Who has upper hand in debt-ceiling standoff?

In news that will undoubtedly hearten conservatives, a new CBS poll reports that just 43 percent of Americans agree with President Obama’s handling of the debt-ceiling crisis, while 48 percent disagree.

On the other hand, however, the same poll reports that 71 percent of Americans disagree with how congressional Republicans are handling the crisis, and just 21 percent agree. Even among Republicans, 51 percent disagree with how their party’s leaders in Washington are handling the crisis.

Those are remarkably bad numbers, and they’re likely to get worse for the Republicans, not better, as the deadline looms nearer and nearer. Not only are they playing a bad poker hand poorly, everyone else in the game knows they have a bad poker hand.

For example, last week Obama mentioned almost in passing that if the debt ceiling isn’t raised by Aug. 2, he couldn’t guarantee that Social Security checks would be issued on schedule the next day.

That in turn provoked a chorus of outrage from his conservative opponents, who accused him of playing politics and trying to frighten Social Security recipients who need those checks to survive. (And yes, in ordinary circumstances there would be a certain irony in conservatives casting themselves as defenders of Social Security recipients, even as they demand major cuts in Social Security. But irony is the ocean in which we swim these days.)

However, as the Bipartisan Policy Center has documented, Obama’s warning was perfectly appropriate. After Aug. 2, the Treasury will be forced to operate on a daily cash flow basis: Each day, it can spend only what it collects that day. The BPC took a look at expected daily inflows and outflows. Here’s what it found for Aug. 3:

cashflow

As the chart documents, the Treasury is predicted to collect $12 billion that day, but is supposed to send out Social Security checks amounting to $23 billion. Even if it allocated every penny of its collections that day to Social Security, it would still come up $11 billion short.

This is what the GOP has brought upon itself.

– Jay Bookman

622 comments Add your comment

Lord Help Us

July 18th, 2011
9:16 am

And Timothy Geithner stated this am that Republican leadership has given him assurances that a default is not going to happen…so much for the rhetoric…

Also, Jay, I have to point out that the fact that 51% of Republicans disagree with how their party is handling is somewhat akin to the polling on the Obama’s health care legislation. A lot of them disagree that the debt limt should be raised at all…

Granny Godzilla

July 18th, 2011
9:19 am

I can’t tell exactly who has the upper hand….but I can see the GOP is still giving us the middle finger of each hand.

USinUK

July 18th, 2011
9:20 am

GG – raucous applause

USinUK

July 18th, 2011
9:21 am

“71 percent of Americans disagree with how congressional Republicans are handling the crisis, and just 21 percent agree. Even among Republicans, 51 percent disagree with how their party’s leaders in Washington are handling the crisis.”

keep on doing what you’re doing, GOP … November 2012 is a loooooooong way off and I’m sure no one will remember this little contretemps …

Thomas

July 18th, 2011
9:22 am

I don’t know but I do know who doesn’t even come close to holding the upper hand-

The American Taxpayer

simply provide tax credits and incentives for American taxpayers to hold or buy US obligations and it would be like ants to honey. why continue to be beholden to folks who do not even care for us.

Southern Comfort

July 18th, 2011
9:23 am

Upper hand??? Upper hand???

Hell, I don’t think anybody has a grip on this situation at all. Election Year Shakespeare is why we’re in this sh*thole now. Everybody wants to posture that they’re saving the day from the other person so they can campaign on it next year. The whole time, we’ve seen a situation that was normally just another partisaned vote-casting event spiral into Death Race 2011. I would be happy if someone in DC just had a finger on this situation. Screw the upper hand because they all fail in my book.

Patrick

July 18th, 2011
9:24 am

Granny said exactly what most of us were just thinking.

Adam

July 18th, 2011
9:24 am

Enter your comments hereI was just asking this question. Cue the cons to go “Republicans have the upper hand!” and Staunch Obama defenders to say “Obama has the upper hand!” Note no one will say “The Democrats have the upper hand” and anyone who says Republicans have it or Obama has it will be labeled as someone who is pure left or right.

Not that I haven’t been labeled already, but I have already made my thoughts clear on this. As time progresses, I see one side getting stronger and one getting weaker. And the weaker side picked the fight to begin with. Their heads are spinning that they didn’t “win” like they thought they did in 2010.

