Saturday, January 12, 2013

Negotiating with crazy people

It appears to be official that senior Dems in the Senate are endorsing Obama's intention to just keep paying the bills even if Republicans refuse to raise the debt ceiling. Word is that Treasury has ruled out minting coins to cover the debt, even though that would be perfectly legal. Rumors continue to swirl that Obama will cave in, 'based on past performance' is their claim. The thing about that is Obama has not really given up anything so far. It sort of like the hostage negotiator, he can say what ever he wants, but it's the outcome that matters. The crazy guys in the House holding America hostage don't really have the upper hand, no matter what the talking tea bags in their head are telling them.