[JIM O]

I love it when they compromise

[pepsionice]

I think after Moodys downgrades our bonds next week...everyone will have a fresh new attitude about these issues. Once you into the business of hustling up bonds....you should have always considered the consequences when you spent too much money.

[Owen]

Keep in mind 1 thing:

They no longer want a tax increase because it is immediate and it is fiscal contraction. Do that to a teetering economy and unemployment will explode further, and that’s that for re-election.

So make no mistake here, this is not and never has been about taxes. It’s about spending, and frankly, a sharp cut to FY2012 spending is ALSO fiscal contraction and will spike unemployment.

It’s beyond salvation.

[Fraxinus]

I am getting reminded of the debate about the Ratification of the Treaty of Versailles. BTW the Irreconcilables won that power play despite being the smallest faction of three.