FrankLeeDarling

July 18th, 2011
9:24 am

It is going to be tragic and ironic when the GOP devalue their own mountain of cash from which their power flows

Left wing management

July 18th, 2011
9:24 am

Those are remarkably bad numbers, and they’re likely to get worse for the Republicans, not better, as the deadline looms nearer and nearer. Not only are they playing a bad poker hand poorly, everyone else in the game knows they have a bad poker hand.

Everyone who’s “inside” the debate knows it, but I would argue the American public in general still don’t know it. Because the president has never actually directly addressed them to explain to them why they care about it. It’s otherwise too abstract for them to immediately grasp. So they’re in large part watching with vague indifference and irritated confusion, not really understanding what’s going on. The public continues to see it as the mere raising of a line of credit, not as a means of funding spending that has already occurred, thus avoiding default. That’s primarily the fault of the president and no one else.

USinUK

July 18th, 2011
9:25 am

thomas – if you have a 401K, you likely already DO hold treasuries (and, let’s be honest, with the FED rates so low, you’re only slightly better off holding treasuries than you are putting your $$ in a bluebook savings acct)

Adam

July 18th, 2011
9:25 am

Jay: For example, last week Obama mentioned almost in passing that if the debt ceiling isn’t raised by Aug. 2, he couldn’t guarantee that Social Security checks would be issued on schedule the next day.

Let’s be fair, he didn’t even want to say that. He was pressed by the reporter for an answer to that question.

Keep Up the Good Fight!

July 18th, 2011
9:25 am

LIAR!….why that is despicable….unpresidential.

Sorry, just thought I would get that out of the way on behave of Louie Gomer, Bachmann and Friends. :D

Southern Comfort

July 18th, 2011
9:26 am

USinner

No Red Bull, but I did change coffees this morning. I’m tired of all this bumper sticker solution crap. I’m fed up with the Left and the Right. I’d go for a resolution of No Confidence for the entire elected part of our federal government right now.

Left wing management

July 18th, 2011
9:26 am

Thomas: “simply provide tax credits and incentives for American taxpayers to hold or buy US obligations and it would be like ants to honey. why continue to be beholden to folks who do not even care for us.”

You could say the exact same thing about the Wall St. bankers who received taxpayer bailout money — and do not care a whit about the American public.

Peadawg

July 18th, 2011
9:27 am

“Who has the upper hand in debt-ceiling standoff”

Only Seabiscuits like you, Bookman, care who has the upper hand. Always trying to make it a GOP vs. Democrat thing. Who cares who has the upper hand. Get ‘R Done already.

Lord Help Us

July 18th, 2011
9:28 am

‘It is going to be tragic and ironic when the GOP devalue their own mountain of cash from which their power flows’

Aint’ gonna happen…they are playing their base like a cheap banjo…again…

And, they will swallow it hook, line, sinker…again…

larry

July 18th, 2011
9:29 am

Do you think the Repubs really care? I mean if they gave a rats behind , they would have taken the proposal the President had last week totaling 4 trillion and ran with it. Now with that off the talble , ( the Repubs want something smaller) , they still will not compromise. They would drether watch the nation go down in flames. Mr. Geithner , i would take those assurances with a grain of salt.

Road Scholar

July 18th, 2011
9:30 am

Good point GG. Has anyone totaled the contributions by party for last month/quarter to the proposed candidates for president ? I think that will answer the question!

Adam

July 18th, 2011
9:32 am

The bottom line as I see it:

Obama gets his deal, a small deal, for deficit reduction, and the debt ceiling gets raised BEYOND the 2012 elections, so it is not an issue then until he is in his second term, or another President is there and its a non issue because, well IOKIYAR.

Republicans would then have to win the House, the Senate by simple majority, and the Presidency in order to get their holy grail: ANOTHER EXTENSION of the Bush Tax Cuts (and no, they are not the Obama tax cuts and go ahead and ask an independent voter why). See, there will be no more hostage to take. Unemployment benefits for 99 weeks already expire at the end of THIS year, and the debt ceiling will have been raised, and spending will already have been cut, revenues already raised. All that is required for those cuts to expire will be to NOT vote on it.

