How the Hobbits Take Washington � ~ BLOGGER.GUNNY.G.1984 ~ (BLOG & EMAIL)

How the Hobbits Take Washington � ~ BLOGGER.GUNNY.G.1984 ~ (BLOG & EMAIL):

"How the Hobbits Take Washington

August 1, 2011 Gunny G

The United States Congress will not pass a balanced budget amendment unless they have a gun to their head — and I think the debt ceiling negotiations has been rare opportunity to get all balanced budget on them.

There are two things wrong with the likely outcome of the debt ceiling agreement; 1. Any agreement that Harry Reid and Barack Obama are willing to sign will create election year discord among Republicans and 2. No matter how high they set the ceiling, Congress is sure to hit it by 2013.

I believe it was that great Democratic philosopher Rahm Emanuel who advised mankind that “You never want a serious crisis to go to waste.” And what could be a greater crisis for Washington than running out of spending cash?"...............