CHESS, ANYONE? OR IS THIS A CHECK?

"Harry Reid has three different options," Cantor said.

"One is to suffer the economic consequences of default, which all of us hope he doesn't choose. Two is to bring up the bill we sent prior ... or to accept the compromise bill that we are sending over today...," Cantor added.

A previous House-passed bill that called for cutting deficits by a steep $5.8 trillion over a decade, capping spending and passing a balanced-budget amendment was rejected by the Senate.

The latest House Republican bill would cut spending by $917 billion over ten years and raise the debt limit by $900 billion, which would force another decision on the debt next year ahead of the 2012 presidential and congressional elections."

Let's see:

1. Default

2. Cut, Cap, and Balance, which cuts deficits by 5.8 trillion, which satisfies the credit agencies. Or

3. $917 billion over 10 years, but when the election cycle is in full swing next year this whole issue is brought up, again. President Obama won't like that.

Well, default is not an option.

Cut, Cap, and Balance is a real attempt at getting control of the debt situation, but Democrats hate it because they won't be able raise taxes and spend spend spend.

The 3rd option kills President Obama's chances to be re-elected.

uuuuum...

Very interesting! The Democrats are going to have to bite one of these bullets. That's what happens when you try to govern from the far left and get kicked out of the House of Representatives in the mid-terms. The president can't get anything done because he was so radical in his first 2 years in office that he scared every Moderate democrat and all of conservatives. What does that mean? The president can't get enough votes to get anything past at the lower or upper chamber's of congress.

I'll say it, again: this is a one-term president.

Me to the Democrats: It's your move.

Democrats: I'm thinking! Don't rush me.

Me: You know, you can always lay your King down and accept defeat. In chess, when you don't have position and defeat is inevitable, it's the honorable thing to do. It shows you have intelligence and not false pride.

Time passes....

Me: It's still your move.

mike t.