Mish's Global Economic Trend Analysis: Only 22% of US Wants to Raise Debt Ceiling, 44% Don't; Senate Minority Leader Proposes Granting Obama Unilateral Power to Raise Ceiling; Gold Reacts

``The whole debate now is nothing but a political-point scoring episode. Think back a couple months ago. Obama wanted the ceiling raised and did not offer any cuts. Republicans insisted on $4 trillion in cuts. Now, Obama wants to cut $4 trillion and the Republicans don't want it.''