By John Galt
July 31, 2011
The equity futures are soaring.
Gold is being sold.
Still sucking wind, once again proving currency traders are smarter than equity morons.
Meanwhile breaking just a minute ago on Fox News was the fact that the head of the Congressional Progressive Caucus, aka Americommies, and the only honest enough to admit it Socialist in the Senate, Bernie Sanders (S-VT), have come out somewhat pissed off about the proposed “debt deal” and this fiasco may go even deeper into the “oh dang, we could still crash” territory before this is settled.
The Washington Times picked up on this a few hours ago with this story by Stephen Dinan and Sean Lengell:
Even without a debt-limit deal completed, liberal lawmakers and activist groups are already lining up against the outlines of the agreement, saying President Obama and congressional Democrats are risking Social Security while squandering a chance to force tax increases.
“Today we, and everyone we have worked to speak for and fight for, were thrown under the bus,” Rep. Raul Grijalva, an Arizona Democrat who is co-chairman of the Congressional Progressive Caucus, said Sunday as top senators began to describe the deal they are trying to strike with Mr. Obama.
Attention throughout the debt debate has been showered on tea party-powered Republicans, while liberal lawmakers think they’ve been ill-represented in the negotiations.
And this weekend that frustration boiled over.
In the House, a handful of liberal members voted against Democrats’ plan, as did Sen. Bernard Sanders, a Vermont independent who caucuses with Democrats and who had harsh words for the trajectory of discussions over the last few months.
Mr. Sanders, a self-identified socialist, complained that in that bill, “not one penny of revenue” would be raised.
Though Mr. Obama and House Speaker John A. Boehner flirted with possible tax increases in earlier talks, those have not been part of the bills on the House and Senate floors during the last two weeks, and senators said they are not part of the outlines of the final deal taking shape.
And just as worrisome to left-leaning Democrats is the deal’s apparent establishment of a committee to recommend future deficit reduction. Liberal lawmakers said they expect that committee to try to cut money from Medicare benefits and Social Security payments.
Get ready for a wild 48 hours as the commielibs and Tea Party crowd actually have agreed on one very obvious fact:
The leadership of the two political parties are whores who betray people and our nation for a living.