"A Congressional aide briefed on ongoing negotiations between House Speaker John Boehner and President Obama says the two principals may be nearing a "grand bargain" on to raise the debt limit which would contain large, set-in-stone spending cuts but only the possibility of future revenue increases.
"All cuts," the aide said. "Maybe revenues some time in the future."
Yes, just as we feared, it appears that Obama may be about to strike a "grand bargain" in which Republicans get everything and he (and we also) get screwed.
Can there be a single person on earth both stupid and ignorant enough to think that the "future" in which Republicans will agree to additional revenues will ever come? Obama knows damned well that he is giving away our future, and getting nothing in return. At this point, I cannot think of a single rationale for taking this "deal."
Mr. Obama, that is not a bargain- it is a betrayal.