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Goodbye Super-Committee, Hello Stupor-Committee: It's Official - "No Agreement"
As if anyone is actually surprised by the headlines appearing from Bloomberg with regard the Super-Committee - which in retrospect is perhaps a little aggressively-named:
*SUPERCOMMITTEE SAID TO ANNOUNCE NO AGREEMENT REACHED
*U.S. DEBT SUPERCOMMITTEE ANNOUNCEMENT SAID LIKELY ON MONDAY
While not immediate, it would seem obvious that a ratings downgrade can't be far behind this event given the reasoning for the last downgrade and the clear indication by this lack of agreement that nothing-has-changed.
S&P recently said that a 'watered down' package from the Super Committee would put downward pressure on the rating. Moody’s said the outcome of the Super Committee would be informative but not decisive for its rating analysis.
We would also assume that Defense and Healthcare stock analysts will be bombarding inboxes in 3..2..1..with buy recommendations...
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ok since congress refuses to do its duty, it looks like president obama will have to take over (ah temporarily of course) as king obama to deal with these issues and it will all be for the amerikan people too doncha know.........
At least Michelle Obama got boos at the NASCAR race today. Looks like they are just a bunch of animals......she is just doing her part.
Shoot. I missed that. I'm sure it was only because NASCAR fans are racist, not that her husband has proven to be a sellout piece of crap. But she is getting back at the fans. She brought rain with her. She kind of reminds me of that Mother Nature from the Parkay commercials back in the 1970s. She is definitely ugly enough.
The Obamas don't care about NASCAR. The NBA is their thing. Even during the lockout the NBA players are planning a game to raise funds for Obama and the Democrats. The game is already being announced with tickets as high as $5,000. I love the racism discussion when clearly the NBA is only having this fundraiser for Obama because he is black. Supporting somebody solely because of their race is racism. But don't tell that to Al Sharpton, Jessie Jackson, Obama or many of the other biggest beneficiaries of racism. They are too busy pointing out everybody else's flaws.
Some enterprising marketing dude should put her in a cowboy hat wearing cut off jeans waving around old Dixie.
Think of the possibilities ;-)
Why would you want to subject US to her fat ass in cut off jeans? Do you HATE real Americans?
It would be like the people of Walmart...the erotica version.
Give the people what they want!!!...a good marketing campaign...lol.
Once you go black, you never go back.
Michelle is a hell of a lot hotter than any of the other cracker first wives of recent history. I dare anyone to name just one.
Cheers
As evil as she could be, i still trhink michelle obama is good looking
Call a fucking optometrist, right now. Seriously!
I like Angela Merkel, but don't tell anyone.
angela is as ugly as homemade lasse soup. Worse even she was probably a Stasi agent. Her dad definite was, how could you run a lutheran church in east Germany without working for Stasi
Actually, from what I have heard the churches in E. Germany were not bothered that much unlike other parts of Eastern Europe.
She used to be pretty when she was younger. Here is the best picture I've ever seen of Michelle Obama. Look at those guns. Gorgeous.
http://static.moviefanatic.com/images/gallery/rise-of-the-planet-of-the-apes-caesar.jpg
Green arrows=racist. Straight up.
Really more of an insult to monkeys. Straight up.
long john,
there's nothing more "american" than a fat ass. they are EVERYWHERE.
Nascar fans may not be racist, but they definitely favor their party's crook than to the opposing party. Bush was a sellout too, but I have never heard of Nascar fans booing Laura or George.
The NBA players are holding fundraisers for Obama, because he is a huge basketball fan. /sarcasm.
that is called big bootay.......
This is really bad but has to be said...
She was boo'd cause she stole a car...
Nascar fans boo'd Michelle Obama because her hubby is a Marxist tosser 'leading' his country into the sewer (an historical speciality of socialists)
Thank fuk she didn't give a speech at Nascar as she's such a fragile basket-case she usually can't stop the water-works without any provacation and has a near emotional breakdown!
Thank heavens too her husband is toast at next election it'll give him time to sort out his dripping wet wife and his own pathalogical lying when in front of a large audience
"Thank heavens too her husband is toast at next election it'll give him time to sort out his dripping wet wife and his own pathalogical lying when in front of a large audience"
Thanks heavens indeed, then we can start all over again with a new bullshit artist (assuming Ron Paul is not elected) to lie to us for the next four years. /sarcasm.
That's a joke boys and girls. Just fun watching her try to fit in...looked like an oil spill.
