Majority Leader Eric Cantor
Debt ceiling showdown heated up as Eric Cantor tried to push through a stop gap deal without tax increases. President Obama shut him down declaring that it may put his presidency in jeopardy but he wasn’t going to budge on the issue. Harry Reid called Cantor childish and sent him to the kids table. Both Moody’s and S & P have declared that they may down grade America’s credit rating. The President is understandably ready for this to be done. Expect to hear some tough talk from the President’s speech later today.
Not that it’s hurting the President. His campaign took in three times the amount of money than all of the Republicans combined (though Bachmann hasn’t reported yet).
A Quinnipiac poll recently showed that a plurality of Americans (48%) believe the debt ceiling stand-off is of the Republicans making.
Rupert Murdoch’s media empire has come under fire for the questionable practices of the reporters at the former British Tabloid News of the World. The stock price of News Corp dropped several billion dollars and the bid to acquire BSkyB TV fell through. International editor Rebekah Brooks resigned amidst investigations into impropriety of News Corp’s business practices.
Free Forum Fridays are an open discussion where commenters are invited to bring up topics that may not have been covered in the previous week. Got something on your mind? Throw your opinion out there.
Related articles
- Eric Cantor, Brutus (thehill.com)
- White House: Eric Cantor Should Be In Debt Talks (huffingtonpost.com)
538 Refugees 
We need to be talking about (vilifying) Grover Norquist and his dangerous political pledges.
Political pledges from Grover Norquist are killing any deal, and Republicans are suffering as a result. A fair number of moderate conservative columnists are lamenting that the 4 trillion $ deal isn’t being taken, since it’s such a good deal for them. Joe Scarborough, former Republican representative and now an MSNBC host, seems to like the grand deal, but just this morning couldn’t get a current republican representative to give him a straight answer on a hypothetical deal with just spending cuts and loophole elimination. And he even took out tax increases in the hypothetical.
Grover Norquist is the most powerful, and most dangerous, man in politics few people have heard of. He wants to shrink the government to the size that it can be drowned in a bathtub, but he can’t see that that would drown the country too.
And this man is pulling all of the strings for the right.
@DogofWar1
We were apparently thinking the same thing at the same time. See above article.