Tenative Debt Deal More About Taking Back The Senate

Unbelievable how Obama cracked like an egg when the heat was turned up. It is very consistent though with a thug's personality. All confrontational while holding a gun to the store clerk's head, only to wet his pants when the cops show up.

New Taxes-cave in

Balanced Budget Amendment-cave in

More cuts than spending-cave in

Question of the Day-How do you get "satan sandwich" from "s**t sandwich"?, The Left again proves their math is fuzzy. Bon Appetite guys, this meal's for you, no food stamps required; eat alllll you want. (Dontcha feel like laughing at'em)

Bernie Sanders and pals must be asking "Who is this Obama guy? Is he actually a Tea Party double agent?" No, to the Tea Party thing, we wouldn't have the puke, but it is a funny thought nonetheless. Joke's on the Socialists!!!

The "deal" I'm crowing over, isn't signed sealed and delivered yet, but it's looking that way, so I'll press on with my futuristic projections. Forget about the dollars for a minute. Obama just guaranteed the Dems the loss of the Senate. Wrongway Obama, is again asking a house of congress to walk the plank, ultimately with nothing to show for it. What ObamaCare did for the House of Representatives in 2010, Obama's Debt Deal is going to do the Senate in 2012. Obama will not go unscathed. Snakes are turning on each other in their dens, venom for venom.

Say what you will but this is a major strategic victory for the Tea Party. From a tactical standpoint might not even characterize this a tactical victory, but rather a tactical draw, because the balanced budget amendment isn't a mandatory aspect of this deal. However getting these anti America types on record IS what makes this strategic. Dopie Dope who never gets past the funny pages, will be able to fathom what took place in August, when it is explained to him during the election year, that the Left can't run a household's worth of finances, without the help of bankruptcy laws.

The balanced budget amendment will get passed in the 2012 presidential cycle, pretty bold predicting considering Washington's track record, but what makes me able to go out on that limb of ultimate disappoint, is the People are finally fed up and will tolerate no less than a permanent fix.

As far as the so called spending cuts in this deal, they are underwhelming; ten years of added net trillion dollar annual deficits, who could find that appealing? If it were up to me, the wrecking ball would be working overtime, forget the scalpel approach. But there is a silver lining in all of this madness.

Think about this example,- A young couple starting out in the 1960's really over extended themselves and purchased a new home for $20,000. That home was 3 times their annual salary. Pay raises and 3% average inflation over 30 years, lessened the financial hardship though, as the house was valued at $60,000 in 1990, and their income went from $7,000 a year in 1960 to $ 28,000 a year in 1990 and they were able to payoff their mortgage by the end of the 30 year loan.

The national debt is $14.5 trillion today, ten years from now under the present plan it will grow another $10 trillion to $24.5 trillion by 2021. But 10 years worth of inflation at 3% will erode 30% of it. Making the true number, $17 trillion in 2011 dollars. By passing a balanced budget amendment we can let father time do his thing on the remainder of the national debt. By 2040 the 450 million Americans living then will be wondering what all the fuss was about back in the turn of the century, and someone in a future Age will unearth this blog post and marvel at the economic foresight of some guy named Steve.

Steve