I don't like Nascar, but I dislike the first sheboon even more.
They need a bond beatdown like the EU is getting, maybe it will sink in then.
Wait for it.
Current options prices would make it very profitable.
If we get the ratings downgrade, cui bono, eh?
Could it be the political class is running cover for the central bank? Are we going to get currency weakness without Ben having to print? Inflation without central bank intervention?
"A house divided cannot stand" --A. Lincoln Republican.
Not pick the fly shit out of the pepper, but you are aware that in that era Republican were actually Democrats....right?
@Boilermaker. you just proved the f--cking point.. America is failing, and we shoudn't be worrying about the culture wars, when the entire economic edifice is about to collapse.
Get 'er done. god dammit.
Politicians should be getting sh-t done. You have big banks leading us towards an abyss. And now politicians are shoving us into that great darkness.
I'm worried about the culture wars. I look at the people around me and it scares the heck out of me. The coming difficulties and tensions will definitely reveal their character. That is the part that makes me think I really need to get out of this area.
You don't get out of the USA much then. It's just as bad in Europe, Japan, South America, and China. There are some serious idiots there also. The problem isn't with the igorance of the working class; it's the empowerment of the elite class.
super committee in action.
http://youtu.be/KDPTC-yAmgo
WestVillage - Culture Wars indeed. The politicians and bent media are already pumping the story of the richest 10% being taxed more.
The 'culture' is to point the finger at productive (rich) people and take "more, more, more" for a problem of politicians out-of-control spending
The usual scumbags passing the buck for their prolific spending orgies for others to bail the socio-economically dysfunctional retards out
...it's beyond stupid problem-solving
And I'm not aware of groups, even welfare spongers, demanding the private sector pays more tax ...this is purely a politico-media (double-dumb) cultural movement
A lot of the 1% are not productive, they are parasitical. The 10% probably does include a lot of productive people.
Isn't this good for rating, no agreement means automatic cuts kick in.
automatic cuts don't even come in until Jan 2013.
Automatic cuts... Haha...
That's like a fat-ass saying he'll start a weightless diet next month. If he was actually going to do it, he'd do it NOW. Next month it will be some new excuse for why he can't (if he even remembers)...
With regard to "getting things done," any "success" here would involve austerity and cutting from all the wrong items. No cuts in foreign aid, no cuts in military spending, no tax increases on Wall Street or conglomerates like GE, etc.
THEREFORE, the failure of the Dems and Reps to come to a concensus is a good thing. If I were given the choice of cutting small amounts in things people need and cutting nothing, but accelerating the downfall of the economy, I would choose the second option without hesitation! Why would you gut the social services the nation needs to kick the can down the road for elites and bankers? Its insane.
The failure of the establishment to come to a conclusion is our victory. We should feel good about this. May there be many more such failures.
Edit: in addition, the automatic cuts will probably be reversed since they include Pentagon cuts. The establishment is predictable in this way.
It needs to collapse and be rebuilt from scratch because it is so corrupt.
.Gov to weasel out of automatic cuts in 3...2...1...
Thank goodness. Now Congress may actually have to take responsibility for its Constitutionally mandated duty of controlling taxes and spending.
Make them actually earn their paychecks & benefits?
Let me think about it...it seems a revolutionary idea at first blush.
http://youtu.be/zduKIF5Mo0k
It'll never happen.
There's the answer I've been looking for. Now Congress can get to work, do nothing, and go home. A do nothing Congress is a good Congress.
question - why don't we just go with a belgium type government
TPTB prefer our one party system. Plus the only thing the Belgians ever got right were waffles...
That is just not true; Belgiums also got Chocolate right :).
chocolate, beer, cheese and FRIES!
Actually it is just about a totally lovely life here in Belgium, like in our funny popular song by a guy from Liverpool who lived here many years:
Potverdekke
It's great to be a Belgian
I'm not English I'm not French and I'm not Dutch
I'm not Spanish, Portuguese or German
I'm a Belgian, so thank you very much
As I walk along the street
With my mayonnaise and frites
You can tell I'm as happy as can be
With my Duvel in my hand
Then you must understand
I'm a Belgian, so nothing worries me! ...
- the late 'Mister John' Makin, full hit song here live in a Brussels pub ('potverdekke' is a Dutch - Flemish word, gentle exclamation something like English 'darn it'; 'frites' the chips or potato 'French' fries, actually Belgian; 'Duvel' is one of our Belgian beers, many others mentioned later in the song):
http://www.youtube.com/watch?v=uTqknJDZrlI
sing this to Nigel Farage
he'd like to break you up...