And so, the debate will be WHO gets further cuts, rather than whether or not they should be extended. I would like to see the GOP go “We won’t extend them unless we can extend them to ALL Americans” again, knowing full well the President and Democrats can bludgeon them to death on the message that they would rather keep billionaires tax rates down, or YOU, average American, will have yours go up.

The GOP pushed for this fight, and they gave Obama and the Democrats practice at messaging. Good job, guys.

@@

July 18th, 2011
9:32 am

Of one thing we can be sure. The Democrats are lookin’ to put THEIR hand in our pocket (or shorts, as my husband would say). At least when business passes it down, I get something in return. If their price is too high, I don’t buy.

Freedom to choose.

Normal

July 18th, 2011
9:32 am

When one has his head up his butt, just what is that “upper hand” holding?

USinUK

July 18th, 2011
9:33 am

Lord Help Us – t’would be interesting to see who out of this cast of characters invested in gold before these shenanigans started … just saying.

SoCo – I dunno – I hate letting the blohards define the entire congressional body, but they do seem to suck up all the oxygen in the room

carlosgvv

July 18th, 2011
9:33 am

Jay, this is what the GOP has brought upon US. It is all too clear that what 71% of Americans think of their handling of this crisis means little or nothing to them. They are totally commited to serving their rich patrons and consider average Americans as little more than peons. And yet, most of the people who voted for them in the past will vote for them again. This is beyond my understanding.

USinUK

July 18th, 2011
9:33 am

Normal – well, we could always ask Scout, he would be the expert in that arena …

Adam

July 18th, 2011
9:34 am

Peadawg: Who cares who has the upper hand. Get ‘R Done already.

A very fair point.

Normal

July 18th, 2011
9:34 am

@@,
You don’t have much freedom to choose when it comes to food…unless you are willing to eat cat food. Many Seniors do that now with their checks.

Patrick

July 18th, 2011
9:35 am

I don’t think the Republicans realize they are kicking a huge soapbox under Obama’s feet. Come election time he will have a great vantage point from which to speak–and he is a great speaker.

Lord Help Us

July 18th, 2011
9:35 am

‘well, we could always ask Scout, he would be the expert in that arena …’

Ouch, baby, very ouch (with apologies to Austin Powers)

Tallulah

July 18th, 2011
9:35 am

Enter your comments here

Doggone/GA

July 18th, 2011
9:35 am

“Only Seabiscuits like you”

When, and why, did “Seabiscuit” become an insult?

Tallulah

July 18th, 2011
9:37 am

Now I know how that happens. :) I really don’t have anything to say. I just accidently hit “enter”. Let me have a cup of coffee and wake up and then I’ll have someting obnoxious to say.

Call it like it is

July 18th, 2011
9:37 am

“This is what the GOP has brought upon itself”

And in that one phrase you have sum up the usefulness in this blog. Its all the GOP’s fault, Dems have nothing what so ever to do with the debt crisis.

Beyond silly Bookman. And of course I’m sure your already typing away because the tea party has presented a plan. Make sure you don’t look for anything positive about it. Obama’s right and everybody else is wrong no matter what. Good Day.

USinUK

July 18th, 2011
9:38 am

“The Democrats are lookin’ to put THEIR hand in our pocket (or shorts, as my husband would say)”

um.

I think those would be two EXTREMELY different actions.

and outcomes.

just sayin.

Doggone/GA

July 18th, 2011
9:38 am

“And in that one phrase you have sum up the usefulness in this blog. Its all the GOP’s fault, Dems have nothing what so ever to do with the debt crisis”

Except that no one but YOU said that.

Peadawg

July 18th, 2011
9:40 am

“When, and why, did “Seabiscuit” become an insult?” – B/c of the war race horses have to wear blinders when walking around. It’s the same way Cynthia, Jay, Sean, and Rush act. All 4 of them are Seabiscuits.

Lord Help Us

July 18th, 2011
9:40 am

Ci(a)lis – ‘Obama’s right and everybody else is wrong no matter what. Good Day.’

You seem a little soft today…

@@

July 18th, 2011
9:41 am

Elizabeth Warren? It was her idea to create a consumer protection agency that would help people understand the impact of mortgages, credit cards and other financial tools.

