Ahead of a fourth negotiating session at the White House in as many days, Senate Republican leader Mitch McConnell defended his proposal to give President Barack Obama new powers to increase the nation's borrowing limit without GOP support.
"I refuse to help Barack Obama get re-elected by marching Republicans into a position where we have co-ownership of a bad economy," McConnell said on a radio talk show, contending that letting the nation go into financial default would give Obama reason to blame Republicans for the negative fallout.
McConnell is such a spineless weasel. I mean we will eventually default on our debt anyway if we keep spending like we are now. Hell, at this rate Medicare and Social Security will be bankrupt nearly a decade before I retire. If the GOP won't fight for deep cuts in every program then who will?
I kind of understand that the GOP will be blamed for a debt default though and Obama will be a hero to the markets for marching in and invoking the 14th Amendment. I mean the market is already getting kind of antsy about a default. As we get closer to the deadline it will start to get worse and worse. A US Government Debt default is no joke.
Still a deal could have been reached without McConnell cutting out Boehner's legs like this. I guess McConnell got a call from some Wall Street Hedge funds or bankers or something that are long the market to throw water on the fire before it gets out of hand.
In any case I think it is about damn time for someone to show McConnell the door. He caved on Obamacare and now he is caving on the debt ceiling. He really isn't on the side of fiscal conservancy so what use do I have with him?
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