Page 1 of 10 123 ... LastLast
Results 1 to 10 of 94

Thread: CNN: Aides; 'Super Committee' likely to announce failure to reach debt deal.

  1. #1
    Banned
    Join Date
    May 2011
    Location
    Golden City of the Risen Dead
    Last Seen
    10-05-12 @ 12:25 AM
    Gender
    Lean
    Libertarian - Left
    Posts
    4,310

    CNN: Aides; 'Super Committee' likely to announce failure to reach debt deal.

    'Super Committee' likely to announce failure to reach debt deal.

    A weekend of talks among members of the congressional committee charged with coming up with $1.2 trillion in budget cuts appeared to produce no last-minute compromise ahead of Monday's practical deadline.Democratic and Republican aides told CNN on Sunday that discussions had turned to how to announce the failure to reach a deal.A senior Democratic aide said talks are focused on a Monday announcement.Another senior Democratic source said, "No decisions or agreement has been reached concerning any announcement or how this will end. But, yes, the likely outcome is no agreement will be reached."
    Last edited by RadicalModerate; 11-21-11 at 11:33 AM.

  2. #2
    Sage
    apdst's Avatar
    Join Date
    Jun 2009
    Location
    Bagdad, La.
    Last Seen
    Today @ 10:23 AM
    Gender
    Lean
    Very Conservative
    Posts
    76,219

    Re: CNN: Aides; 'Super Committee' likely to announce failure to reach debt deal.

    I'm shocked!
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  3. #3
    Sage


    MaggieD's Avatar
    Join Date
    Jul 2010
    Location
    Chicago Area
    Last Seen
    @
    Gender
    Lean
    Moderate
    Posts
    43,242
    Blog Entries
    43

    Re: CNN: Aides; 'Super Committee' likely to announce failure to reach debt deal.

    Quote Originally Posted by RadicalModerate View Post
    A weekend of talks among members of the congressional committee charged with coming up with $1.2 trillion in budget cuts appeared to produce no last-minute compromise ahead of Monday's practical deadline.Democratic and Republican aides told CNN on Sunday that discussions had turned to how to announce the failure to reach a deal.A senior Democratic aide said talks are focused on a Monday announcement.Another senior Democratic source said, "No decisions or agreement has been reached concerning any announcement or how this will end. But, yes, the likely outcome is no agreement will be reached."
    If I worked for a company and was told to put together a focus group and put together some money saving ideas, and came back with nothing at all! I'd be fired. Democrats: We're not agreeing to anything until you agree to raise taxes. Republicans: We're not agreeing to raise taxes.

    Fire 'em all.

    'Course I'm pretty sure this has everything to do with next year's election. Nobody wants to do anything that might blow up in their face. So they don't do anything. We've got exactly what we deserve, folks: Village Idiots.
    Last edited by MaggieD; 11-21-11 at 11:25 AM.
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

  4. #4
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 10:19 AM
    Lean
    Undisclosed
    Posts
    89,622

    Re: CNN: Aides; 'Super Committee' likely to announce failure to reach debt deal.

    I have said this before and I will continue to bring it up since it fits perfectly. I used to teach history out of a textbook that had a chapter titled THE FAILURE OF THE POLITICIANS. It was about the era of the 1850's and the build up to the Civil War. The nation was then split geographically and economically and even morally and ethically. Those divisions caused both sides to dig in their heels more and more with each arising crisis and each passing year until we know what the resolution was.

    More and more I feel that this is a parallel era. The ideological polarization of the parties is at its worst I have seen in my life time - and I am 62 and have been following politics since the sixth grade and the JFK election.
    Both parties have very very different views about government, the role it plays in our lives, taxation and class and income distribution problems.

    Until this ideological true believer mentality wanes and the practical pragmatists take over, we are doomed.
    Last edited by haymarket; 11-21-11 at 11:29 AM.
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

  5. #5
    Sage

    Join Date
    Oct 2007
    Location
    New York
    Last Seen
    11-28-17 @ 04:47 PM
    Gender
    Lean
    Centrist
    Posts
    11,690

    Re: CNN: Aides; 'Super Committee' likely to announce failure to reach debt deal.

    Some in Washington slammed Standard & Poor's for singling out Washington's dysfunction in reducing the U.S. credit rating (I felt the observation was valid then and still feel that way today). This latest situation can only reinforce S&P's assessment. More worrisome, it might erode some of the relatively greater confidence Fitch and Moody's have retained in the capacity of U.S. policy makers to address the nation's long-term challenges. Unless Washington gains policy makers who are willing to compromise to find mutually beneficial solutions rather than the present group of "theologians" who merely seek to posture while rejecting meaningful compromise, the deadlock will likely persist.
    Last edited by donsutherland1; 11-21-11 at 11:31 AM.

