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Thursday, August 11, 2011

8/11/2011 - The Debt Ceiling Deal From Hell

Is the debt ceiling deal supposed to be some sort of a cruel joke?  Is this what the American people have been waiting months and months for?  The "debt ceiling deal from hell" is a complete and total fraud.  Barack Obama will not need to worry about the debt ceiling again until after the 2012 election, and no "real" spending cuts will happen until after the 2012 election.  The way the political game in Washington D.C. is played today, if you don't get something right now, you probably will never end up getting it.  The Republicans have traded a massive debt ceiling increase right now for the possibility of very skimpy budget cuts in the future.  Meanwhile, this deal establishes a new "Super Congress" that threatens to fundamentally alter our political system (and not in a good way).  The funny thing is that everyone is running around proclaiming that the Tea Party won this battle.  That is a complete and total lie. (Read More....)



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