There is no Excuse for this. There's not even an un-capitalized excuse for this.
First, read on here: http://www.truth-out.org/ransom-paid/1312207122
Clearly the economics on this turkey are going to be smelling like skunk down the road. Mark my words, it is going to stink to high Heaven.
I have to agree with Jon Stewart on this one, "you're not going to pin this excrement on us," meaning the American public. Watch this clip:
http://www.rawstory.com/rawreplay/2011/08/jon-stewart-debt-deal-the-democrats-got-hosed/
The Washington Democrats were warned of exactly the scenario that just got played out LAST DECEMBER.
Worse yet, the debt ceiling itself, the so-called source of the "crisis," is considered unconstitutional by most legal scholars:
http://www.truth-out.org/forget-compromise-debt-ceiling-unconstitutional/1312205856
Before Faux News hyped the Tea Party, they were a small group of billionaire-funded right-wing extremists most people hadn't ever heard of. Their recent "convention" was canceled for lack of attendance. Their darling "Momma Grizzly" Sarah Palin had her movie debut to an empty theater in the most Republican county in California: http://www.theatlantic.com/politics/archive/2011/07/sarah-palin-movie-debuts-to-empty-theater-in-orange-county/241983/ , and very quickly left the big screen for Pay-Per-View: http://news.yahoo.com/blogs/ticket/palin-undefeated-tanks-heads-pay-per-view-193115807.html .
I am thoroughly disgusted with the whole mess.
Here's Thom Hartmann taking a look at the great Presidents and World Leaders and how they stack up with "compromising:"
There are a lot of people who think that President Obama is somehow pulling a "chess-wizard" move here. Personally, I think that's putting lipstick in the toilet before flushing. To me, this is not a good deal for the working-class majority in this country.
We're going to have to live with it for now, but as it unfolds, it's going to shake up a lot of folk's worlds.
Maybe it will in time drive people to understand that we should be investing in the future with education, infrastructure, and innovation, instead of investing in carnage overseas because the people making money off that carnage put a turban on the Boogey Man.
The bottom line is, if working-class Americans don't have good-paying jobs, the big corporations are going to have to compete for a lower-rent market, and even worse, so are all the small businesses.
This is the wrong direction, America. It's not going to make things better in the long-term. It will at best drag out the nasty "jobless recovery" that is really not a recovery, and at not-so-best, cause another full-blown recession.
We could be doing better. We could be doing a LOT better.
I hope we decide to before we're left behind by the rest of the world.
Dan
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