Reid Plan = Fails in US Senate

US Senate: Reports on the failure of the US Senate to close off debate on the debt ceiling plan of Senate Majority Leader Harry Reid, the vote was 50 to 49 to close debate, but sixty votes was needed end Republican opposition. The real plan is being developed by the White House and Congressional leaders, time is ticking, it should be an early vote UK time, the new plan needs the approval of both the Senate and the House.

Obama 56% Disapproval = Rasmussen Reports

Rasmussen Reports: Has it latest daily tracking poll, also not good for POTUS, in its poll of likely voters Obama has a 44% Approval rating, while 56% of likely voters disapprove of the job performance of President Obama. The Chicago Re-Election will get down and dirty next year folks, POTUS can not run on his record, it has been a disaster, the Republican nominee better have a good campaign team around him or her, the Democrats are going to make the nominee the devil in human form, they will be racist, they will make sure that the old people and families don’t have medical cover, they are only in for the rich, you get the idea folks, its old but it works, and the Democrats are in BIG TROUBLE, let the fun start in 2012 folks.

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.