Wednesday, July 27, 2011
From the Wall Street Journal - "The idea seems to be that if the House GOP refuses to raise the debt ceiling, a default crisis or shutdown will ensue, and the public will turn en masse against . . . Barack Obama. The Republican House that failed to raise the debt ceiling would somehow escape all blame. Then Democrats would have no choice but to pass a balanced-budget amendment and reform entitlements, and the tea-party Hobbits could return to Middle Earth having defeated Mordor."