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Subject
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:YaRight:MV8xNzA5MzYwXzI4MjY4NTg4XzIxQjA0NUMz] [quote:thecanadianactivist:MV8xNzA5MzYwXzI4MjY2MDkyXzNFNkEyODQ0] why is it so hard to agree to tax the top 1%, this is insanity [/quote] They can tax the top 1% all day long but it won’t fix the mess we are in. They have to cut spending and cut the entitlement programs to make a real dent in the problem. Both sides the Republicans and Democrats are acting like fools or like people on a mission to crash America into something we don’t want. Hang on this will be a hell of a ride. [/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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