In case you've been ignoring the political circus that is Congress and the President trying to work out raising the country's debt ceiling so that the US doesn't default on our debt, you might have missed the fact this week that John Boehner came out and said publicly that he'd like to see a grand bargain, claiming bold action was necessary. In fact, according to Boehner, it was seeking such bold action which made Boehner want to become Speaker of the House to begin with.
Unfortunately, the rest of the Republican leadership balked at the premise of such "bold action," with House Majority leader Eric Cantor cutting Boehner's hamstring by proclaiming there was no reason to pursue such a bargain, because the rank-and-file Republicans would never go for it.
Ladies and Gentlemen, your 2012 Republican leadership. To borrow a line from our good friend Tony Blair: they can't even lead their own party. Weak, weak, weak.