Belgium is the beer brewing capital of the universe, they've had monks continously brew Chimey and other notable beers for over 600 years now.
Seriously if it aint broken why fix it!!! Who needs a government when you can just brew good beer....I'm not seeing an arab spring in Brussels...just saying.....
Take away a societies right to vote?
(Greece) ;-)
It's nothing a Super Duper Committee can't fix!
I vote No confidence in the United states Goverment.. All of them!
look on the bright side, at least those automatic, harsh, just whats needed to fix the economy and pump the markets higher future cuts of 1.2 trillion over some 10 years in the next century will now kick in!!!!!!!!!!!!!!!!!!
T-minus 26 minutes until futures open positive, anyway.
This will be viewed some-fucking-way as good for equity.
It would be great if you are correct, as I would like nothing more than to sell yet another bad lead out of the corrupt and broken "futures" market.
I expect a rapid and unexplainable run up of futures right around 3 am. But, that's just me.
Would be nice if they held it for the open...however, I expect you will be getting quite a different reaction.
Very quietly, the Street gave up the "chase for performance into year end" thesis last week. I suspect the Street went short, and it intends to collect in light volume trading during a holiday shortened week.
But who knows...got to wait for the Pachinko balls to start flying on the open to get the daily direction anyway. I seriously doubt anyone would chase an up open at this point in time.
-108 and the open and immediately moving up...
That shit will be erased in 30 minutes, tops.
That fucker is jumping around 20 - 30 DOW points every 20 seconds. They're jacking the shit out of it and intervening right now.
Wait a minute...you were just calling for a huge up open on the failure of Congress to agree on anything...and instead you got the exact opposite move...and you are now saying that loss will be erased in 30 minutes? Ummm...call me confused.
And why are you watching the DOW futures, anyway? Watch the S&P break the 1200 mark tonight...and cue the panic monkeys. After the Pachinko machine open confirms the fraudulent futures market, then enjoy your short positions while preparing to sell the long end of the T bill curve about half way through the session.
Tomorrow should be a good day for all non hopium smokers.
It's called "sarcasm", dude- he was pretty transparent.....
Ummm...which part was he sarcastic about? The up open, the intervention after the plunge, or the implied ramp to positive that he expects at 3 am? Seriously...set down the crystal ball and back away slowly. In through the nose, out through the mouth.
Or perhaps the Street will realize that the EASIEST way to "chase performance" is to short a dropping market.....
The entire premise of out-chasing upside performance was flawed from the beginning;
Which is more realistic- risking capital to make 12% in an 10% up market, or sitting in cash in hope of a down 5% market?
But the Chase thesis made the CNBC zombies feel warm and fuzzy- that's all that matters.......
That runup usually happens right around 8:30, just in time for Becky Quick to ooze down her leg and Joe Kernan to unleash a load down Carl Quintanilla's back.
Yep- this will be perverted into some "now this clears the air for Constitutionality. which should embolden equities" bullshit.....
of course! US dollar drops, market rallies like crazy...it's ALL GOOD DOG!
Sadly, I wouldn't have expected anything else.
Bring Farage over here for his "you all should be fired" speech.
It's relevant.
They need Glengary Glen Ross
http://www.youtube.com/watch?v=QMFwFgG9NE8&feature=related
Of course you wouldn't expect anything else. It was pre-ordained. The Dems are looking for a wedge to drive through the Tea Partiers with tax increases being the favorite method, so they demanded tax concessions. Every one of the Republicans appointed to the committee have pledged their allegiance to Grover Norquist, and will be run out of office it they even hint at a compromise.
Bottom line, all came out of the gate posturing, posing, & preening for the next election. Who are the bigger Bozo's? Them, for their antics, or us for electing them? Regardless..we lose, as usual. Truly, this should become a total 'throw the bums out' election. Vote against EVERY incumbant. 535 random names chosen from the phone book could not possibly be worse, and a good argument could be made they would be better if not obligated to special interests and busy begging for campaign cash.
And speaking of campaign cash.
Rep. Deutch Unveils OCCUPIED Constitutional Amendment
Bans Corporate Money in Elections and Declares Corporations Are Not People
http://deutch.house.gov/News/DocumentSingle.aspx?DocumentID=269672
Let's see how many sponsors he gets with this one. If passed, it would totally revolutionize politics in America.
