Tuesday, July 12, 2011
Obama rope a dope?
MSNBC's Lawrence O'Donnell has a rather complex "rope a dope" theory on President Barack Obama's negotiating stance in the debt ceiling-deficit talks.
Currently, Obama's deficit reduction plan goes further than even that suggested by House Speaker John Boehner! We will have to see whether O'Donnell is right about this being Obama luring the GOP into his trap.
It does seem that the tax hikes came out of nowhere sort of like Ali coming off the ropes in his epic fight with Foreman. According to this theory, Obama just has to take a certain position and the GOP will automatically rally against the position.
The fact that Obama is not willing to sign another extension shows that he is ready to call the Republicans bluff. The battle is coming to a head.
Republicans are not any more eager than Democrats to see budget funding dry up. They know that their own patrons will be some of the first to sound off when the subsidy checks don't arrive on time.
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