Tuesday, July 19, 2011

Gang Of Six = The Bipartisan Screwing Of America For The Re-Elect Obama Campaign

Anytime you hear the phrase "Gang of (fill in the blank)" in politics, know that you and your fellow citizens are about to get screwed by both parties.

That's what that turncoat Tom Coburn did today (The Hill).

Sen. Tom Coburn (R-Okla.), who had pulled out of the Gang of Six in May, also rejoined the group and praised the plan as something that could win the 60 votes needed to pass the Senate.

“The plan has moved significantly, and it’s where we need to be — and it’s a start,” Coburn said. “This doesn’t solve our problems, but it creates the way forward where we can solve our problems.”

....According to an executive summary, the Gang of Six plan would stabilize the debt by 2014 and reduce publicly held debt to 70 percent of gross domestic product by 2021.

It would involve two separate bills — one implementing $500 billion in immediate deficit cuts and another implementing larger reforms. Conrad said he has held off marking up a budget in committee to use the normal budget process to move the Gang of Six plan.

Why are we waiting until 2014 to stabilize the debt? You could do that right now by repealing Obamacare. Oh, I forgot. Tom Coburn is good buddies with Richard Milhous Obama, who likes the plan (AP).
Time running short to raise the government's borrowing limit, President Barack Obama on Tuesday hailed a plan by a bipartisan senators' group on deficit reduction as the kind of "balanced approach" the nation is looking for. He said it's time for Congress as a whole to rally around such a proposal.

"We don't have any more time to engage in symbolic gestures, we don't have any more time to posture. It's time to get down to the business of actually solving this problem," the president said.

So it's more of the "time for talk is over" garbage from Obama that we heard during the stimulus and Obamacare debates. Never let a good crisis go to waste.

This plan doesn't solve our problems, what it does instead is kicks the can down the road and helps Obama out politically.

So don't be fooled. Despite the media hype, the Gang of Six plan isn't engineered for getting us out of debt, it's only being engineered to help Obama out politically, while the rest of us get screwed.

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