This afternoon, John Boehner ended his negotiations with Barack Obama on resolving the debt ceiling issue. It has become crystal clear that Obama wants a debt crisis and never had any intention of brokering a genuine deal. Boehner says he will now ficus his efforts with Senate Democrats, whom earlier today rejected the House ′cut, cap and balance′ bill, the only legislation that has actually be written and submitted for a floor vote. Obama shot back with a quick press conference after he spent the day politicking at the University of Maryland, blaming Republicans and corporations for everything. During his presser after Boehner′s pull-out, Obama said that we have run out of time. Have we?
With the latest debt ceiling deadline on August 2, analysts saw today, July 22, as the last day for a legislative deal to begin the process of being debated and voted for. With all of the talk floating about Washington the past few weeks, only the Republicans have offered any detailed plans and only the Republicans have actually submitted a bill to be debated and voted for. Obama and the Democrats have offered nothing concrete, yet they claim that it is the Republicans who are not serious. Not acting like adults.
Naturally, Obama and the Democrats, along with their allies in the Media, are quick to place blame on the Tea Party. The White House spin machine claims that most Americans want compromise, meaning they want increased tax rates up front with mere promises of spending cuts sometime in the distant future. But in fact, most of the recent polls, including two new ones since yesterday, show that about two-thirds or more of likely voters do not want the debt ceiling raised at all. Those who do want spending cuts to play a primary role in any increase. As much as three-quarters of American likely voters want a balanced budget amendment to restrict the government from spending so much money.
The truth is, the Tea Party ARE the adults in the room! Not Obama nor any of the Democrat leadership. Just as the adult has to tell a child ″NO!″ when he or she wants a new toy or candy bar, the Tea Party is telling the political class in Washington that the game is over. They can no longer spend taxpayer money in such a reckless way. They may no longer borrow trillions of dollars from foreign banks, putting our very sovereignty at risk.
Everybody in Washington knew the federal government was going to max out the debt ceiling long ago. Obama and the Democrats did nothing about it last year following the single largest increase to the debt ceiling of $1.9 Trillion dollars in February, 2010. Even with that, they knew, given how much Obama and the Democrats have increased federal spending, that such a sum would only take them through till spring of 2011 at best. Since January of this year, while the Democrats have pretended to discuss the debt ceiling, no formal plan has ever been submitted for consideration as a vote. Just as they never submitted a budget for the 2011 fiscal year, which, by the way, ends on September 30.
Barack Obama has been the most disingenuous president in the history of the country. Nothing he says can be taken as the truth or has any value. Which is why John Boehner has finally had enough and has broken off negotiations with Obama to instead seek a resolution with Senate Democrats. Frankly, that probably won′t go very far either. But you never know, as we only need four Democrat senators to flip and actually work to find a real deal. Obama, however, does not want a deal. He is playing a dangerous game seeking a government shutdown, risking the potential of a bond rating downgrade. Obama thinks this will play well for his reelection in 2012, since he has nothing else to run on. As mentioned, even if the debt ceiling issue is resolved, we then have another budget crisis looming come October 1. Obama is in no hurry to fix that problem either.