Friday, December 21, 2012

Fasten Your Parachute

Bill

We're going over the fiscal cliff for sure. Unless John Boehner is willing to lose his speaker ship by crafting a deal with with the Democratic minority in the House and bringing a handful of Republicans along, the Tea Party apocalypse worshipers will make sure of it. They'd rather stand on principle and damage the economy in the process. Then, in the aftermath, like bugs exposed to the light, they'll crawl around frantically in an effort to blame anyone but themselves. The President is ready to enrage his left flank buy cutting a deal that significantly reduces spending. Not as much as you'd like I know, but significantly. Boehner, I believe is equally ready to raise taxes to a far greater degree than most Republicans accept. He just can't get his lunatic fringe to go along.

Eli  

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