Thursday, July 21, 2011

Get Ready to Be Depressed

Psychologically and economically:  The following is being reported this afternoon:

"A Congressional aide briefed on ongoing negotiations between House Speaker John Boehner and President Obama says the two principals may be nearing a "grand bargain" on to raise the debt limit which would contain large, set-in-stone spending cuts but only the possibility of future revenue increases.

"All cuts," the aide said. "Maybe revenues some time in the future."

Yes, just as we feared, it appears that Obama may be about to strike a "grand bargain" in which Republicans get everything and he (and we also) get screwed.

Can there be a single person on earth both stupid and ignorant enough to think that the "future" in which Republicans will agree to additional revenues will ever come?  Obama knows damned well that he is giving away our future, and getting nothing in return.   At this point, I cannot think of a single rationale for taking this "deal."

Mr. Obama, that is not a bargain- it is a betrayal.

4 comments:

Grung_e_Gene said...

Oye Jaaaaysus! If Obama agrees to all these cuts, while preserving everything fro the Rich bastards in this nation I hope Harry Reid and the Democrats in the Senate vote it down. Let the economic collapse come...

Grung_e_Gene said...
This comment has been removed by the author.
Green Eagle said...

And Boehner stuck it to him once again. There are none so blind as those who will not see.

Now the Republicans are demanding even more, including dismantling the health care reform bill, in return for not destroying the economy.

I saw his speech yesterday in the airport. Great Speech....so what? He makes speeches to try to keep the "base" on board and then sells us down the river in private. And I put the word "base" in quotation marks, because at this point, if people feel the way I do, it's not his anymore.

Dave Dubya said...

Obama's "base" is Wall Street. Good to see he's still
"looking forward".