By John Ballard
Nouriel Roubini minces no words.
Super-Committee: Super-Failure, Super-
Pathetic, Super-Gridlock, Super-
GOP-Lunacy on Taxes, Super-Fiscal Drag
in 2012 that ensures double dip
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The president's response suggests he's finally had enough.
Obama: "No. I will veto any effort to get rid
of those automatic spending cuts. There
will be no easy off ramps." http://read.bi/rVcKHc
One can hope, anyway.
We're learning.
Hope comes before change
What hope is there in the President's response. We all know there will be no cuts in the military, the intelligence agencies (and there are hundreds of them), or in the Homeland Security Gestapo. The cuts will be in Social Security, Medicare and Medicaid, education, etc.
ReplyDeleteA President who actually took his job seriously would insist on tax increases for the upper echelons and massive infrastructure spending along with drastic cuts in military and intelligence spending, an end to the idiotic drug war and the bailouts of financial criminals. We don't have such a President and we won't be getting one soon.
I like this take on this latest club of idiots:http://youtu.be/BlDfuMDwfzk . After they deliver their sack of polished turds and are no doubt championed by chief US turd polisher BO you & some of your trading partners might need a dose of ContagionEx: http://j.mp/t2q5YN
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