Friday, July 29, 2011

About Last Night

House Whip Kevin McCarthy (R-CA) just announced there will be no vote tonight on the Boehner debt bill.

A remarkable turn of events. Simply no reason for Boehner to bring up his own bill if it was doomed to fail, and clearly it was.

  TPM

But will he continue bludgeoning fellow Congressmen to try to get enough votes? According to TPM, he isn’t near it and never will be.

But here we are on the brink of default, with the world economy in the balance, and we've spent an entire day or more now on a bill that is never going to pass the Senate, was never going to be signed by the President, and which we now know doesn't even have the support of enough of the Speaker's own party to pass.

To give you some idea where this is potentially headed, investors pulled billions out of money market funds today, the Wall Street Journal reports.

Yes, as the report says, there is not enough support for it in the Senate – we’ve known that for a long time – and the president was going to veto it anyway – or so he said. Boehnhead should be put out to pasture. An obvious megalomaniac. But hey, he has his date – August 2 – and he can screw around all he wants until then. And then he has to move on. For him, it's simply a personal thing. Either way, the fat cats are going to win, and the rest of us are going to suck it up, because the "Democrats" plan is only slightly less odious.

....but hey, do what you want....you will anyway.

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