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08:54 AM
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U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:MARTIAL LAW:MV8xNzA5MzYwXzI4MjYxNzQwX0ZENTIxOTE5] [quote:Mt.Mama 3425941:MV8xNzA5MzYwXzI4MjYxNzEyXzZFMkI4Qzcw] Does anyone else think this "supercommitte" was made just to give the impression they are gonna fix everything but in reality it is all planned to really do nothing and let it everything crash on purpose? they all suck and care about nothing! [/quote] Yep that is exactly what I think. I love how they gave it the name "super" committee...as if just giving it the name "super" means they will fix everything. What a joke. Kind of like the Patriot Act. [/quote]
Original Message
...The 12-member bipartisan supercommittee likely will announce today that it can’t reach agreement on deficit savings, according to a Democratic aide. The aide, who wasn’t authorized to discuss internal matters publicly and requested not to be identified, said in an e-mail that it was highly unlikely that the committee’s talks could be salvaged...
[
link to www.bloomberg.com
]
This committtee was little more than a delaying tactic to begin with. I never had much faith in their ability to reach a decision, let alone have the agreement pass Congree or the White House.
Wonder what "kick the can" tactic is queued next?
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