On the "Debt Ceiling"

2 things. One, I just don't see how Obama is the one under pressure here. It will be up to the House and Senate to pass a debt ceiling bill, and so far the House, at least, is so screwed up I can't see them actually agreeing to anything other than a straight pass. They really, really want to make Obama push for republican policies, and he is not going to do it (based on the fiscal cliff bill just worked out). Hell, I think they just want to vote no on everything.

Now, if one really wanted to make the t-baggers heads explode, what if the Fed just started printing money to cover the deficit when the ceiling is reached. Or threatened to. Yes, it would cause inflation, but not immediately, and it would cause all sorts of freakouts on the far right. In any case Obama should do what Clinton did, shut down the government when the ceiling is reached and let the repubs in the house take the blame.