on money (in the abstract)

[Paul Mackin]

On 11/22/2011 12:08 PM, Mark Kohut wrote:
> Agreed. Obama (and team) won this back when they negotiated the 
> automatic cuts....(which O stuffed back at 'em with his "[Hell] No, 
> I'll veto")
> $600 billion dollars in military cuts......WIN......(No, our security 
> won't be threatened. Listen to Rumsfeld, even, talk about how it took 
> him 4 years(!)
> to get us out of Iceland!..Iceland had a base or 
> bases.....!!!....)...........
> We could probably---what do I know; I'm 90% busllshit anyway, at 
> least---cut the whole $$4 Tril grand bargain deal from the military 
> (over 10 years)
> without hurting our national security (but I'm one of those)...if we 
> had the political will....
> No cuts in SS or Medicare either....
> And tax cuts for the wealthy expire in @40 days--as well as for 
> everyone (which is supposed to hurt the economy further however)
> Now, to get regular foax tax cuts only passed.
>
> *From:* David Morris <fqmorris at gmail.com>
> *To:* Joseph Tracy <brook7 at sover.net>
> *Cc:* pynchon-l at waste.org
> *Sent:* Tuesday, November 22, 2011 10:58 AM
> *Subject:* Re: on money (in the abstract)
>
> On Tue, Nov 22, 2011 at 9:42 AM, Joseph Tracy <brook7 at sover.net 
> <mailto:brook7 at sover.net>> wrote:
> > Folks of all stripes and accents desperately seek to move their 
> money to some safe harbor - but where is this cozy mooring? To the US 
> for the moment perhaps; but what happens Monday morning when the 
> markets react to the weekend news that the US Senate super-committee 
> has been utterly unable to agree on decisive action that would 
> forestall the scheduled massive automatic budget cuts built into this 
> red-white-and-blue doomsday machine - not to mention the ratings 
> agencies threats to knock UST-paper down another notch upon such 
> failure. Oy yoy yoy!
>
> This is just plain silly.  Anyone who's been paying attention knew
> that the Catfood Commission was heading to deadlock, and if you're at
> all progressive you'll view this outcome as a good thing.  Doing
> Nothing was the best thing to happen.
>
> Just listen to Uncle Ernie:
>
> http://www.dailykos.com/story/2011/11/21/1038837/-Bernie-Sanders-explains-why-no-Super-Congress-deal-was-the-best-deal?via=blog_1
>
>
The republican provisional offer of a so-called compromise on revenues 
was a hoax--a scheme to get the Bush tax cuts extended.

The Washington Post editorial this morning completely fudged this fact. 
It didn't lie but it didn't connect the dots either.

The Times did good however.

P
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