By Pat Buchanan
They were called
"terrorists,"
"fanatics"
"unpatriotic."
Yet the principled resistance of the Tea Party Caucus in the House has put their leader right across the table from Barack Obama to negotiate the final terms of armistice in the debt-ceiling battle of 2011…
House leaders John Boehner and Eric Cantor are, as of this writing, sitting with Obama negotiating terms. And yesterday, the stock market surged in anticipation they were close to an agreement. If Boehner and Cantor are dealing from strength, it is thanks to the Tea Party's rejection of previous deals…
As we have seen from Obama's repeated retreats, he needs an increase in the debt ceiling now, as does the country. He will have to accept any increase the House gives him, or veto it and risk a plunge in the markets, which would assume either a U.S. debt default or a U.S. debt downgrade.
This tournament is not over, but it was Tea Party hardball that got the GOP to the finals.
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