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Could the David Petraeus scandal sabotage fiscal cliff talks?

 
KoFFee_

User ID: 1373078
United States
11/14/2012 10:24 AM

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Could the David Petraeus scandal sabotage fiscal cliff talks?
Congress needs to focus on a debt-reduction deal to protect the economy. But a tawdry sex scandal may prove to be a dangerous distraction

The David Petraeus sex scandal is getting weirder by the moment.

The scandal is a dangerous distraction: "Now is the not the time to become preoccupied with sordid love scandals," says Henry Blodget at Yahoo Finance.

There are only 50 or so days left to avert the fiscal cliff, a barrage of tax hikes and spending cuts that could trigger a recession in the new year. Members of Congress are vowing to look into the FBI's handling of the Petraeus case, but if they let this distraction delay a fiscal-cliff deal, the result could be disastrous for the economy.

Read more:

[link to theweek.com]
However, I consider my life worth nothing to me; my only aim is to finish the race and complete the task
the Lord Jesus has given me—the task of testifying to the good news of God’s grace. Acts 20:24

"This man really is the Savior of the world!" John 4:42

Look, he is coming with the clouds, and every eye will see him, even those who pierced him;
and all the peoples of the earth will mourn because of him. So shall it be! Amen.
I am the Alpha and the Omega, " says the Lord God, who is, and who was, and who is to come, the Almighty." Revelation 1:7

I do not own the rights to any video posted, they are for educational/entertainment purposes only.
KoFFee_ (OP)

User ID: 1373078
United States
11/14/2012 10:32 AM

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Re: Could the David Petraeus scandal sabotage fiscal cliff talks?
Could Petraeus scandal enable fiscal cliff deal by diverting media glare?

With media locked on the melodrama involving the ex-CIA director and his biographer – and now ensnaring other top officials – the looming fiscal cliff wrangle is receiving less attention than anticipated. That could help.

Everyone was expecting this to be a week of high drama in Washington: In the wake of his reelection, President Obama would begin official negotiations with congressional Republicans to fix the so-called “fiscal cliff,” the combination of automatic spending cuts and massive tax increases scheduled to hit at the end of the year.

Both sides have indicated a desire to work together, but the policy preferences between them remain stark, and a deal is far from certain. If they fail to find a solution, the ramifications would be potentially disastrous for the nation's economy.

the adultery scandal involving former CIA Director David Petraeus and his biographer, Paula Broadwell..... has created a big, unexpected problem for the president, who now has to scramble to fill two top personnel gaps on his national security team.

But there may be one silver lining: It is, so far, allowing the fiscal cliff maneuverings to proceed with only a fraction of the attention they would otherwise have received. And that may ultimately be more conducive to getting a deal.

Read more here:

[link to www.csmonitor.com]
However, I consider my life worth nothing to me; my only aim is to finish the race and complete the task
the Lord Jesus has given me—the task of testifying to the good news of God’s grace. Acts 20:24

"This man really is the Savior of the world!" John 4:42

Look, he is coming with the clouds, and every eye will see him, even those who pierced him;
and all the peoples of the earth will mourn because of him. So shall it be! Amen.
I am the Alpha and the Omega, " says the Lord God, who is, and who was, and who is to come, the Almighty." Revelation 1:7

I do not own the rights to any video posted, they are for educational/entertainment purposes only.

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