"We have to extend the debt ceiling through the next election."
Sigh. Folks, can we call it like it is?: the guy really isn't that sharp. We know he hasn't been getting much sleep but the back-bencher-in-chief all but admitted to the fact that the debt-ceiling needed to be raised, not to not to avoid default or credit armageddon, but rather to get his sorry ass re-elected.
Not what we would call a shrewd bargaining maneuver but, hey, he's never had to do anything remotely resembling this before so maybe we should cut him some slack and just give him some down-time starting January 2013.