Remember this


The Wall Street super congress may be facing an impasse, and you know what that means? It’s getting to be that time of year again!

The super committee — an outgrowth of an August budget deal that also raised U.S. borrowing authority — has until November 23 to craft a deal, with the full Congress facing a December 23 for final action. If there is a failure on either end, automatic spending cuts of $1.2 trillion would start in 2013.

I can think of nothing that would further depress the US economy, especially ahead of what already looks like a dismal holiday shopping season, than We the People being forced yet again to endure lectures about debt and deficits from the very same political and corporate deadbeats who not only piled up a mountain of debt, but who created debt so utterly foul and toxic that We the People had to buy their debt and bail them out faster than a freshman caught maxing out daddy’s gold card in Mexico. Remember that when Thanksgiving rolls around in a few weeks and this becomes all the rage.

Leave a Reply