Friday, July 15, 2011

McConnell’s Uber-Clever Debt-Deal Stratagem

Larry Kudlow   "Sen. Mitch McConnell’s grand design may prove to be more powerful than people think."
....
"Other Republican sources are telling me they do not want to risk the destruction of the dollar as the world’s reserve currency by allowing a debt default or a downgrade. Eighty million checks have to go out. Otherwise the GOP could be blamed.
"So one way or the other the tide is turning toward a deal. Credit McConnell’s uber-clever stratagem."


Napoleon Obamapart by Alexander
 Hunter for The Washington Times

Obama Owns the Debt-Ceiling Fiasco  "His tone also hasn't helped achieve a comprehensive agreement. The president's two most recent press conferences, in which he accused the GOP of foot-dragging, convinced Republicans that he was interested in scoring political points and attracting independents, not facilitating a deal. Convening high-profile White House meetings without offering substantive concrete proposals and then having his aides leak madly (and inaccurately) to the press afterward further squandered trust."  Karl Rove.

Obama’s Waterloo; By overreaching, the president has positioned himself for defeat:  "Republicans have a golden opportunity to break Barack Obama’s presidency, ensuring he will be a one-termer. Mr. Obama has backed himself into a corner on the debt-limit talks; the GOP can smash his re-election prospectsif they have the will - and intelligence - to do it"

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