GOP and Tea Party plans to derail President Remains on track

Those who took Mitch McConnell’s admission that the primary goal was to insure that President Barack Obama was limited to one term as idle or of no substance now have to re-think.  His party, having campaigned on limited government and jobs, are now well on the road to keeping anything good from happening and holding firm to the goal Mitch McConnell set out for them.  As if the assault on union rights were not enough and the damage inflicted on women rights were only a starting point, the GOP and Tea Party are well on their way to accomplishing their mission of the Obama Administration being one term only.

If you have been paying attention to the latest occurrences in Washington, you too should have come away with this same interpretation unless you choose to ignore all the signs or even think that any American, especially those elected to serve the people, would do anything and everything that they could to achieve their objective even if it means driving this nation to the brink of disaster.  Don’t believe me check out what Angela Moon of Reuters reports in her article titled Wall Street closes worst week since '08 with wild day.  “The intense selling this week reflects frustration with sluggish economic growth and politicians' inability to address pressing concerns over high public debt in Europe and the United States.”  With no real jobs bill since taking office, the GOP has dragged their feet and even Ray Charles, Stevie Wonder and Ronnie Millsap can see how they have made a conscientious effort to block advances that are available toward that goal. 

If Angela Moon is not someone you wish to listen to or consider, how about Daniel Gross of the Contrary Indicator in his article titled Is the U.S. Credit Rating a Victim of GOP Sabotage? In which he reports that “a few days after Congress and the White House agreed to raise the debt ceiling and cut spending, Standard & poor’s has downgraded the United States of America’s credit rating from AAA to AA+.”  He categories the reason as “for President Obama, all the incentives weighed toward making a big deal, even one that would upset his base. It would show an ability to work on a bipartisan basis and make concrete progress and take the issue off the table for 2012. But for Republicans, all the incentives weighed against a big deal. By definition, anything that is acceptable to President Obama and Democrats is unacceptable to today's Congressional Republicans.”  Anyone who has only been partly paying attention has to agree with that but even if that’s not enough for you.  Consider our biggest holder of America’s debt.

As reported by Walter Brandimarte and Melanie Lee also of Reuters in their article titled China tells U.S. "good old days" of borrowing are over, they report that “China bluntly criticized the United States on Saturday one day after the superpower's credit rating was downgraded, saying the "good old days" of borrowing were over.  China -- the United States' biggest creditor -- said Washington only had itself to blame for its plight and called for a new stable global reserve currency.  In the Xinhua commentary, China scorned the United States for its "debt addiction" and "short sighted" political wrangling.”  Now that the Tea Party and GOP have managed to get our number one creditor on the war-path (so to speak), it can now drive that wedge between the two remaining superpowers and damage this relationship for a very long time.