Republican establishment types, watching the party’s White House chances shrink with each additional day the ugly GOP nomination race endures, pray for the fat lady to sing. Sadly for them, she’s barely warming up. In the meantime, the GOP candidates are inflicting so much damage on each other as to make them all unelectable in November.
In other words, it’s not the debt – yet. It’s the interest rate – coming. Only when interest rates skyrocket will this debt turn cataclysmic. Meanwhile, Mr. Obama gets to borrow and spend with impunity.
Congress is teeming with proposed legislation for and against the pipeline, which has been transformed from a mere infrastructure project into a political litmus test on American energy policy.
Since there’s no better way to Americans’ hearts than through their pocketbooks, showing them how Canadian crude eases their pain at the pump would also showcase the more important news flash – we get a lot of oil from Canada.