Posted on 03/15/2010 6:07:08 AM PDT by Big Bureaucracy
President Obama already has the full list of the members of his National Commission on Fiscal Responsibility and Reform – known as the Debt Commission...... • Eskine Bowles (Democratic Co-Chair – appointed by President Obama) – Currently serves on the board of directors of General Motors Corporation, Morgan Stanley (where he began his career), Cousins Properties Inc. and NC Mutual Life Insurance Co. Bowles is President of the University of North Carolina.
MBA from Columbia University. Served as White House Chief of Staff for President Clinton . Bowles lost two bids for US Senate. Let’s hope he does not hold a grudge because he will have to work with bunch of Senators on the commission....
Bowles is a Big Shark that swims well in the risky waters of Wall-street and in the murky waters of politics. ........
• Alan Kooi Simpson (Republican Co-Chair – Appointed by president Obama) – professional politician. He served as a US Senator from Wyoming from 1979 to 1997. J D degree from the University of Wyoming. His knowledge about the US economy comes mostly from his serving on various senatorial committees .... His father, Milward L. Simpson, was among the six Republican members who voted against the Civil Rights Act of 1964. This fact may be the reason for Simpson’s “overreaction” in his career on social issues where he expressed consistently liberal positions.
Obama’s choice for Republican co-chair is somewhat disappointing for many conservatives. Simpson is a Washington insider which is not a popular thing to be in the recent days of the politics. It is not likely for Simpson to be a strong voice in cutting social spending. He was also caricatured as a Senator who is an alien from another planet in a ’94 supermarket paper saga......
(Excerpt) Read more at bigbureaucracy.com ...
Simpson was also co-sponsor of the 1986 Simpson-Mazzoli bill that provided a “one-time” amnesty to 2.7 million illegal aliens.
He likes to be “socially just” :)
At the taxpayer’s expense.
Exactly! The whole commission is designed to raise the taxes of the middle class, because the “rich” don’t have enough to cover the giant hole in the budget. They are thinking something like Value added tax - the same tax that make the organized crime happy in Europe.
The Commission was set up as cover for the politicians, just like the BRAC was. It shifts the decision making on hard issues to an appointed commission that cannot be held accountable by the public. It is a vehicle to raise taxes and the politicians will only say that they were “just following orders” and are not responsible for raising taxes or cutting entitlement programs.
Yes! Gives cover for Obama to raise the taxes for the middle class and break his “not even a dime extra” taxes promise.
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