Wily Demorats would have you believe that, magically, mystically, they have somehow managed to de-res the so-called “public option” out of their newest US Senate iteration of ObamaKare.
Even the Financial Times seems to think this abortion has a chance of passage.
But here’s the shocker and the right-cross and uppercut to all my Leftist readers: 44% want George Bush back, over Our Hero Mr Obama.
In a bold but risky year-end strategy, Democrats are preparing to raise the federal debt ceiling by as much as $1.8 trillion before New Year’s rather than have to face the issue again prior to the 2010 elections.
“We’ve incurred this debt. We have to pay our bills,” House Majority Leader Steny Hoyer told POLITICO Wednesday. And the Maryland Democrat confirmed that the anticipated increase could be as high as $1.8 trillion — nearly twice what had been assumed in last spring’s budget resolution for the 2010 fiscal year.
The spending goes on and on and on and on and on.
Don’t fall for it. Don’t be the rubberized Demorat Doormat.
But perhaps the biggest chill you encounter today — and during the week — should be this:
C. Fred Bergsten, former assistant secretary of international affairs for the Treasury, sounded the alarm that dollar deficits may not be funded for long by foreign nations, including China, in the Nov./Dec. 2009 issue of the Council on Foreign Relations “Foreign Affairs” magazine.
If you don’t think that one statement is a veritable heart-stopper — well, then, I suspect you’ve not been paying attention since January 20th of this year. You want debt? Read the rest of the article here.
BZ
