FUBAR: Debt Ceiling Debate

Dear Readers: Profit-center activities have kept me from opining regularly this week, which is a good thing. I do not think I have ever been more disgusted with the Ruling Class and the elite media during my lifetime than I have been this week, and it would have shown. Reading the comments from fellow citizens across this country, I came across the acronym FUBAR (fu##-ed up beyond all repair). That is the most succinct description of the debt ceiling situation.

All this drama, and in the end, it looks like our country’s AAA rating is still going to go down the crapper! Why? Not because of the chimera of the “debt ceiling”, but because most sensible financial institutions see the obvious — there are no controls on spending and no accountability for where the money is going or to whom.

Most of us Tea Party types have been anticipating that there will no be spending cuts and reductions in governmental control while the current crop of golf-playing establishment types are in charge. My disdain includes BOTH PARTIES. I will note that the Tea Party is now being blamed because we actually are holding all of our elected representatives accountable for this financial monstrosity — created by decades of back-room money “mulligans“. Dawn Wildman, President of the SoCal Tax Revolt Coalition (San Diego’s Tea Party Patriots), had this to say:

Minimal political fallout seen locally in debt debate

Dawn Wildman, president of the SoCal Tax Revolt Coalition, said there remains a misconception that members of the tea party were reluctant to support a plan that cut spending, capped future outlays and balanced the budget. That’s because the plans were tied to raising the debt ceiling, she said.

“We know the debt ceiling is going to get raised. We’re not living in a fantasy land,” said Wildman, also a state co-coordinator for the Tea Party Patriots. “But somebody has to stop, take a deep breath and say ‘You know, sometimes standing on principle matters.’”

Those who don’t, she added, would be held accountable.

When she was in a meeting with Sen. Mitch McConnell, author of the truly vile plan that would have placed “wet-blanket” Obama in charge of the debt ceiling level, his staffers all but ignored her. Our DC elites are quite upset we “Country Class” rubes, who actually have to balance our budgets, are trying to “play through” on this course.

Like many other Americans, including the inimitable Smitty of the Other McCain, I suspect the debt ceiling debate will slide past Aug. 2nd with a lot more drama and very little results. Meanwhile, the unexpected will continue to occur.

Meanwhile, many aspects have gotten lost in this hyped-up production.

Obamacare, anyone?????

Beers with Demo offered this chart, as a reminder of exactly how much a “wet blanket” Obamacare has been on real employment.

I thought the Nov. 2010 election sent people into Congress whose main focus would be on Obamacare’s repeal (or at least defunding, until a new President in 2013 could actually repeal it). WHY IS THERE NO MENTION OF OBAMACARE? WHY IS THE FUNDING FOR THIS NOT BEING NAMED AS PART OF ANY TRIMS ON THE SPENDING BEING OFFERED???

Furthermore, here is something Congress needs to know: A REDUCTION IN ANTICIPATED SPENDING IS NOT THE SAME THING AS A SPENDING CUT. That dog just won’t hunt anymore, so don’t embarrass yourself when trying to explain how good a “deal” is.

In the pre-Tea Party Days, the elite media would have shielded Obama's lack of real engagement so that the full scope oh his business-hating attitudes would have never seen the light of day. Without the new media, and citizen engagement, Republican citizens would have never have observed the full weakness and willingness to sell-out from their leaders. Shame, shame, and more shame — eternal shame.

B-daddy preps us for what is likely to be the real outcome, and what should be another worry: …any ten year deal can be undone by next year’s Congress. That should be obvious to all of us following the debate.

Keeping the golf analogy, this video summarizes the exact level of competency being offered by both Democrat and Republican representatives in Washington DC:

Americans will not forget in 2012.