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Hostage crisis quieting down?

October 16, 2013 by Jeff (ILoveCapitalism)

These past few weeks, President Obama has (metaphorically or morally) held a gun to America’s head, demanding that his profligate borrow-and-spending be fully funded or else he’ll default on America’s debt payments.

Now it looks like the crisis is receding, with the hostage-taker mostly getting his way. It isn’t clear if the GOP achieved anything, except yet another committee to look into the nation’s fiscal turpitude.

Knowing that the Tea Party doesn’t have the votes it needs (yet) to break through that turpitude, I didn’t really expect a different outcome. So, I’m not too upset. But was the time & drama worth it?

I say yes: at least it shed light on these issues. Even if you can’t stop lying would-be dictators from succeeding, it’s still worthwhile to rip their masks off. Seeing Obama lie outright about the debt (as I always suspected he would, when cornered) was priceless.

Perhaps Pascal Emmanuel Gobry at Forbes would feel as I do? He writes about the crisis showing Tea Party mettle, and about the hope he feels from seeing the House GOP at least demand (even if they didn’t win) Congress being put on Obamacare like the rest of us. But he also notes that the crisis may have distracted much-deserved attention from Obama’s other troubles, like Obamacare’s launch failure.

Your thoughts?

Filed Under: AMERICA HELD HOSTAGE, Debt Crisis, Government Shutdown, Obama Arrogance, Shiny Objects & Squirrels Tagged With: AMERICA HELD HOSTAGE, debt ceilling, Debt Crisis, Government Shutdown, Obama arrogance, Shiny Objects & Squirrels

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