14 July 2011

Now, That's Cool

What is going on in Washington?

The President and Congress
are in a Battle.

is going to

Barack Obama makes a stand on debt and finally loses his cool:
"It has taken two and a half years, but Barack "Drama" Obama has finally lost his cool." One Cool Dude!

He didn't get his way, so he stomps his feet and runs away:
"He walked out of a meeting with Republican congressional leaders on deficit reduction, telling them "enough was enough"."

A nice southern phrase:
"In a press conference on Monday he ruled out a temporary agreement on raising the US debt limit, insisting "we might as well do it now – pull off the Band-Aid, Eat our Peas".

Over at San Francisco Chronicle, Debra Saunders, had this to say:
"Obama's Debt Ceiling "Grand Bargain" No Such Thing"
Me? I can't get past the suspicion that the "grand bargain" is one big gimmick. For one thing, Obama opposed a similar compromise in February, after bipartisan fiscal hawks Erskine Bowles and Alan Simpson released their plan to save $4 trillion. And: Obama has yet to release his plan in writing."

"Billed as the "grand bargain" - the adult compromise because it has something for everyone to hate. The package would raise the $14 trillion debt ceiling (which the public hates), raise taxes by $1 trillion (which Republicans hate) and cut spending by $3 trillion (which Democrats hate) over 10 years. As the president argued in Monday's news conference, it's time for Washington to eat its peas.

Why, even his favorite hometown of Chicago is gunning for him:
"North suburban Republican Congressman Joe Walsh has a new YouTube video on his website – where he tells President Barack Obama to “quit lying” about the impact of not raising the national debt ceiling by Aug. 2."

A Big Texan, with blazing guns smoking, gave some advice:
(regarding Obama's Social Security Threat that would compromise American Seniors and all the Americans living in Israel on pension).
"Rep. Louis Gohmert (R-Texas) advised House Speaker John Boehner to “quit believing the president” when he insists that the debt ceiling must be increased by August 2nd." ..."the fact is if he’ll do his homework he’ll find there is such a thing called the Social Security Trust fund, and the Social Security Trust fund will be able to pay seniors their checks for many months to come even if Congress does nothing.” CNS News

Why, even his own cousin could bend his ear:
The devastation caused by Obamanomics is now undeniable by Dr. Milton R. Wolf, a board-certified diagnostic radiologist and cousin of President Obama: “The eye does not see what the mind does not know.” The difference between your patient’s life and death, my professors would warn, is what you see, and you cannot see what you do not know. Barack Obama cannot see a way out of America’s current economic malaise. He should ask the Germans what they know.

"Obamanomics has produced the weakest, most anemic recovery since the 1930s, when another generation’s big-government planners turned their great recession into the Great Depression. To be fair, President George W. Bush certainly did not give the best economic handoff - he too was addicted to spending - but to be clear, President Obama has unarguably fumbled the ball. He has, to borrow his own phrase, put his “boot on the neck” of American businesses with his increased taxes and regulatory burden; he has grown government with his wildly increased spending and outright take-overs; and he has weakened the dollar with his “quantitative easing” printing press."

"One bold German economist who understood the power of freedom dared to disagree. In a swift and masterful move on June 20, 1948 - a Sunday - economic director Ludwig Erhard freed the German market (and the people) by abolishing most of the restrictive price controls and other burdensome governmental regulations while he simultaneously solidified monetary policy with the introduction of the deutsche mark. The American Keynesians and German socialists were aghast but Erhard was quickly proven right."

This is looks like the 2011
version of OK Corral

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