Saturday, July 9, 2011

Budget ceiling prediction

The Obama Admin has very successfully rammed through crazy legislation (most popularly Obamacare) under the auspices of 'this needs to happen now or else...'. Well, today is July 9 and I believe August 2 is the deadline for the US defaulting and therefore the end of the world as we know it. I've heard on cable news that legislation will take three weeks to draft, revise, vote, reconcile and ultimately pass - accurate or not, I don't know. I'm guessing however that after the weekend we will start hearing ramped up rhetoric by Obama and his handlers about how we must forgo our principals and due diligence and sign something, quickly!, before reading it.

If the Republicans fall for it again, Obama wins, Americans lose, again.