Tuesday, August 02, 2011

The End Game = Debt Ceiling RAISED

US Senate: Reports that the US Senate has passed the Debt Ceiling Act by 74 to 26 votes. The farce is over folks, but the fight is not, there will be more Congressional crisis to come under the Obama Presidency, you have a extreme left wing President and a right wing House, its called political gravity folks.

Debt Ceiling Passed = House

HofR: Reports that the Debt Ceiling Bill has passed the House of Representatives by 269 to 161 votes. Thus on to the US Senate then to the Oval for the signature of President Obama. The Tea Party won this folks, no tax hikes, deep cuts up front, and even bigger cuts if the Congress cant agree on more cuts by November. The political loser is President Obama, he still goes on about tax hikes, its not going to happen folks, the tea party movement would rather see the cuts in the welfare state. Thus 2012 will be tricky for President Obama, the left are fed up, and the right just want anybody else, you have to love democracy folks, one minute you’re the STAR, the next you’re an extra, hubris comes at a cost folks, and its about time Obama paid for his arrogance, being a one term President would really suit Obama, he would never understand, think Carter with charisma.