Sheesh!!!!

Perhaps those things should be taught in our schools, thereby making it unnecessary to create another government agency.

Peadawg

July 18th, 2011
9:42 am

Fletch

July 18th, 2011
9:42 am

I love the mind of the politician. Only in America could we have an extended debate from our “leaders” regarding whether or not we should pay our debts. I wonder if I will be afforded the same consideration next month when it’s time to pay off the AMEX again. Maybe I could just call AMEX and tell them that I’ll pay off the charges, once I have come up with a plan that meets with my satisfaction.

Jay

July 18th, 2011
9:43 am

Well Doggone, I’ll say it:

This debt-ceiling crisis is entirely of the GOP’s making. They’re the ones who thought it was a good idea to take the nation’s economy and the full faith and credit of the US government hostage, threatening to destroy both of them unless they got what they demanded.

The rising levels of debt, etc., can of course be blamed on members of both parties. But the debt-ceiling crisis is a crisis brought about solely by the GOP as a means of political grandstanding, and they are paying the price for it.

M

July 18th, 2011
9:43 am

Peadawg, at least some of those blinders point forwards and not backwards.

USinUK

July 18th, 2011
9:43 am

“Perhaps those things should be taught in our schools, thereby making it unnecessary to create another government agency.”

if mortgages were simply 30- or 15-year fixed, I’d agree with you, but thanks to Alan “his evilness knows no bounds” Greenspan, we now have “creative” mortgages which most consumers don’t understand … and banks are coming up with new ones all the time, so schools could never keep up

Road Scholar

July 18th, 2011
9:44 am

Pea, Rush’s involvement involves the other end, not the horse’s head!

Peadawg

July 18th, 2011
9:44 am

“This debt-ceiling crisis is entirely of the GOP’s making.”

Aaaaannnndddd I stopped reading.

Brosephus

July 18th, 2011
9:44 am

USinner

I used to think that way. However, I think that if you have a position of authority and you sit idle, then you are just as responsible as the loud mouthed jackasses.

Left wing management

July 18th, 2011
9:46 am

Fletch: “I love the mind of the politician. Only in America could we have an extended debate from our “leaders” regarding whether or not we should pay our debts”

Well said.

It’s amazing. The American public has been allowed to think that this is simply a matter of extending a credit line for future spending and not, as it is, just deciding to stop paying our mortgage payments.

We’re like a family in a vicious feud over money and one faction is going to force us to default on our mortgage if we don’t acquiesce to 100% of their demands. But when the house gets foreclosed on, everyone gets thrown out of the house all the same.

Casca

July 18th, 2011
9:46 am

The rabblement hooted and clapped their chapped hands, and threw up their sweaty nightcaps, and uttered such a deal of stinking breath because Bookman wrote a column.

USinUK

July 18th, 2011
9:47 am

SoCo – 9:44 – having worked in the halls of gummint, I’ve seen that there are a lot of people who actually do the work behind the scenes … I’m thinking that’s what’s going on here, too

or I’m hoping they are, anyway

GA Voter

July 18th, 2011
9:47 am

As far as I can see, the president has the upper hand in this. As long as the GOP is insistent on slashing spending without even considering raising taxes on the people who have been getting all the tax breaks, they will have a hard time convincing people that have they have their best interests at heart. Maybe now the folks that blindly vote for republicans (I don’t bother calling them conservatives because they aren’t) will realize that what suckers they were for believing they were working for them.

M

July 18th, 2011
9:47 am

The *crisis* is the GOP’s fault, not the raising of the ceiling itself. They’re the ones whose base demands no tax raises and no compromise. A great position with which to enter a debate.

Road Scholar

July 18th, 2011
9:47 am

Brosephus: Why should someone step in when the other side is making an ass of themselves? How could President Obama save them from themselves? Why?

USinUK

July 18th, 2011
9:47 am

casca – jealous, much?

Adam

July 18th, 2011
9:47 am

Peadawg: Thank you for explaining the Seabiscuit thing. Do you also know what “yappy cup tea noodle” means? I still don’t get that one.

Fletch

July 18th, 2011
9:48 am

Peasdawg – “Aaaaannnndddd I stopped reading.”

