This is not his fault. He has been blindsided by a group that is unable to give. It wants the whole kahuna now. The balanced budget. The massive drop in spending. And it does not care if we don't pay what we already owe. He will either face it down in pure power terms. Or be displaced. Ultimately some Republicans will affirm whatever is cooked up and the passage of the new ceiling will rest on whether these Republicans and the Democrats in the House end up with a majority. Blame will be liberally spread but the GOP will receive the lion's share. The damage is being done as we speak.
7/29/11
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