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July 17, 2011
Steyn on 'Barack Obluffer'
Leave it to Mark Steyn in the OC Reigster to get to the nub of the matter regarding the debt ceiling negotiations: When the 44th president took office, he made a decision that it was time for the already unsustainable levels of government spending finally to break the bounds of reality and frolic and gambol in the magical fairy kingdom of Spendaholica: This year, the federal government borrows 43 cents of every dollar it spends, a ratio that is unprecedented. Barack Obama would like this to be, as they say, "the new normal" - at least until that 43 cents creeps up a nickel or so, and the United States Government is spending twice as much it takes in, year in, year out, now and forever. If the Republicans refuse to go along with that, well, then the negotiations will collapse and, as he told Scott Pelley on CBS the other night, Gran'ma gets it. That monthly Social Security check? Fuhgeddabouddit. "I cannot guarantee that those checks go out on August 3rd if we haven't resolved this...(Read Full Post)