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

Wednesday, July 13, 2011

US Default Watch, Part 5

More news from today's meetings: Obama walk out of meeting with Cantor.  Let's just say, for the sake of argument, that Eric Cantor displayed poor manners two weeks ago when he walked out of Debt Ceiling talks out of frustration with the Deomcrats' insistence on tax increases.  This prompted some Democrats to criticize the Republicans and claim that it was time for an adult moment.  Obama then gave his infamous press conference where he was perceived to be a dick. Part of that presser included Obama proclaiming himself to be a leader and provider-in-chief of...er...leadership.  A few days ago Obama said we have to eat our peas.  This week has seen Little Timmy Geithner telling everyone that the sky is falling and that it is imperative that a deal that will increase the debt ceiling be finished by next week.  Bernanke is starting new QE and hinting that we might need more stimulus (Remember that definition of insanity: doing the same thing over and over and expecting a different result?).  Yesterday Obama started in on the scare tactics of the threat of not being able to send out Social Security checks on Aug 3rd due to not having any money.  And today Obama walks out of the Debt Ceiling negotiations.  Man, you just can't buy that kind of leadership.  Also, it turns out that Obama's skin has not thickened, as he can't handle unscripted questions from the press. These are the guys who have been carrying his water for 3 years, and now he can't take their questions?! Has he ordered the removal of all the mirrors in the White House, too?

The part I found particularly interesting was the staffer who claimed that Obama lit Cantor up, and that if the nation could have only seen it, Obama would win in a landslide.  Aside from the tacit acknowledgment that Obama comes across as slightly more human than Al Gore did, this seems to be a recognition that all is not well on the re-election front, and that there is at least an admission that Obama is going to have a serious fight on his hands...and this is from an aide!

1 comment:

  1. Interesting take on the Obama aides remarks as a tacit admission that all is not well with 2012. Your blog is also one of the only ones I've seen to point out that QE3 is upon us.