Letting the "temporary" tax cuts expire for the rich is a concession? In what universe. Holding the "temporary" tax breaks open past their expiration date was a Republican Demand. If the republicans had not demanded the extension, then the tax breaks would have expired. True the democrats caved in on the demand, but that was a democratic concession.
Putting aside the RW reality problems, deficits were running a trillion a year when Obama took office. Cutting $1.5 trillion in ten years is kind of a joke, if you ask me, cutting deficit projection from around 10 trillion plus to 8.5 trillion plus.
Watch-there is no way people are going to let defense spending take the hit. By putting off any cuts into 2013, this gives Congress will agree to increase defense spending and they'll be what, 600 billion in cuts on 10 trillion in projected further deficit spending.
Biggest, fastest, steepest parabolic run in TLT since 2008 to continue on Monday?
Check this chart out.
Simply eye-popping.
http://chart.finance.yahoo.com/z?s=TLT&t=my&q=l&l=on&z=l&a=v&p=s&lang=en...
I suspect that parabolic move will be finished by noon est tomorrow.
in robos eyes, we are all poor investors because we havent figured out how to build the delorean time machine and invest in the companies that robo loves to point out, in all his glorious hindsight, just shot up 300 percent........
"Robo Horseshoe loves Pets.com."
You missed the post where he showed the blueprints? That sucks.
Dude, put the charts away- seriously, what good have they done you? You'd lose a coin flip 4 out of 5 times with your charts......
This'll be used as the excuse for markets tanking. Not Europe. Why? Because obviously the galaxy revolves around Washington DC. At least we can all agree the situation on both sides of the Atlantic is shit.
Congress critters "kick the can" to a select group of Congress critters and the media rending of clothes and gnashing of teeth begins in earnest when it is discovered that a select group of can kickers is no better than the body they were selected from.
Hilarity ensues...lol.
Can't we just name another tsar? Why stop at 1,114?
Only if I get to be the head of the committie that picks the blue ribbon committie that eventually picks a new tsar...lol.
Good thing they already announced that if they don't come to an agreement there will be no consequences.
http://www.thedailyshow.com/watch/wed-november-16-2011/superbad?xrs=share_copy
Failure = Government
Bigger Failure = Bigger Government
It seems pretty clear to me. And Americans haven't complained about the creeping collossus for the past 66 years.
we need more local regular committees
clearly this is bullish for stocks because (insert ridiculous bullshit reason here)
Good news. accelerates the end game
Was it my imagination, or did I just hear Dick Bove say "buy defense stocks" on this news? :-)
Shocking news. Time to create another committee of gub'ment tools to sit around and argue with each other and do nothing. Where are the bond vigilantes?
We clearly need an ultra-committee to investigate why the super-committee failed, and perhaps an infra-watchdog-committee to keep the ultra-committee under scrutiny.
ZAPHOD: Right. Um look we’ve got to get manual control of this ship
The Hitchhiker's Guide to the Galaxy, Douglas Adams.TRILLIAN: Can you fly her?
ZAPHOD: No. Can you?
TRILLIAN: No.
ZAPHOD: Ford?
FORD: No.
ZAPHOD: Fine we’ll do it together.
Committee hell... I think we should form a 10,000 person strong Department of Budget Affairs and staff it with young bureaucrats fresh out of prIvy League schools. They'll be able to solve something.
Even better just do as the dolphins did and hightail it out of here...
"So long and thanks for all the fish..."
The Hitchhiker's Guide to the Galaxy, Douglas Adams.
Time to rid ourselves of these incompetents.
Term limits for politicians. One in office, and one in jail.
Good riddance to the Super Committee, now Boner can get back to working on his tan ... those nasty scary "Defense" cuts will be filibustered somehow I'm sure
Police burn protest tents to clear Cairo's Tahrir
http://tiny.cc/ujrf2
I guess those tents were a health threat.
it's funny that after spending hundreds of billions of dollars on the CIA and psyops, propaganda techniques, studying social networks, et c. the American regime still can't come up with any solutions more sophisticated than beat the shit out of a bunch of people re: the occupy movement.
Fear really does work magic.
USSA has a new dance called the JackBoot Boogie.
Be sure to wear you head gear doing this American craze.
Are we going to be told that the Egyptians need to obey their technocrat government ?
