Obama 52% Disapproval = Gallup

Gallup: Reports on its latest daily tracking poll on the job performance of President Obama, today POTUS has a 40% Approval rating, while 52% of average US voters disapprove of the Obama record. This will send nerves sky high in the White House folks, the lower the Obama approval, the lower his power over Congress, the debt ceiling crisis seems to have hit POTUS badly, the Tea Party movement has gotten its demand for no tax hikes and the real power is in the Congress. But if there is a deal then Obama can bounce back, cuts and the issue will be off the table for next year, a year and a half is a long time in politics folks. Lets recall President Reagan was down to 35% in one poll and came back and crushed Walter Mondale.

Payback to Senator Reid = Debt Ceiling

HofR: Reports on the rejection by the House of the Reid Plan by 243 to 173. Thus after the games of the House and the Senate, back to the House, we have the real deal business going on at the White House, it seems that there will be a 2.4 trillion raise in the US debt ceiling, with around equal or higher cuts, the demand of the Tea Party Movement. The devil is in the details folks, lets see the small print, is this a real deal or PR by the Beltway leaders.

Deal by Tuesday?

Telegraph: Reports that the Oval and Congressional leaders are talking about raising the debt ceiling by 2.4 trillion with no tax hikes. This is phoney folks, the Credit Agencies might downgrade the credit rating of the US anyway, the theme from Agencies is that anything under 4 trillion in cuts does not pass the smell test, thus a 2.4 trillion raise in the debt ceiling and equal cuts is nothing, the US has a 14 trillion debt folks, there have to major trillion cuts in the US Budget, or the US will go the way of Rome and the British Empire, in the end broke.

Debt Ceiling Crisis = Tuesday ?

BBC News: Reports that both Democratic and Republican Congressional Leaders have expressed caution hope that the debt ceiling will be raised by Tuesday. The Tea Party movement should keep a close eye on Republican leaders, they should not be allowed to sell out the Republican Agenda as way of doing business as usual in Washington D.C, the US will not default on Tuesday folks, these are scare stories from the Democrats and liberal left wing media, the Republicans should hold their nerve and their ground on the debt ceiling.

Reid Plan = DOA in House

The Hill: Reports that the Debt Ceiling Plan by Senate Majority Leader Harry Reid is dead on arrival in the US House of Representatives. This is political games folks, the Republicans are not going to give the Democrats any victories, thus the Reid plan if it gets out of the Senate is dead in the House, very much waste of paper. The Republicans as stated should hold fast, if need be take it past default, make the Democrats pay the political price, its hardball time folks.

Boehner Plan = DOA in Senate

US Senate: Reports that the Senate has voted down the Boehner Plan by 59 to 41 votes. Reports that the Senate has voted down the Boehner Plan by 59 to 41 votes. Thus as stated we are in to back room deals, the Republicans should hold fast, force the Democrats to come up with a plan, defeat that in the House and then demand a majority of cuts, and that should not include Defence. If the Democrats want to play hardball then lets play hardball, take it down to the wire, the US will not default folks, the last time this blog looked the US Government was still getting taxes, thus enough to pay US bonds, defence, welfare etc. Lets see how it shakes out, the US will not go over a cliff folks what ever liberals think, lets play Chicago rules folks. The winner is the last Party standing.

Boehner Plan = House Result

HofR: Reports that the House has passed the Boehner Plan by 218 votes to 210. The plan of Speaker Boehner now goes to the US Senate, there the Democrats have said that the plan is dead on arrival, the Reid plan is also expected to fail in the US Senate. Thus we come down deal making, the Republicans should demand a majority of the Boehner plan, even deeper cuts, and only give the debt ceiling extension till the day after the 2012 election. The Republican have a strong hand, the Tea Party movement should keep an eye on the Republican leadership in Washington D.C, they should not be allowed to sell out the Republican Party or the voters for some shabby Beltway deal. Thus folks phone, fax, email, tweet your Congressional Representative, keep them on the straight and narrow folks.