Mitch McConnell says 'raise the white flag'

Senate Minority Leader Mitch McConnell (Right-Wing Socialist Party - Ky.) unveiled a proposal that would allow President Barack Obama to raise on his own the federal borrowing limit by $2.4 trillion in three installments before the end of 2012, unless two-thirds of Congress votes to block it.

Words fail me.

At first I thought it was April Fool's Day.  But no.

For years I have thought the Republicans were a bunch of Socialist loons.  At every opportunity they would support, defend and fund all possible spending and Big Brother programs.  But to simple abdicate your power is a shocker.

Of course it should not come as a shock.  Congress has abdicated their Constitutional power to make war allowing Presidents for decades to pretty much do what they want.  So why not give up the power of spending too?
 
Meanwhile, some 470 executives—including the chief executives from Alcoa Inc., DuPont, Citigroup Inc. and Procter & Gamble Co.—released a letter to the president and Congress urging them to raise the debt ceiling.

The executives warned that a government default could throw financial markets into "disarray" and "this is a risk our country must not take."

TRANSLATION:   This is what the businessmen really said.  "For the love of God, keep printing or borrowing money.  I am sucking hard at the public tit.  Please don't cut off that sweet, sweet supply of government nourishment." 

The Republicans are frightened.  They have been put into the position to cut the spending on they very programs they have created and funded for decades.  They just don't know what to do.

The GOP is the father of Big Government in America.  Big Government was created by the Republican Party under Theodore Roosevelt and William Howard Taft.  This has been true right up to George Bush expanding Medicare in order to buy votes in 2004 or Federalizing local education with the "No Child Left Behind Act."  The very concept of totally abolishing a government program and going without is alien to them.

But now the nation is facing bankruptcy.  We are finally running out of other people's money to spend. 


The Socialist Republican Party members have painted themselves into a corner with their phony
"small government" campaign speeches.  Now they have to deliver and cut spending on the
very programs they created and / or voted to fund or the nation is doomed.