[Jim Robinson]

It's not a sign of leadership failure when OBAMA does it!! It's GRATE LEADERSHIP!! Obama's leading us to the promised land.

[mlocher]

Jim — once again you are correct. However, Obama’s leadership Grates on all of us.

[Ohioan]

Note this additional fact, Jim.

The panic argument is that if we do not raise the debt ceiling--and by a huge amount--our credit will plummet. But ultimately what determines our credit worthiness is our ability to actually pay off what we borrow. The fact that the credit rating agencies have not already correctly evaluated what Obama has already done to our credit-worthiness, only reflects their hesitation to face actual reality, where the Treasury is involved.

The reality is that unless the Republicans stand fast, here, the rating will be meaningless; we will have an inflationary spiral that will guarantee that no holder of our bonds will ever see anything like the value of what he actually invested.

But what the Obamanists care about is appearances; and much of the media totally misses the real point. The reality is already much worse than the threatened downgrade would even suggest.

William Flax

[American Constitutionalist]

" It's not a sign of leadership failure when OBAMA does it!! It's GRATE LEADERSHIP!! Obama's leading us to the promised land. "

And that is how the MSM is going to portray it and sing grand praises in how DEAR Leader Mao saved the day of the " REPUBLICANS " mess of debt, and saved us from the brink of the Republicans fault of the USA almost going into default.