Deal, No Deal, Deal, No Deal, Deal

"All we are saying, is give fleecing the middle class a chance" - Mitch McConnell

Some kind of bastard monstrosity has apparently been cooked up by our ultra right wing dysfunctional overlords. All I know is:

a. You and I are going to pay for decades of Republican greed and horrendous policy from the likes of Reagan and the Bush tag team economy wreckers all of which was gleefully approved by spineless simpering Democrats thinking they were doing "meaningful negotiating."
b. The elite rich will score a major coupe.
c. Our retirement is even more questionable.
d. Our health care is even more questionable.
e. America will continue to fight wars essentially designed to enrich energy companies and raw material corporate sectors.
f. The Tea Party is a collective nightmare from the deepest recesses of sub hell, the place below hell and even worse than hell.
g. I am going to enjoy this beautiful day here in Upstate NY.

ABC: Congressional Sources: Republicans and Democrats Reach Tentative Debt Deal

If Congress does not approve those cuts by December 23, automatic across-the-board cuts go into effect, including cuts to Defense and Medicare. This "trigger" is designed to force action on the deficit reduction committee's recommendations by making the alternative painful to both Democrats and Republicans.


A Republican briefed on the framework says this will be unacceptable to many Republicans because it could force them to face a choice between accepting tax increases (if that is what the committee recommends) or automatic cuts that would gut the Pentagon's budget.

Reuters: Hopes emerge of deal to avoid U.S. default

A U.S. default would plunge financial markets and economies around the globe into turmoil. U.S. stocks markets last week posted their worst losses in a year, the dollar slumped and nervous investors pulled up cash into insured bank accounts.


The partisan squabbling and brinkmanship has dented the U.S. image as the world's capitalist superpower, causing alarm among foreign governments, some of whom have expressed incredulity that American politicians would risk a national default by clinging to hardline, intransigent positions.