Friday, July 29, 2011

OBAMA'S GOT THIS

Now that the President has patiently & methodically exposed
Tea Party House Republucans as the irrational obstructionists he
knew they were, he is finally ready to take things into his own
hands.
Many liberals and Progressives have lamented for weeks that
Obama was betraying the very principals upon which he was elected.

But I was never worried.
I had seen and paid attention to Tea Party candidates, and I
took them at their word. It was clear to me--and, apparently, to
the President--that they would risk even default in order to
bring Obama down.

Few of the House Republican freshmen even understood the Debt Ceiling. It probably sounded to them like more tax money to use on bigger government. Many of them still don't grasp that it only means that we agree to pay the debts we have already incurred.

So they played into Obama's hands by insisting that the Debt Ceiling be tied to a budget bill. At first, they insisted that the bill consist of 87% cuts in spending and 13% revenue increases, remember?
Obama offered 85-15. The Republicans rejected it. As he came closer to their position, they panicked and insisted on 100% cuts with NO revenue.

Obama played along, offering massive cuts in Social Security, Medicare, and Medicaid. Liberals were apoplectic. The President took fire from all sides.
But he always said that "nothing is agreed to until everything is agreed to."

If there had been no White House budget negotiations; if the President had not called the leadership of both parties together day after day, for long hours of contentious haggling, the American people would never have learned the truth: that the Republicans never had any intention of accepting a deal from the President they have repeatedly vowed to defeat.

President Obama, a constitutional lawyer who was president of the Harvard Law Review,
used their principaled embrace of Grover Norquist's "no taxes" pledge to offer deals in
those negotiations that he knew they couldn't accept and that he knew he'd never have to honor.

Now that the House of Representatives has failed for the second time to pass a budget bill
that will pass the Senate, Obama seems more likely to get what he wanted in the first
place--a one-page, no frills, "clean" bill that does absolutely nothing except raise the Debt Ceiling.

If he doesn't get that, he will probably raise the Debt Ceiling on his own under a provision in the 14th Amendment.

That would no doubt cause great consternation; possibly even threats of lawsuits or impeachment.

But it would save the country's economy.

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