I don’t think that Jay is stating that the actual “debt’ is soley the fault of the GOP. BOTH parties get to share in that honor. However, making the debt ceiling a point of debate in an attempt to grandstand, IS actually the GOP’s fault. The DEMS had no choice but to engage once the issue was started.

Doggone/GA

July 18th, 2011
9:49 am

“Only in America could we have an extended debate from our “leaders” regarding whether or not we should pay our debts”

Addendum: only NOW could we have, etc. Up until THIS year extending the debt ceiling has been a non-issue, housekeeping bill. No big deal.

Adam

July 18th, 2011
9:49 am

M: They’re the ones whose base demands no tax raises and no compromise. A great position with which to enter a debate.

Yeah, the problem is they think they can do it because it worked last time when it was unemployment versus the tax cuts. Now that Obama and Democrats are not caving like they did THAT time, the Republicans’ heads are spinning “What do you mean we can’t just roll over them again?”

Normal

July 18th, 2011
9:49 am

It seems to me that many of y’all out there have the impression that if the Government defaults, your life won’t be affected in any way. After all, it’s just the government. “So what if Seniors don’t get their SS checkes, they are just free loaders anyway, I got my job, I’ll be fine…”

Yeah right. If the government defaults and we go into a major ression or worse yet , a global resession/depression, chances are better than 50/50 that you won’t have a job…or unemployment checkes because of the shut down. With a shut down, there will be no governmet help what so ever. You will be completely on your own…it could very well be chaos. Just something to think about.

Bill

July 18th, 2011
9:50 am

‘Bipartisanship’ and ‘compromise’ have become dirty words with conservatives these days. They have put politics and a focus on regaining power over the financial health of the country. They defend tax breaks for the oil companies that gouge consumers at the pumps while making cuts to infrastructure, education and services lower and middle class citizens depend on. Their extreme ideology is pushing independents to the left once more.

USinUK

July 18th, 2011
9:50 am

“Addendum: only NOW could we have, etc. Up until THIS year extending the debt ceiling has been a non-issue, housekeeping bill. No big deal.”

you don’t think that the same people who brought us “show us your birth certificate” would be playing politics do you???

myohmy … I’m shocked.

ty webb

July 18th, 2011
9:50 am

Ah yes…so political posturing by both parties equals a “crisis”…atleast Jay refuses to stop waving the pom poms while “the sky is falling”…such courage!

Peadawg

July 18th, 2011
9:51 am

“Do you also know what “yappy cup tea noodle” means?”

Never head it before now.

Adam

July 18th, 2011
9:51 am

Doggone: On the subject of leadership, how do you like Boehner’s comment that “We asked the President to lead, not to give a speech” and earlier “Where is [his] plan?” and so on. I can’t be the only one who notices that they have placed deals on the table, and that the fact Obama is forcing them into a meeting room every day of the week and weekend until a deal is reached is LEADERSHIP, right?

1811/1801 - 0311/0317

July 18th, 2011
9:51 am

JAY:

1) “Who has upper hand in debt-ceiling standoff?”

Hopefully, those Americans who pay the most in taxes.

Otherwise, it’s de facto “taxation without representation” and you know where that got us.

2) Did President “O”pressor lie recently when he said 80% of Americans supported a tax hike ? Or was he just misinformed ?

Keep Up the Good Fight!

July 18th, 2011
9:52 am

@@ — Oh why its child play to understand completely how the average daily rate on your credit card is calculated on transferred balances after the expiration of the introductory rate and how it is impacted by outstanding daily balance, additional fee and, partial payments as disclosed in the fine print after the big 0% disclosure. I am sure they could teach that in kindergarten.

Actually some of those commercials from Ally Bank seem to illustrate the credit card tactics so simply even a child can understand :D

M

July 18th, 2011
9:52 am

Adam, it’s the same people who keep saying that the President or the Dems have never offered a budget and aren’t submitting any plans of their own. Facts don’t mean much to them.

Lord Help Us

July 18th, 2011
9:53 am

According to RedState’s Erick Ericson, it seems there are still just too darn many RINO’s in Congress…

I mean who knew Lindsey Graham, Saxby Chambliss and Tom Coburn are now RINO’s?!?

http://www.redstate.com/erick/2011/07/18/now-we-see-it-all-mitch-mcconnells-pontius-pilate-act-is-cover-for-tax-increases/

The tent keeps getting smaller, and smaller and smaller.

