Who Won??

It appears that the debt ceiling crisis is over.  The Republican and Democrat leaders have come up with a compromise solution.  Personally I think the whole situation was a Tea Party hostage game.  The debt ceiling has been raise more that 70 times in the last 90 years -- why the big stink this time?  Because the Tea Party has enough members in Congress to be real obstructionist.  Even though the Republicans are in the majority in the House, the Tea Party members can keep any bill from passing by simply saying NO.  Sort of a filibuster for the House.  That's why there's no new revenues in the final solution, just cuts from the elderly, poor and middle class.

I am a little pissed at President Obama.  He should have let the Bush Tax Cut expire when he had a chance.  It overwhelming benefits rich people and is directly responsible for 3.1 trillion dollars of the national debt.  Hopefully Obama will stop trying to be a moderate conservative and get back to his moderate liberal roots.  Trying to balance the budget without increasing revenues is pure folly.

As long as the Congress produces a budget that contains more spending that revenues, our country will have to borrow money.  When I am King, I'll declare the debt ceiling process unconstitutional.  Maybe then we can get on to real problems, like JOBS, JOBS, AND JOBS.