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LWW
07-24-2011, 11:56 AM
http://l.yimg.com/bt/api/res/1.2/ZubpdrE4qo6KN351.HC.7Q--/YXBwaWQ9eW5ld3M7Zmk9aW5zZXQ7aD0zNjg7cT04NTt3PTUxMg--/http://media.zenfs.com/en_us/News/gettyimages.com/obama-makes-statement-debt-talks-20110722-162654-226.jpg

<span style='font-size: 26pt'>POOR BARRY (http://www.politico.com/news/stories/0711/59737.html#ixzz1T2udfiMY)</span>

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">First came the Biden talks. When those blew up, the Obama-Boehner talks took center stage. And when that failed, the McConnell-Reid talks looked promising. And after they faltered, the Obama-Boehner talks tried to find a new life.

Now it’s all come down to the Boehner-Reid-Pelosi-McConnell talks to solve the debt crisis. <span style='font-size: 14pt'>Notably absent? The president.</span> ...

With the president staying out of the picture, congressional leaders struggled to make progress on a temporary two-step solution that raises the debt limit with some offsetting cuts.

<span style='font-size: 11pt'>In an extraordinary Saturday evening session in the Capitol, House Speaker John Boehner (R-Ohio), Senate Majority Leader Harry Reid (D-Nev.), Senate Minority Leader Mitch McConnell (R-Ky.) and House Minority Leader Nancy Pelosi (D-Calif.) sat around negotiating, on their own turf, without White House aides present.</span>

The four smiled for the TV cameras during a photo-op at the top of their 50-minute meeting, but no one would say a word about whether they had made any progress. ...

Reid was “very angry” in the meeting with Boehner and McConnell, according to a Democratic official. Following the meeting, Pelosi escorted Reid back to her office because she didn’t want the furious majority leader to say anything to the press. <span style='font-size: 11pt'>Reid is “adamant” about no short-term extension of the debt ceiling, the official said.</span>

For Republicans, taking the talks out of the White House has at least something to do with optics — very few Republicans want to vote for a deal with Obama’s name attached to it.

<span style='font-size: 11pt'>House conservatives have grown deeply distrustful of Obama’s motivations and were skeptical of the “grand bargain” Boehner was negotiating with the president.</span> He didn’t share the details of his negotiations with the House Republican Conference and many of them were privately concerned about any agreement between Obama and the speaker, particularly on the thorny issue of tax increases. ...

<span style='font-size: 11pt'>Under the plan, Congress would make $1 trillion worth of spending cuts — mainly to domestic discretionary spending accounts, with no tax increases.</span> The national debt limit would increase by about the same amount, allowing the borrowing limit to be extended until January 2012.

The fight now appears to center more around the process, rather than the substance of the cuts and whether to add new tax revenues. Democrats want to extend the borrowing authority all the way through the 2012 elections, while the Republicans demanded that the second part of the debt-limit increase should be tied more closely to enactment of future budget cuts.

To make deeper cuts in the next 10 years, the two-step proposal would create a new special committee of lawmakers who would recommend by the end of 2011 a more robust series of deficit-reductions. <span style='font-size: 11pt'>Republicans wanted to tie the success of that committee to the second debt-limit increase, an idea that Pelosi, Reid and Obama firmly rejected.</span> ...

But both sides are also plainly worried about 2012 campaign politics: Democrats in the Senate have to defend 23 seats and Obama has to worry about reelection, and <span style='font-size: 11pt'>neither Reid nor Obama want to relive this messy battle over the debt ceiling before November 2012.</span> ...

<span style='font-size: 17pt'>“As I read the Constitution,” he recalled telling Obama, “the Congress writes the laws and you get to decide what you want to sign.”</span></div></div>

Soflasnapper
07-24-2011, 12:30 PM
"I am still relevant." -- President Bill Clinton, late '94 to early '95.

Yes, he was, although that he had to say so was an indication of how diminished he SEEMED at the time. Later, his exercise of the powers of the presidency showed he was exactly right. It's a very powerful office.

A fool might be convinced otherwise.