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Subject U.S. Supercommittee Ready to Announce Failure -- Market Crash, Moody's Downgrade?

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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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