Just as Barack Obama shows evidence of great fund raising, an all time high, and the Republicans show weakness in fund raising, the Republican Party is facing an implosion on both the Congressional and Presidential campaign level!
The Debt Ceiling Crisis has shown chinks in the armor of the Congressional Republicans, as the leadership of John Boehner and Mitch McConnell has split the Republicans on Capitol Hill, into the predictable split between Establishment Republicans and the Tea Party Movement freshmen in the House and a few in the US Senate!
Boehner has been pressured by his deputy, Majority Leader Eric Cantor, who is obviously trying to overrule Boehner and push him out, as everyone in the know is aware of Cantor’s personal ambitions to be Speaker of the House!
McConnell, convinced that no deal on the debt ceiling extension can be reached, has come up with a plan he thinks will help the Republicans win control of Congress and the White House in 2012, declaring he cannot work with Obama. His plan is to allow three votes of disapproval on extensions of the debt limit–one now, one in the Fall and one in the Summer of 2012, assuring an extension of the debt but with only Democrats voting for it, giving Republicans a campaign issue to be used in the upcoming election, and avoiding the financial uncertainties of NOT raising the debt ceiling.
Tea Party freshmen are furious at McConnell, and Boehner who has backed him, so a rebellion within the party is in evidence, with Eric Cantor leading it in the House and Jim DeMint and Rand Paul in the Senate!
The thought that the Republicans will somehow be able to use this debt issue as a way to win control of the executive and legislative branches in 2012 is a real long shot, as it is not as if the Republicans did not raise the debt ceiling SEVEN times under George W. Bush! It is much more likely to reverberate against them, and with a split party in Congress, actually cause them to lose seats in both chambers and likely lose control of the House of Representatives, where a switch of 25 seats gives Democrats control, not all that hard to attain!
And with Michele Bachmann surging as the real threat to Establishment Republicans and Mitt Romney, we could see Bachmann become the nominee, and end up as the Barry Goldwater of 2012, as to imagine her winning the White House and helping her party to win control of both houses of Congress requires hallucination on a major scale!
To top it off, IF Sarah Palin or Rick Perry, or both, end up running for the Presidency, still hard to imagine or conceive, it will only complicate the situation even further, and undermine GOP hopes for control, so it is now more likely that they will go back to minority status, through their own ineptness and incompetence, and failure to recognize the needs of the American people in the midst of the aftermath of the Great Recession!