Budget, We Don’t Need No Stinking Budget!!

We need more conferences and summits!

If we obfuscate enough may they will just get tired and go away!

We have to put off doing anything hard or effective because we don’t wanna! 😦

In what a senior Republican aide calls “a dramatic turn of events,”
Senate Democrats have — at least for now — forestalled plans to
release their alternative to Rep. Paul Ryan’s 2012 budget.  Why?
Because the White House has called for yet another bipartisan summit.
This week’s forthcoming White House meetings are not to be confused
with the bipartisan fiscal commission the president appointed then
ignored, mind you — nor should they be conflated with the new round
of Biden-supervised bipartisan talks the president outlined in his
awful debt speech last month.  No, these are new meetings — and
they’re scheduled to occur on the exact days Senate Democrats were
preparing to, at long last, present their own concrete 2012 fiscal
blueprint.  How curious.

After much cajoling, Senate Republicans finally managed to win
assurances from Senate Budget Committee Chairman Kent Conrad (D-N.D.)
that his party would reveal an on-paper plan to counter the Ryan
budget.  “We were preparing for it,” the GOP aide says, suggesting
that the mark-up process was expected to begin mid-week.  Then, a few
things changed:  Sen. Conrad briefed his Democratic colleagues on the
contents of the plan (behind closed doors, of course; the public still
hasn’t gotten a whiff of Democrats’ plans), and Harry Reid immediately
began expressing reservations.  He cautioned his caucus against
prematurely endorsing the document.  “[Reid seemed] less than enthused
about Sen. Conrad releasing something that would be on paper, and
therefore subject to analysis,” the aide says.

Facing a possibly embarrassing rift within the party and a soft but
looming deadline, the White House has intervened just in the nick of
time by requesting meetings with both Senate caucuses.  As a result,
public consumption and examination of the Senate Democrats’ budget has
been postponed indefinitely.  “The mark-up is off for now.  Instead we
have yet another summit,” the Republican laments.

I’m no budget expert, but wouldn’t it make more sense for the White
House to hold off on hosting these grand gatherings until after
Democrats produce their alternative to the Ryan budget?  If the
president is going to assume the role of mediator-in-chief, it seems
intuitive that the mediation process would unfold more effectively if
there were two separate plans on the table, each of which would serve
as a basis for negotiation.  Instead, the president has summoned
Senators to the White House before a second plan can be released.  Why
is that?  “Good question,” the aide responds.  The likely answer is
simple:  Political gamesmanship.  Democrats would prefer to focus the
public’s attention on a twisted caricature of the GOP plan.  Putting
their own document on the table invites scrutiny and comparisons, and
complicates their all-in Ryan demonization campaign.  That might be a
positive development for good-faith negotiations, but it’s detrimental
to Democratic point-scoring.  In short, this White House stunt looks
like little more than a political lifeline for Harry Reid.

UPDATE –  The Senate Budget Committee’s ranking Republican, Jeff
Sessions, seems suspicious and dismayed:
“The announcement of these summit meetings at the White House is a
stunning development. It has been 740 days since the Democrat Senate
has passed a budget. This week Senate Democrats were finally going to
unveil their plan for saving this nation from fiscal disaster and
present that plan in the Senate Budget Committee. The plan has been a
closely guarded secret, and Republican requests to make it public and
to share it with members before they meet to work on it have been
rebuffed. And now, by calling for this summit, it would seem the
president has effectively cancelled this week’s planned unveiling of
the Democrat budget.”
Oh, and here’s a tidbit for YOUR Budget (to remember in 2012 when “Rambo” Obama is trying to obfuscate with the help of his Liberal Media Minions):

The most recent Negative Equity report from CoreLogic showed 11.1 million, or 23.1 percent, of all residential properties with a mortgage were in negative equity at the end of the fourth quarter of 2010. With falling house prices, CoreLogic will probably show more homeowners have negative equity in Q1.

More than half of single-family homes with mortgages in Phoenix have negative equity, that is homeowners owe more than their home is worth.(KFYI)

Don’t worry, Be Happy. He’s a Likeable Guy, so re-electing Obama will not doom this country in the slightest!! 🙂

Political Cartoons by Jerry Holbert