Tick…tick…tick…

RedEye

July 18th, 2011
9:53 am

if no deal is reached, the president will own the failure

although, the president did say that he wanted to “fundamentally transform” the country…this could be the “never let a good crisis go to waste” (i know that was rahm emanuel who said it, but the president agrees) moment

Adam

July 18th, 2011
9:54 am

Bill: Their extreme ideology is pushing independents to the left once more.

Good, maybe some of them will end up in the center this time.

Fletch

July 18th, 2011
9:55 am

Doggone/GA – “Addendum: only NOW could we have, etc. Up until THIS year extending the debt ceiling has been a non-issue, housekeeping bill. No big deal.”

Exactly. Take the “ceiling” part out, and it leaves “debt”. i.e. the money that we owe on things already bought. They won’t go away simply because we don’t like the idea of having to pay for them, or how the charges were racked up in the 1st place.

USinUK

July 18th, 2011
9:55 am

Scout – mind your head.

even politifact said that Obama’s central point in that statement was correct

http://www.politifact.com/truth-o-meter/statements/2011/jul/15/barack-obama/barack-obama-said-80-percent-americans-favor-both-/

Adam

July 18th, 2011
9:56 am

2) Did President “O”pressor lie recently when he said 80% of Americans supported a tax hike ? Or was he just misinformed ?

You’re misinformed. he said 80% want a balanced approach. Rated Mostly True by Politifact.

Adam

July 18th, 2011
9:57 am

Damn USinUK, you beat me to it. Also, high five. :)

Doggone/GA

July 18th, 2011
9:57 am

“I can’t be the only one who notices that they have placed deals on the table, and that the fact Obama is forcing them into a meeting room every day of the week and weekend until a deal is reached is LEADERSHIP, right?”

No, you’re not the only one to notice. As for Boehner, my reply to him would be: he IS trying to lead…but you won’t follow his lead.

Adam

July 18th, 2011
9:59 am

M: Facts mean something to them when they are supported by facts. But they aren’t so much that they often don’t bother with facts. Sometimes, they even don’t bother with facts when supported by them because of how long they have spent spreading EMOTIONAL messages rather than logical ones.

Adam

July 18th, 2011
10:00 am

Doggone: I would do this to your statement: he IS trying to leading…but you won’t try to follow his lead.

Mighty Righty

July 18th, 2011
10:00 am

For example, last week Obama mentioned almost in passing that if the debt ceiling isn’t raised by Aug. 2, he couldn’t guarantee that Social Security checks would be issued on schedule the next day.

And the social security trust fund is where?

Fletch

July 18th, 2011
10:01 am

Adam – ““We asked the President to lead, not to give a speech”

Actually, I was wondering when it became the responsibility of the President to handle all the planning. I can’t speak for government operations, but I personally couldn’t imagine my employees waiting around for me to “plan” everything for them. My response would be:

“isn’t that what you were hired you to do”?

M

July 18th, 2011
10:01 am

I’m still searching in vain for how all this lines up with Obama’s supposed goal for a socialist America.

If you took Obama back in time 30 years, gave him a generic “American” name like Steve Johnson, and put an R behind that name, nobody would even notice.

Southern Comfort

July 18th, 2011
10:01 am

USinner

I’m really counting on those behind the scene people more than ever. I think we’d be much better off getting rid of the jackasses, and just putting the behind the scene people there anyway. Either that, or a 100% merit pay scale for Congress. :)

USinUK

July 18th, 2011
10:02 am

Adam – high five right back! :-)

Doggone/GA

July 18th, 2011
10:03 am

Adam – that’ll work too!

1811/1801 - 0311/0317

July 18th, 2011
10:03 am

USinUK & Adam:

Thanks for the clarification. That doesn’t explain all of the other lies but I’ll accept that answer.

Now, any comments on my first point?

Who should decide how much tax rates should be?

Those who pay taxes?
Those who pay zero taxes?

Doggone/GA

July 18th, 2011
10:04 am

“And the social security trust fund is where?”

