

…will ensure it keeps heading south.

Just like his poll numbers

From a prior post from Mr. C.:

“Not raising the debt ceiling is unambiguously worse for the economy under all scenarios. You can disagree with that, but if you do, then I’ll ask you how many business you’ve run, how many corporate financings you’ve closed, and how many Wall St. crises you’ve lived through first hand.”

So we’ll raise it, and wait anxiously for the next urgent, drop dead date, and we’ll raise it again, and then we’ll listen to all the genius patriots on Wall Street who thought up CDO’s and begged for bailout money because WE’LL ALL DIE IF IT DOESN’T HAPPEN and have closed corporate financings and lived through Wall Street crises right there at the corner of Wall and Broadway scream the time after that about how WE JUST CAN’T STAND THE ECONOMIC HIT, and we’ll raise it again, and again and again.

$20 trillion? Do I hear $30 trillion? How about $35 trillion? Yes! There by the bronze sculpture of the bull! Do I hear $40 trillion?

Before I re-ban myself, and do not worry mods, I will, I would state that Wall Street – and yes, I know, Francis is the real deal blah blah blah – got exactly what it wanted as well. The country will not recover from this, but hey – all those guys have their millions tucked away somewhere, bottle service is back for the whores at the bars all over Manhattan and Goldman is trading at about a buck thirty-five, so if they can find an organic farmer or two to deliver food to the Hamptons or the Vineyard, what the hell, right? And if things really fly apart, isn’t Spain lovely? Care to go with me, Muffy? Mind if the Swedish maid comes too?

Congratulations, and do not try to argue for a minute that Wall Street is not joined at the hip with Obama.

Lassiez les bon temps rouler.

If I strip away all the extranea, what I’m left with here is that you think raising the debt ceiling was a bad thing to do.

Also, I’ve been working in or around Wall St. for more than 20 years now. I own Goldman stock. Although I prefer Switzerland to Spain, I get that you think people like me are part of the problem.

And of course that’s cool. But I’ve been dissed by some pretty remarkable people in my time. So far, you’re not impressing me.

EDIT: This comment is for Jack_Savage. Sorry I didn’t attach it correctly to his post.

I agree with you on the main point. The rest of the nuance will have to wait because I’m busy this afternoon but….I also lost track of the specifics and got disgusted about the quality of the reporting, which was such a personality contest/reality TV show.

If for no other reason than he stood above it, you’re correct – he was the least damaged by anything that happened. I don’t think it’s going to be a huge victory for him but he took the least flak. It would make a good Monty Python skit: in a medieval castle and all throughout its grounds, in the moat, on the drawbridge, and even inside the King’s living quarter a battle raged on, with people getting maced and sliced and diced and meanwhile the King just kind of darts around the place, calling for a little pause here and there, making a little speech, grabbing a bite to eat while the melee rages on all around him…

You know like:

One guy is about to kill another guy on the big dining room table with a huge axe and the King just darts in and says: “Uppp….wait – would you stop that for just one second please?” Incredibly, both men do, and the King yanks a tasty looking wing from a turkey and grabs a half-finished glass of wine, exiting the room. All you hear is the BANG! of the axe falling and a blood-curdling scream as the King goes back into his Study, taking a sip and admiring the bouquet.

Even the libs will start to get a clue. The progressives already know it. The GOP knows it. It has been stated by several and has even made it into the lamestream media.
BO screwed the country to get what HE wanted. “be careful what you wish for, because you just might get it”
I do not think this helps BO one bit. I think it hurts him a great deal.

(To paraphrase a certain former President.)

+Conservatives wanted a balanced budget. We received a vote on a BBA, which is worse than no vote at all. Because the amendment needs a supermajority to pass, all red-state Senate Democrats seeking reelection in 2012 have cover to vote “for” the BBA, knowing that it will still fail to pass. Far from placing them on record against a BBA, the vote will hand them talking points for the 2012 elections.

+ Conservatives wanted no tax increases. We received a commission that is tasked with spending cuts AND “tax reform.” Care to guess whose taxes will be “reformed” by that commission?

+ Conservatives wanted immediate and substantial cuts in spending. We received illusory cuts in 2013 appropriations, centered on defense and Medicare. After the Dems run tear-jerker commercials explaining that the GOP voted to kill Grandma and leave our country defenseless, the 2012 election is in play for them.

+ Conservatives wanted to defund Obamacare. We received a bill that continues all funding for Obamacare. The economic fate of the nation now hangs on the vote of Justice Kennedy in the inevitable Supreme Court review of the law’s constitutionality.

+ Conservatives wanted to defund Planned Genocide. Murder, Inc. remains fully funded.

+ Conservatives wanted to defund the Corporation for Public Broadcasting. Pravda Amerika remains fully funded.

+ Conservatives wanted to defund the National Endowment for the Arts. The Nationalist Endowment for Anti-Christian Art remains fully funded.

+ Conservatives wanted to provide a short-term ceiling increase. We received an increase that gives Comrade Obama a pass until after the 2012 election.

+ Conservatives wanted entitlement reform. We received a commission that, at best, will give lip service to entitlement reform.

+ Conservatives wanted reform that would preserve America’s AAA bond rating. With a downgrade inevitable, care to guess which party will be blamed for the downgrade?

We can debate which political party is best positioned to issue talking points claiming victory. We can debate whether Comrade Obama won anything lasting. But it is difficult to see how Americans won anything at all.

I am reminded of the famous scene in Doctor Zhivago, where Yuri Zhivago returns from the World War to the spacious family home, only to find that the Communists have turned it into a collective. Learning that his family is now relegated to one room, he acidly tells the head of the collective that “Yes, it is much fairer now.”

I may have to get back into following Glenn Beck after a 9-month hiatus from him…. He was/is into a lot more than many give credit for.

Keep an eye on the activity of the yet to be appointed 6 Dems and 6 GOP Congress members to come up with spending reductions. Should be interesting to see who is appointed and what they come up with.

Will Boehner and McConnell pick 6 Tea Partiers?

I feel as though it’s the bombing of Pearl Harbor and the beginning of food lines and hoping to have bread on the table . This guy doesn’t care about this country only the power he can maintain thru and by all his liberal idiots and he also being the puppet of others to destroy this country.
None of us get a major retirement package after the first year NOR do we get or will we get a GREAT health insurance package as will O and the rest of all the crooks in Washington. I don’t care which side of the fence they are on R or D
I do not like parties for this reason.
It’s pitting people against each other and who gets the biggest kick back out of giving in. They are not there for US but to only fatten up their pocket books while the rest of us go down the toilet. SAD
SAD, SAD DAY for this COUNTRY the UNITED STATES OF AMERICA
All this mess is the result of all of us being asleep for so long and believe we sent the right people there to represent all of us.
So many good things could have come out of this but not now possible not ever again.

but the financial markets will be the ultimate arbiter of the truth. Reality can bite.

Golly gee, who’s shocked that Fitch and Moody’s have upheld AAA, S&P to follow, you know the fix is in, the threats have been made.