Monday, July 18, 2011

This Week: Are We Going To Be Taken Seriously By The Very Serious People On The Debt Ceiling?




Nothing reminds me to take my blood pressure medicine like another Sunday morning in Absurdistan! Is it just me, or is it crazy to turn the deficit "crisis" into a political argument, and not an economic one? Have the Villagers so completely bought into the Grand Bargain narrative that it doesn't even occur to them that this is a really bad idea?

Oh, you already know the answer. These shows are nothing more than a high school vanity project for the Village elders. And that, of course, includes the media "journalists" who take part. What an incoherent mess.

Why does multimillionaire host Christian Amanpour [$2m salary, married to James Rubin, executive editor at Bloomberg News, adjunct professor at Columbia University, salaries unknown] allow Sen. Jon Kyl [worth between $519,090 to $746,082 ] to get away with saying a targeted tax increase on billionaire hedge fund managers is a "job killer"? She probably asks tougher questions of her 11-year-old son.

And OMB head Jacob Lew [In 2009, got $944,578 bailout bonus after working for Citigroup, where his salary was $1.1 million and "additional compensation". Current salary unknown] speaks in spin, all of which whizzes past Amanpour like a whiffle ball.

Could we just once have a real discussion on the nuts and bolts of the issues, instead of partisan spin?

Read More: Here

No comments:

Post a Comment