by Robert Arvay
While “breaking news” on the debt negotiations update every other minute, here is the way it stands as of the time I am writing this:
Obama has become frantic. He is now promising the moon in exchange for raising the debt limit. His left wing loonies are starting to hate him as an ideological turncoat. And no doubt, Obama will change his promises the instant he has his borrowing power increased. But for the moment, he has changed his demands from his earlier “my way or the highway,” to his present, “I’ll even cut entitlement spending.” Just let me borrow trillions more dollars. That’s all I ask. I’ll do anything, anything at all.
Why? Why has Obama gotten shakier than a heroin addict needing his next fix?
The answer: ObamaCare.
Every penny of increased borrowing will go, directly or indirectly, to ensuring that ObamaCare is funded.
Without raising the debt limit, the funds for implementing ObamaCare will not be there and Obama’s signature socialist plan will die in the waiting room.
That and that alone, is more than enough reason for the Republicans to refuse – at all costs – to raise the debt limit by even one penny.
All parties should be discussing how much to lower the debt limit, not raise it.
Stay tuned. Next update in five seconds. Four, three, two …
Robert Arvay is a Contributing Writer to The Patriot’s Notepad