| They are strategizing the implementation of their Grand Bargain to cut Medicare and Social Security.
Neither the eventual presidential loser Mitt Romney, nor the President, who started this process, is explaining to voters what the Grand Bargain really is or how it is slowly coming to fruition. They are both leaving voters in the dark about what's going on in DC.
But let there be no doubt: lawmakers are diligently working for a bipartisan plan to cut Social Security and Medicare benefits and maintain the current tax rates for Millionaires and Billionaires:
All of this comes as talks on the fiscal cliff are beginning in earnest. Treasury Secretary Timothy Geithner made the rounds on the Hill this week, meeting with Boehner, Ways and Means Chairman Dave Camp (R-Mich.) and senators. Federal Reserve Chairman Ben Bernanke and Congressional Budget Office director Doug Elmendorf met with members of the Senate Finance Committee.
Boehner, in his most detailed remarks on the upcoming battle over taxes, said Friday he would not allow rates on the highest earners to expire, even if Obama were to win the presidency. He also hinted at the need for a grand deficit compromise - one that would reform the nation's entitlements alongside the tax code.
This bullshit "fiscal cliff" was constructed by lazy legislators (can we call them leeches?) who couldn't perform their duties and create a sound budget for the nation.
They sloughed it off and are quaking in their boots at having to do the real work of the jobs they were elected to do.
The Incessant Whiner (and former Investment Banker) Michael Bennet is one of the famous Gang of 8 senators who is pushing most dutifully for the Grand Bargain. Even though he has consistently told voters that he would fix Washington's broken ways he has always fallen in line with conventional wisdom and played the game as if he'd been there for 50 years.
To put it in simple terms:
The Grand Bargain will do to Americans what Mitt Romney and Bain Capital have done workers: Transfer the wealth of the nation permanently into the hands of the most wealthy at the expense of The Middle Class with no accountability for either the cowardly legislators or the cut-and-run Commissioners like Investment Banker Erskine Bowles and Alan Simpson. |