Wimpy President!

There is a worldwide panic about USA defaulting on her financial obligations if her deficit ceiling is not raised by August 2nd. A crisis made solely by the Republicans has now reached the climax of who will cave in first! I am expecting President Obama and Democrats to cave in as usual to the Republicans by agreeing to almost everything they asked for. Already a ‘balanced plan’ with revenue increases along with spending cuts, which the Democrats wanted, has been dropped as the Republican do not want to raise the taxes on the rich. I am disgusted and disappointed at the wimpy nature of President Obama (despite the killing of Osama)!