[Qbert]

"One thing that I thought, especially with the freshman class, is if they supported this early budget vote and they thought that was a tough vote — just wait until the debt-ceiling vote,” said Bachmann.

- Considering that there are signs that the leadership is already planning on caving on the debt-ceiling vote, this is wise advice. Don't listen at your own peril, freshmen...

[Tigerized]

I’m tired of Meckler claiming to speak for the Tea Party.

Of course, you can’t get a concise sound bites from millions of patriots, but Meckler only speaks for himself.

No individual or organization “owns” the TP movement. It’s a bona fide grass roots uprising. As it should be.

[JOAT]

The tide of Lamestream stories continues to peddle the notion that the Tea Party is rapidly becoming irrelevant and that RINO domination is inevitable.

Go ahead and whistle past the graveyard, the tsunami of 2012 is building.

[Gasshog]

Spinless makes you flop to the floor like a jellyfish. Then you get sweeped out. Dems have no trouble pulverizing anything standing in the way. Rink and Demlite we gotta toss these jokers out if they are determined to just sit on their hands and do nothing!

[Soul Seeker]

I don’t want to primary the freshman that wouldn’t produce enough of a wave in D.C.. I want to take out Cantor and Boehner.

[dalight]

Bachmann is 100% right. The only way to save the country we live in today is to halt the criminal destruction of our economy and banking system that is being imposed on us by the Fed and the White House.

I say it is criminal because the Dollar is being systematically destroyed before our very eyes and a crisis is sure to occur not 5 years down the line but next month or in a similar short time frame..

The problem at its heart is QE2 and the course it creates that cannot be stopped without a massive interest rate shock which is now scheduled for June 30, 2011.

The underlying Commodities Prices have been responding to QE2 just like Palin said. Immediate and massive inflation:

And in June, QE2 runs out. After this, with 30% inflation already imposed on the dollar by QE2, interest rates have to rise to 20%+ to maintain the value of the principle in the first year of the note. No one who has had the first course on finance can fail to see the problem here.

The Fed isn't really auctioning anything right now.. they are buying their own Bonds and can set the rate to anything. But, this ends in June.

from: http://www.minyanville.com/businessmarkets/articles/federal-reserve-treasury-department-treasuries-bond/4/8/2011/id/33844

And as this author asks, "Who will buy the Treasury supply in July?"

The obvious answer is, no one or only fools. So if the Debt Ceiling is raised. It is a green light for QE3 and this will immediately lead to the Dollar losing "Reserve Currency Status" and the Treasury Notes of the US to lose their AAA Bond rating, if not in the newspapers, in the eyes of anyone with money to invest.

Until the whole concept of Quantitative Easying.. or to give it the real name.. Printing Money to Monitize the Debt, is taken off the table and made illegal as it is outright theft from all of the Citizens of the US as well as any Bondholder worldwide, we are screwed. This means the Debt Ceiling flight will have to be bitter, bloody and cut Deficits immediately.

If the Republican's can't find the Balls to start this process now.. when will they? After we can't buy food???????

[EternalVigilance]

No matter how many times we observe it, it’s still amazing to see how fast most of them go native.

[King_Corey]

We will remember in November, but on Tax day around here, we have the warmup to getting rid of useless RINOs.

[HarleyD]

The 2011 budget isn’t that important. But it would be a mistake to cave in on the debt ceiling. They should link Paul Ryan 2012 budget and the debt ceiling together. If they give in on the debt ceiling, Ryan’s budget is toast. The debt ceiling is the ONLY card they have to play.

[JoanVarga]

Mike Kelly puts the class in the freshman class. He takes the House to the woodshed. It's a thing of rare beauty in D.C.