Bill Moyers signs off his last broadcast with an editorial discussion on why plutocracy and democracy don't mix.
"As long as the special interests pay to elect the pols, we will have government of the special interests, by the special interests, and for the special interests". - Molly Ivins
Thursday, November 17, 2011
How to succeed through supercommittee’s ‘failure’
By E.J. Dionne Jr. | The Washington Post
16 Nov 2011 | Here is a surefire way to cut $7.1 trillion from the deficit over the next decade. Do nothing.
That’s right. If Congress simply fails to act between now and Jan. 1, 2013, the tax cuts passed under President George W. Bush expire, $1.2 trillion in additional budget cuts go through under the terms of last summer’s debt-ceiling deal, and a variety of other tax cuts also go away.
Knowing this, are you still sure that a “failure” by the congressional supercommittee to reach a deal would be such a disaster?
Read it here.
16 Nov 2011 | Here is a surefire way to cut $7.1 trillion from the deficit over the next decade. Do nothing.
That’s right. If Congress simply fails to act between now and Jan. 1, 2013, the tax cuts passed under President George W. Bush expire, $1.2 trillion in additional budget cuts go through under the terms of last summer’s debt-ceiling deal, and a variety of other tax cuts also go away.
Knowing this, are you still sure that a “failure” by the congressional supercommittee to reach a deal would be such a disaster?
Read it here.
Labels:
Congress,
Economy,
Sold Out Bastards
The frightening thought
"No politician, regardless of what party he's in, wants the people to suddenly be in charge. For the power to shift from those who are the elected officials to the people who elected them, which is actually the way it's supposed to be, that's a frightening thought." - Michael Moore, 15 Nov 2011
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