Having failed in his efforts to get the GOP to commit political suicide by caving in on taxes, Obama is now just seeking the last ounce of political advantage he can from the debt talks – from Reuters:
U.S. President Barack Obama will hold a news conference at 11 a.m. EDT (1500 GMT) on Monday about the status of negotiations to cut the deficit and raise the debt ceiling, the White House said on Sunday.
Obama met with congressional leaders for about 75 minutes Sunday evening and will meet again with them on Monday “to discuss the ongoing efforts to find a balanced approach to deficit reduction,” the White House said, without giving a time for that session.
I think that for the Democrats they are mostly working out a campaign theme for 2012 – the reason things are lousy is because those mean, greedy Republicans wouldn’t agree to a tax hike on millionaire’s and billionaire’s corporate jets. No, seriously; it is how things are shaping up. Yes, Democrats are that out of ideas and that convinced that the American people are infantile enough to buy it.
This 11 am presser – a bit of an odd time to hold one – is to try and grab hold of the media narrative for the remainder of the debt talks. Obama is trying to make it so that the MSM continually asks Republicans why they won’t tax corporate jets. The idea is that endless repetition will make the GOP look bad and give Obama and his Democrats a lot of good sound bites for the 2012 campaign (remember, America can go down in flames – for Democrats that is not nearly as bad as a Democrat losing an election: all else is subordinated to Democrat victory). Of course, this will only work, at all, if Obama comes across in a Presidential manner. If he spends half an hour just insulting the GOP, then people will simply tune him out, no matter how much his MSM lapdogs try to make it otherwise.
We’ll see how it comes out – but I’ve never been more confident about conservative/libertarian political prospects than I am now.