Great: a plan created to avoid a massive stock and bond market problem the following day will certainly contain all the most prudent and thought-out plans.
Per the article linked, all the Democrats seem to support this plan, which means its garbage, and apparently Republicans as well.
I did not see any mention of revenue increases in the multi-trillion-dollar spending guts vaguely referenced.
We all understand the travesty at hand, and Hamsher will no doubt have writing up on this “agreement” (that the Democrats would happily cut trillions rather than watching Wall Street implode) so I’ll leave off.



5 Comments

“Markets reacted favorably…”
That tells me all I need to know. Obama and the congressional leaders are doing their tricks and rolling over for their plutocratic masters to stroke their bellies. Good doggies!
While at least the bottom 90% of Americans get raped. My fellow Americans, BOHICA(Bend Over, Here It Comes Again).
Confirmed. Note the time: 11:01PM Eastern on a Sunday night. Past my bedtime. Bastards.
http://www.cnn.com/2011/POLITICS/07/31/debt.talks/index.html?iref=BN1&hpt=hp_t1
The Super Congress is reality, folks. Fascism is here, alive, and in your face. But it must be done to save the markets! Where is that sarcasm or puke smiley, anyway, FDL administrators? I really need some now.
Failing that, I have martini makings. Good night, and good luck.
G’night,sweet dreams. *G*
OG’s “Good night, and good luck.” comes at an appropriate time.
We need all the luck we can get. Because they way it looks right now we shite out of it.
We all know it’s coming. Once more the words of Mr. Gringo: “BOHICA(Bend Over, Here It Comes Again).”
You thought it was over? You thought it can’t get worse? You thought … oh you sweet innocent and naive souls. It ain’t ever over. They tel you it’s the last time. Your cheeks pucker close at the news. And that’s when the get you. “Bend over”.
Tomorrow we get to hear this new “deal” in all its glory. So we gave away the house … AND THE FING KITCHEN SINK. Sweet mother of dawg.
On the plus side we’ve been skrewed in the azz so many times, it don’t hurt as much. But tomorrow, will be especially painful as it goes after our families. Our mothers and fathers first. And then the children. Oh those wee tikes. They have no idea what’s coming. Work till you’re 70 at a “competitive” wage, ie. slave wages, no benefits, and no security/safety, and then get put on the privatized SS bandwagon. Oh ya, over the years the stock market tanked your retirement. Several times. So now, you get to survive on 100 bucks a month (if you’re lucky). Marry rich or better, be rich. The rest are FUBARed.
It’s a triumph, I tell you! A triumph! Obama has completely exposed the Republican agenda and completely discredited them! Plus he has saved Social Security and Medicare! Greatest President EVER!
Come on, you know the O-bots will be spouting that (or the equivalent) all over the place tomorrow. The Only Adult in the Room! Don’t listen to those Dirty Fucking Hippies! In the words of Taylor Momsen and the Pretty Reckless, “Make Me Wanna Die”.
I like that not only have they agreed to shoot the economy in the head, but they’ve committed to putting another bullet in the corpse in December, no matter what. 1937 or bust, baby!