Eric Cantor pushes the Speaker aside and says NO! while Obama grins and grins.

We're back in hot, sticky Maryland, but only for a week.  We always come home to high grass that needs cutting and a stack of bills.  Ugh!

Have you been followng the budget ceiling dance going on in Washington?  What a show it's been.  I have no idea what's going on, but it sure looks like Prez  Obama has painted the Republicans into a corner (by doing just what we've been saying all along, "Draw a line in the sand").  Still, I'm pretty sure any final agreement will favor the GOP and the wealthy and come down heavily on the middle class, but to be fair we should wait until we know for sure.  Maybe Obama has finally seen the light (and maybe pigs have just grown propellers).

All last week I was aflutter about this whole debt ceiling fight, but somehow over the weekend I realized there is nothing I can do about it, so why not sit back and enjoy the show?  And it's working!  This is fascinating! 

This weekend we saw Barack Obama tell John Boehner that if the Republicans are so all-fire concerned about the deficit, let's double the amount in our agreement, from a measly $2 trillion to $4 trillion, but it must include some revenue increases. 

Boehner pumped his fist and went running back to his Republican Housemates and told then the good news, but mean ol' Eric Cantor said NO!!!  He and his Tea Party thugs will ONLY accept deficit reduction through spending cuts, or no deal.  Johnny B. said, "But, guys, Barack and I have a deal.  I can't go back and say No," and burst into tears.  Eric grabbed him by the arm and said, "Then I'll go with you and tell that socialist pig, no deal!"  And that's what they did.  Barack just smiled.  And smiled. And that's where we're at.

Isn't this fun?  Sure, they're going to almost certainly screw the poor and middle class, but we knew that going in. At least now we can sit back and watch Eric Cantor push the Speaker of the House around.  We also get to watch the wealthy financiers begin to sweat as it finally dawns on them that the Tea Party that they have weaned and nurtured as a tool to make them richer is turning into an uncontrollable monster that is gleefully intent on cutting government spending by almost 50'% all at once, which will almost certainly crash our economy for years to come.  But it will show those bastards in Washington that stupid spiteful people will happily cut their own throats to make a point.

Seriously though, Greg Sargent has a pretty good roundup of what is going on behind the scenes and what it could mean.

--Trakker

Comments

[horsec]

Ye olde 'Divide and conquer'

Obama strategy, Boehner flanked.

[Trakker]

...and now McConnell folds. Not sure how it's going to end (and Obama is still on the the wrong track as I see it) but I love the way he hammered the GOP!