July 19, 2011

Texas Hold 'Em Bluff Against Nothing

[From article]
"The first principle of poker is not to give any indication that you're bluffing. Presi dent Obama violated it at one of the increasingly farcical White House meetings on the debt ceiling. He reportedly left the confab with a warning to Republicans: "Don't call my bluff."
[. . .]
The paralysis in the House means Obama can beat nothing with nothing. His nothing is made up of phantom spending cuts that he's never compelled to reveal but that he takes credit for proposing in negotiations. Free of any obligation to put them on paper, let alone get them scored by the Congressional Budget Office, he can pose as the most regal of fiscal hawks.
[. . .]
The House Republican nothing is much more literal. Republican leaders don't know their next move. To extend the poker analogy, they are all-in with no hand to play."

http://www.nypost.com/p/news/opinion/opedcolumnists/calling_bam_bluff_J4zhwxJbpoFkFWUhUZYKJL

Calling Bam's bluff
GOP is bumbling debt fight
Rich Lowry
New York Post
Last Updated: 3:09 AM, July 16, 2011
Posted: 9:39 PM, July 15, 2011

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