Treasure bonds

USinUK

July 18th, 2011
10:04 am

SoCo – “Either that, or a 100% merit pay scale for Congress”

mmm … I’d rather put them on minimum wage

Doggone/GA

July 18th, 2011
10:04 am

“And the social security trust fund is where?”

Treasury bonds

M

July 18th, 2011
10:05 am

Nobody pays zero taxes.

USinUK

July 18th, 2011
10:05 am

Scout – “Who should decide how much tax rates should be? Those who pay taxes? Those who pay zero taxes?”

no one pays zero taxes.

NO ONE

USinUK

July 18th, 2011
10:05 am

M – I owe you a coke

Adam

July 18th, 2011
10:06 am

Fletch: Actually, I was wondering when it became the responsibility of the President to handle all the planning.

*chortle* And what I find absolutely hilarious is he called their bluff on it and made them look bad while making himself look good. Again I say, good job guys. You sure know how to pick your fights!

Joe

July 18th, 2011
10:08 am

More utter ignorance from far left Jay. If Obama is winning on this issue why do his approvals continue to plummet? It’s obvious that his failure to lead is a growing sentiment among likely voters but for some reason those on the left don’t seem to realize it. If Republicans were looking so bad on this issue why it is that poll after poll they still lead in a generic matchup with a democrat? Could it be that the American people still realize that the democrat party is in complete control of those on the left and does not have most Americans values at heart? Most likely….

Granny Godzilla

July 18th, 2011
10:08 am

1) “Who has upper hand in debt-ceiling standoff?”

Hopefully, those Americans who pay the most in taxes.

Otherwise, it’s de facto “taxation without representation” and you know where that got us.

With nearly half the members of Congress being millionaires
they have plenty of damn representation -”de facto”??? my dogs butt

Adam

July 18th, 2011
10:09 am

Joe: If Obama is winning on this issue why do his approvals continue to plummet?

Funny, I didn’t think holding steady in the mid 40s was plummeting. But then, we are redfining so many words these days… like Socialist, Marxist, Communist, Fascist….

Southern Comfort

July 18th, 2011
10:10 am

Why should someone step in when the other side is making an ass of themselves? How could President Obama save them from themselves? Why?

Road

Because the end effect of them being an ass won’t end with the jackasses. The entire country will suffer because of the actions of a few jackasses. I don’t think Obama can save them from themselves, but he can step in and save US from their actions.

Part of me says that they should be allowed to totally fu*k up the country. That would once and for all put an end to this charade of “caring for the people” that they put up. It would put an end to the attempted drowning of our government in a bathtub. Instead of a long protracted death, we would have a quick and horrendously painful death right before their eyes. If they screw up the country, then the millionaires who are at fault are just as worthless as I am. I would wager that being worthless would hit them much harder than it would me, and that sinister part of me would love to watch them wallow in pain of their own creating.

The sensible part of me knows that this country can not fail economically as it would begin to drag the rest of the world with it. The sensible part of me calls them all jackasses because they should be well aware of this fact and quit the damned political posturing before they start another downward spiral of economic gloom anyway.

Southern Comfort

July 18th, 2011
10:11 am

USinner

Minimum wage is far more than what they should be paid for the crap they’ve created now. I would deduct pay for this whole debt limit fiasco.

Adam

July 18th, 2011
10:11 am

GG: Correct. There’s plenty of representation for the top 2%. It’s called money. It’s about time the other 98% got represented.

Which includes you Scout. I don’t know why you don’t want to be represented. You’re never going to be in that top 2%. Ask md about choices. Blogging on here means there is no way in hell you’re making the “choices” necessary to get in that top bracket.

Normal

July 18th, 2011
10:11 am

Granny G.

Good morning and a big, big grin to your 1008!

Left wing management

July 18th, 2011
10:11 am

Fact: the debt ceiling was raised 17 times under Ronald Reagan.

A fact that will not move cons one iota.

WOODSTOCK MIKE

July 18th, 2011
10:12 am

“*chortle* And what I find absolutely hilarious is he called their bluff on it and made them look bad while making himself look good. Again I say, good job guys.”

Funny how there are people that actually think Obama looks good these days…

USinUK

July 18th, 2011
10:12 am

SoCo – dang. I’m glad neither I nor my mister are going through border security today! ;-)