But the Conquered, or their Children, have no Court, no Arbitrator on Earth to appeal to. Then they may appeal, as Jephtha did, to Heaven, and repeat their Appeal, till they have recovered the native Right of their Ancestors, which was to have such a Legislative over them, as the Majority should approve, and freely acquiesce in.
-John Locke

Tuesday, July 12, 2011

US Default Watch, Part 5

Looks like we're playing a game of chicken, folks. 

From The Oval:
        Just hours before another White House meeting, the top two Republicans in Congress blasted President Obama today for a debt reduction proposal they say is more specific about taxes than actual budget cuts.       "In my view the president has presented us with three choices," said Senate Minority Leader Mitch McConnell, R-Ky., referring to efforts to raise the $14.3 trillion debt ceiling. "Smoke and mirrors, tax hikes, or default."
"Republicans choose none of the above," McConnell said. "I had hoped to do good; but I refuse to do harm."
        Meanwhile, House Speaker John Boehner, R-Ohio, demanded more specifics from Obama, saying, "Where's the president's plan? When's he going to lay his cards on the table?"
"This debt limit increase is his problem," Boehner said. "I think it's time for him to lead by putting his plan on the table, something that the Congress can pass."

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