[plain talk]

If true this is a good sign. The debate needs to be about the level of cuts without any tax hikes. The amount is important but not as important as ensuring we frame the debate for 2012.

The storyline for 2012 is that the dems have been running spending us into oblivion and now it is the Republicans turn (to spend us into half an oblivion).

[Pebcak]

I think the story line for 2012 will be the Repubs are “unreasonable obstructionists” being controlled by the lunatic fringe AKA the Tea party.

I think Obama is going to raise the DC by Executive order even though it's not constitutional.

He's probably getting assurances from the Dems - especially Reid - that he won't let impeachment proceedings happen in the Senate.