It matters not whether the government is an authoritarian police state or democratically elected government, what matters is whether that government will subjugate itself to the broader goals of the global financier class.
Technocrat, I keep reading that term. Did I miss the memo about the new PC alternative for fascist?
All technocrats are fascists, but some fascists are also elected officials!
I for one, believe the only solution is a Super Duper Committee.
So the automatic cuts come into effect. They are better than anything the super-committe would come up with. Bullish!
These clusterf**ks would never consider Ron Paull's plan to cut 1 TRILLION annually because they get paid the by twat lobbyiststo make the government bigger.
shhh, can you hear that? i think i hear the bear calvary coming
Looks like those December S&P 970's are good as gold...
wrf?
they voted themselves a pay raise and adjourned?
EUR/USD unchanged. Sorry bears.
/ES 13 point gap down opening...yeah...sorry.
LOL- better pay up for LIVE quotes......
Only 8 handles down, and risin. the magic 3am rally will close the gap.
1st rule of politics is to always keep the bar low.......should have called these morons the shithead committee
Bloomberg giving a news conference at 7:30 PM EST
supposedly terror related
it's called cleaning up the park.
I don't know what it is. A producer at msnbc (jesserodriquez) just tweeted so if it's not about terror blame that guy.
I don't find MSNBC to be entirely credible so it could be bullshit
Nothing like emptying a full can of pepper spray at point-blank range on some peacefully protesting students. Go long pepper spray and short the bill-of-rights.
Triple A bitchez!!!
Now that is the blackened long necked bird you do not want to see if your a bull. I beleive you now have to expect further downgrades and this time the reaction will not in my view be positive for US Treasury's. But we shall see with respect to the reaction to a downgrade. The US Treasury is still better than the EU garbage.
pass the trash.
It's super-commitees all the way down
Hopefully somebody gets the reference
What was I saying about controlled collapse aka planned decline?
TPTB just need to sit back and watch the rubes fight over the remaining crumbs.
Oh and thank you, rubes, for paying for our security through bailouts
What is pathetic is that Obama is probably going to be re elected and shows the massive void in leadership existing in this country right now, even with 9%+ unemployment for 2+ years, a 41% increase in debt from $10.6 to $15 Trillion and the first president to be in charge under a debt downgrade! Because all he needs to do is make a few youtube videos, write a few facebook posts, then speak from his teleprompter, and that is quite enough to convince all the gummy easily swayed sheeple back in his favor to vote for him again, as all the sheeple are interested in is how many NBA players have gang banged the Khardashians over the weekend!
You may not like President Obama but he is head and shoulders better than the second President Bush was and head and shoulders better than most of the Republican hopefuls ever could be.
What world do you live in? Obama makes Jimmy Carters economy look like the roaring twenties.
The current problems with the economy have almost nothing to do with President Obama. Things would have been even worse if McCain had won the election.
Obama's primary failures:
1) trying to do deals with Republicans
2) not sending a few hundred (or thousand) bankers to prison
3) not prohibiting naked credit default swaps and naked interest rate swaps
4) not imposing sensible capital adequacy requirements on the banks
5) not bringing back Glass Steagall
6) not pouring a trillion dollars into mortgage refinancing, debt forgiveness and infrastructure spending in 2009
7) agreeing to extend all of the Bush tax cuts for a few years.
Well, I'm glad to know that Obama had nothing to do with shutting down all the drilling jobs in the Gulf, the pipeline jobs from Canada to Texas, natural gas production in Ohio, and the like. I guess he just hasn't spent enough money to get the economy humming along yet.
You are an appologist for failure of leadership. I make no excuses for anyone whether they be republican or democrat. This president is an amateur and the ability to create consensus and compromise is a skill that he does not own. Do you think the 2010 elections was a mistake or a repudiation of Obama policies like most of us living in the real world of high unemployment and expanding poverty?
President Obama made a mistake in being too willing to compromise with the Republicans when he should have been intent on cutting their hearts out (figuratively speaking of course).
Go back to Daily Kos and Truthout.
You will be happier there.
Futures down a bill.
Bullish? I hate to give CNBS any spin ideas but with the supercommittes failure to reach a compromise, the uncertainty is gone and the US economy is saved fbecause of the tough medicine of the aotomatic cuts! Im sure theyll think of something.
IMO this superduper crap was just another can kicking in disguise. Naturally the automatic cuts kick in but since they are delayed there is of course plenty of time for congress to reneg on them.