  6. #6
    Sage

    Join Date
    Oct 2007
    Location
    New York
    Last Seen
    11-28-17 @ 04:47 PM
    Gender
    Lean
    Centrist
    Posts
    11,690

    Re: CNN: Aides; 'Super Committee' likely to announce failure to reach debt deal.

    Quote Originally Posted by haymarket View Post
    Until this ideological true believer mentality wanes and the practical pragmatists take over, we are doomed.
    I believe this is a key point. Washington remains entrenched in a posture that largely treats the nation's long-term fiscal challenges as a philosophical debate. Instead, the latitude for action on Washington's terms is diminishing and, once market confidence erodes, that flexibility will dissipate. The decision to hold fast to ideological lines in the sand is, regardless of the protests of those involved, a decision to do nothing. Unfortunately, doing nothing is not a beneficial policy choice.

    Waiting for the 2012 election with the hope that the outcome would break the deadlock is also not an optimal choice. The public might well support candidates who promise the least pain so to speak. Hence, there is no guarantee that the election will create a more favorable landscape for policy making.

    In the end, the longer the nation's policy makers wait, the shorter the transition period will be and the more painful the reforms will have to be. That Europe remains the focus of debt challenges at present does not mean that such challenges won't ultimately cross the Atlantic and begin to manifest themselves in the U.S. Today's leaders might believe the decision to raise taxes (largely Republicans) and reform benefits (largely Democrats) to some degree are too risky to embrace. Those risks will likely prove very modest should market confidence in the U.S. deteriorate. Then, immediate, far-reaching, and much more painful decisions would be required to stabilize the situation.

  7. #7
    Banned
    Join Date
    Oct 2010
    Location
    Laramie, Wyoming
    Last Seen
    04-22-13 @ 04:08 AM
    Gender
    Lean
    Independent
    Posts
    221

    Re: CNN: Aides; 'Super Committee' likely to announce failure to reach debt deal.

    "The alternate domination of one faction over another, sharpened by the spirit of revenge natural to party dissention, which in different ages & countries has perpetrated the most horrid enormities, is itself a frightful despotism. But this leads at length to a more formal and permanent despotism. The disorders & miseries, which result, gradually incline the minds of men to seek security & repose in the absolute power of an Individual: and sooner or later the chief of some prevailing faction more able or more fortunate than his competitors, turns this disposition to the purposes of his own elevation, on the ruins of Public Liberty." — George Washington, September 19, 1796

  8. #8
    Banned
    Join Date
    Feb 2011
    Location
    Everywhere and Nowhere
    Last Seen
    03-07-12 @ 03:28 AM
    Lean
    Independent
    Posts
    3,692

    Re: CNN: Aides; 'Super Committee' likely to announce failure to reach debt deal.

    It's up to the People now to do their job and protest for government change. The government has proven itself useless.

  9. #9
    200M yrs of experience
    Frolicking Dinosaurs's Avatar
    Join Date
    Aug 2008
    Location
    Southeastern USA
    Last Seen
    05-07-12 @ 12:19 AM
    Gender
    Lean
    Other
    Posts
    2,166

    Re: CNN: Aides; 'Super Committee' likely to announce failure to reach debt deal.

    Quote Originally Posted by MaggieD View Post
    If I worked for a company and was told to put together a focus group and put together some money saving ideas, and came back with nothing at all! I'd be fired. Democrats: We're not agreeing to anything until you agree to raise taxes. Republicans: We're not agreeing to raise taxes.

    Fire 'em all.

    'Course I'm pretty sure this has everything to do with next year's election. Nobody wants to do anything that might blow up in their face. So they don't do anything. We've got exactly what we deserve, folks: Village Idiots.
    clap2.gif Not addressing this may well be doing something that will blow up in their faces.

    I predict that 2012 will see one of the largest replacements of long-time senators and representatives seen in recent times. Only congressmen who have tried to work together need to stay and those elected to replace them need to be committed first and foremost to actually getting things done instead of holding the party line.

  10. #10
    Guru

    Join Date
    Aug 2011
    Location
    In a Blue State
    Last Seen
    12-07-17 @ 03:24 PM
    Gender
    Lean
    Libertarian
    Posts
    4,732

    Re: CNN: Aides; 'Super Committee' likely to announce failure to reach debt deal.

    I had some hope by only using a 8 of our elected leaders we could get something done. Unfortunately those 8 are party representatives. We would have gotten the same result with the entire congress. It is so hard to have faith in them to do anything for the people of this nation. My protest will happen November 6, 2012 when I don't vote for any incumbents.

    I love haymarket's point and it is appropriate that it came from a History teacher. "Those who do not study history are doomed to repeat it." - Georges Santayana
    We went from sticks and stones may break my bones but words will never hurt me to safe spaces.

Page 1 of 10 123 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •