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The states calling for the constitutional convention can limit the agenda at the convention in the enabling legislation. For example a preset list of proposed amendments would only be considered. For that we would need a certain amount of pre-planning and coordination among the probably Republican controlled legislatures calling for the convention.

Not really. Obama and the libs only really have the numbers in the halls of congress. They are the ones that prevent modifications like a balanced budget amendment by blocking it. When it comes to the states and the will of the people they simply don't have the numbers to stop passage.

The purpose of the CC is to propose amendments (limiting government in this case, which will come from the red states) but then the amendments will need to be ratified by the states. Because they must be ratified by the states we really have little to fear from the libs. Most of the country is still solidly in the red and with recent shenanigans some formerly blue states are beginning to come over to our side. So bottom line even if the left were to get some radical amendment proposed (which they don't have the numbers to do) the states would never vote to ratify it.

This is the cliff notes version of how a CC works. Here is a link to great information on how to amend the constitution by convention. It's at the Goldwater Institute. Download the .pdf. I promise you will not be able to stop reading as it's very interesting.

Here is a link. This is just a summary. The actual report is a pdf. If you read it let me know what you think!

http://www.goldwaterinstitute.org/article/amending-constitution-convention-complete-view-founders-plan-part-1-series