Crisis of Confidence—Will the Weiner Scandal put a Hitch in the Debt Ceiling Battle? 

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The Anthony Weiner scandal is one of the hottest stories out of DC right now. "Weeniegate" is a classic example of a politician lying to the American people in hopes of saving his reputation. But no matter how many lies one tells, the truth always comes out.

It appears that some politicians believe that reality easily conforms to their wishes. If they lie over and over again, repeating the untruth enough times, it somehow becomes the truth. It's magical thinking, DC-style.

Does the word "honor" mean anything now a days? Back when the Constitution was written, all a man had was his word, his reputation and handshake. Trust was not a given. A man's honorable actions was the catalyst of an individual being bestowed such a gift. Nowadays, lies and cheating are more common place. Our nation's leadership is under question right now as Congress continues to sling nasty, unproductive remarks over how bad each party is for the sorry fiscal shape our country is in. Can't we just say that both sides screwed up?

Now its time for both sides to admit they both have contributed to this mess, roll up their sleeves and start not only cutting but changing their spending habits.

The deeper danger of "Weeniegate" is the possibility this latest episode of lying will further deteriorate the fragile fabric of trust Americans already have for politicians. The public's disgust towards Congress is palpable. This kind of thing only makes it worse.

The serious people in Washington will tell us that we should be discussing the debt ceiling instead of Weiner's photo op. But can this really be separated?

Greg Valliere, Chief Political Strategist at Potomac Research Group, told me that the scandal can further complicate matters.

"Members of Congress will tell the public—'trust us, we have to raise the debt ceiling.' But how can the public trust them if Weiner stays? Normal people don't send suggestive photos to young girls. The fact that Weiner thinks he can stay — he can't—shows how out of touch Congress is with Middle American values," Valliere said.

Values. Sigh. What a quaint notion.

A Senior Talent Producer at CNBC, and author of "Thriving in the New Economy:Lessons from Today's Top Business Minds."

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