Also it makes for good theatre because it makes it look like the dems and repubs arent the same and most importantly front running the eventual decision via congressional insider trading will be quite lucrative for the well connected.
Why do all these deck chairs keep sliding toward the bow of the ship?
Maybe Goldman can hook us up with a technocrat :)
after the first show didn't they do an increase of 500 billion about a month after?
The new social contract has been negotiated, and you lost
This was the plan all along. Opens it up for the White House to repeat their new mantra, "We Can't Wait," and send through some nifty Executive Orders.
I'm willing to wait
For some fucking real solutions and leadership
Each state should begin recall elections on there Senators and Representatives. Clearly they have not come to Washington to do their f'ing job. Pass the word and march the representatives out of Washington.
Bullish.
The SUPER Committee is tasked with proposing (at least) $US 1.2 TRILLION worth of spending cuts in US government spending over the next decade. The Treasury has racked up an official increase in funded debt of $US 5 TRILLION in 37.5 months - four times what the "super committee" is trying to cut over the next 120 months. The absurdity of this situation is beyond any fiction, it couldn't be invented.
Oooooooooooooooooh, shit..................
http://www.youtube.com/watch?v=XynIMOmFxF0&feature=related
A credit downgrade is the least of our worries.
The supercommittee was always a suicide pact. The Republicans have decided they would rather blow the country's brains out then let part of the Bush tax cuts (which were a huge mistake in the first place) expire. The Republicans have mismanaged this to the point where if they agree to any tax increases, or even don't manage to get an extension of the temporary Bush tax cuts, they are fucked politically.
I don't see the first word about spending cuts in your diatribe. Barry O'Bama (the good Irish lad that he is) signed off on the tax cuts again just last year...pretty sure they have to pass the House & Senate first.
So doesn't that make them the O'Bama tax cuts now?
And dont forget that if you give a deadbeat more money he will rush to spend it and forget about budgeting.
Lets get the spending under control first. Then if there are additional needs several years later, after our deadbeat has proven he can stick to a budget, then we can consider tax increases.
They are there to spend other peoples money, not reduce it.
They refuse to use the same budgeting process everyone else uses, preferring "baseline budgeting" where their budget expenditures always rise no matter how much revenue they take in.
What a friggin deal and innovation in the budget process. The TCT & the nmewn families get to buy new cars every year because expenditures go up?...lol. Not quite.
On top of this, they refuse to subject themselves to the laws they pass on us...insider trading just the latest example.
Fuck em...they don't deserve a dime more...they deserve $50 less.
nmewn - Spending cuts are a given. President Obama's position is that some revenue increases are a necessary part of the solution and the Republicans have said absolutely no revenue increases. So the Democrats are flexible on spending cuts and the Republicans are inflexible on revenue increases.
President Obama agreed to extend the Bush tax cuts (which had an expiry date). It was a mistake. Now they expire at the end of 2012. The Republicans are saying that the temporary tax cuts have to be made permanent as part of any deal.
You are asking the middle class to pay more. The "rich" get their income fom capital gains & dividends...not wages.
We just went over 15 trillion in debt because they can't find a way to cut spending. Revenue is not the problem...the spending is. And I can find a helluva lot better things to do with my wages than DC can.
nmewn - Most spending is either on defense or middle class entitlements. The country is going to need more revenue from the middle class because god loves the middle class and made a lot of them. I agree that taxes on the rich also need to rise and rise more than taxes on the middle class.
We did not "just" go fifteen trillion dollars in debt - that debt has been built up over a long time although accumulation has accelerated sharply during this recession.
Cutting spending is easy - cancel the new aircraft carriers, cancel the joint strike fighters, pull the army out of Iraq and Afghanistan immediately and then cut the military in half, cancel medicare benefits for anyone over 75 (they've lived long enough), cancel social security for anyone over 75 (same reason), cancel medicaid entirely (poor people don't deserve health care), cut the FBI and Homeland Security in half and tell them to prioritize better - there, we've made a good start. Of course, I've picked the obvious low hanging fruit and it is after these cuts that things get difficult.
"Of course, I've picked the obvious low hanging fruit and it is after these cuts that things get difficult."
Of course your obviously insane. Eugenics and national suicide has been tried and failed everywhere its been tried.
How does a bureacrat not having the proper revenue stream to spend on his job (which they by their very nature is an impossibility) equate to 75yr olds dropping dead in the street?