The much ballyhooed Congressional “Super Committee” admitted yesterday that they could not reach agreement on a $1.2 trillion reduction in spending over the next ten years.
COMMENTS:
Now we’ll wait for the next expected shoe to drop, that the
increase in taxes and reduction in defense spending will not occur,
either. Then Congress can leave town
while the nation stews over the Thanksgiving Day weekend. Isn’t that what I have been saying was going
to happen all along? Why we taxpayers
allowed this sham to be perpetrated upon us, I will never know. I don’t know about you, but I think every
damned Member of Congress should be locked into the Capitol 12 hours a day,
seven days a week starting tomorrow and lasting until they trim the $4 trillion
that has to be trimmed to save the country.
Either that or we should close down the government until after the 2013 Inauguration
because, frankly, this government is as useless as tits on a boar hog. That should give you a good visual while you
are eating your turkey…
TODAY’S QUERIES & ANSWERS:
Q. They’re giving more and newer sanctions on Iran. Isn’t this a stupid idea? It hasn’t worked yet, why will it work
now? (Lila ~ San Pedro, CA)
A. It’s the only option Obama can come up with. Besides, he is in campaign mode and anything
involving a difficult or controversial decision will automatically get pushed
past the 2012 elections, by which time Iran may have its nukes anyway.
Q. What will happen if Moody’s or Standard & Poor’s
gives us another credit rating reduction?
(Barney ~ Redding, CA)
A. Obama will send in a team to investigate them, just like
he did when Standard & Poor’s did it the first time. He will do everything he can to discredit
anyone who rains on his Messiah parade.
As far as the stock market, it will go down the tubes, at least
initially. As far as U.S. borrowing power, it will be
diminished to some extent; how much is up to conjecture. Why we citizens have allowed things to go
this way, I will never know.
Q. What I don’t understand is, Obama championed this “Super
Committee” idea and now he is out of the country and allowed it to fail without
trying to exert his influence to make it work.
Why? (Jack ~ Casper, WY)
A. He knew from the outset that it would fail; that’s why
the committee was stacked up the way it was.
He wanted it to fail so that he could run against Congress in the
election. We all know that, outside of
getting rid of Bin Laden, he has done absolutely nothing positive for this
country in three years; he has absolutely no successes to claim. Oh, I forgot; he DID win the Nobel
Prize.
TODAY’S QUOTE:
“And so our goal on health care is, if we
can get, instead of health care costs going up 6 percent a year, it's going up
at the level of inflation, maybe just slightly above inflation, we've made huge
progress. And by the way, that is the single most important thing we could do
in terms of reducing our deficit. That's why we did it.” ~ Barack Obama
TODAY’S VIDEO:
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