Is the GOP going to pull off the Great Dept Crisis Caper !

Will the GOP in the House of Representatives Pull off the Great Debt Caper? Loyalty Will Decide.

Sarah Palin was quoted  “On the Record w/Greta Van Susteren” “[The president’s] getting pretty good at this fear mongering and that’s why the American public and our congressmen and women need to take a step back and be reasonable and rational.”

“[The president’s] getting pretty good at this fear mongering and that’s why the American public and our congressmen and women need to take a step back and be reasonable and rational.”

SHE IS ABSOLUTELY RIGHT!, B.H.O. is the best when it comes to fear mongering.

Republicans have been slamming Democrats on the issue over President Obama’s request to increase the nation’s $14.3 trillion credit limit.

Increasing the DEBT CEILING would be like dumping gasoline on a fire.Capitol Hill has to come to grips with the realization that They have a SPENDING problem, not a REVENUE problem !

Democrats have backed off  their calls for tax increases and have turned to (with the help of creative accounting) the idea of pairing each dollar of increased borrowing power with a dollar of spending cuts.Talk about fuzzy math.

Rep. Heath Shuler and other red-state Democrats were willing to support an austere plan to cut spending deeply, cap future outlays and enact a balanced budget amendment favored by conservative Republicans, but they aren’t willing to support Speaker John Boehner’s substitute plan for a six-month extension.WHY ?

An irony here for the most conservative members of the House is that because they oppose even the stalled “Cut, Cap and Balance” plan for being too lax on spending, they of course oppose the Boehner alternative because it is only a stopgap package of cuts. Like Rahm Emanuel after the Panic of 2008, they don’t want to waste a crisis. Plus, an immediate, 40-percent reduction in government spending sounds pretty darned good to a lot of conservatives.

But the overwhelming bipartisan majority in Congress is ready to avoid any delays surrounding the debt ceiling. They worry that world markets could crumble and that while President Obama would be the biggest loser, every incumbent would take the blame for being unable to avert a crisis.

The opposition of Rep. Michele Bachmann and others to every plan means that Democratic votes are more important when it comes down to passing any plan.

And if House Republicans destroy the alternative plan on offer from House Speaker John Boehner, the only vehicle for the final compromise will be Senate legislation offered by Majority Leader Harry Reid. Which platform do you think will be more conservative? That would not be a good thing.

For the sake of this Great Nation, God willing, the GOP will prevail !

YOURS IN LIBERTY ! ! !

Bob Yeager