Tuesday, July 19, 2011

The Gang of Six, Seven or whatever -- debt ceiling compromise coming out of their gangland corners -- I HOPE!: The president was vague but talked about at first the gang of six and then the gang of 7 as he added one in hopes the debt ceiling will be raised. He said he is hoping that a deal is in the works. It would be as he said "strengthening entitlements" and some as he put it revenue.

So to me IF and I say IF the strengthening of Medicare and Social Security are based on income and need. i.e. those who pay into it and make more pay more, and those that get Medicare if they make more they will pay higher co-pays and higher fees to have Medicare I can live with that. If you make more you pay a LITTLE not a lot but a little more. Sounds good to me.

Other "revenue" I don't know -- maybe close a few loopholes. It's all very nebulous now. It's raising taxes by going around the mulberry bush maybe but keeping the entitlements for those who need it for example not paying the same as someone who can afford to pay more.

Ed Schultz who is absolutely death on compromising with Republicans I think is not correct. My feeling is if we the middle class do not take a hit and those who make much more than the middle class have to pay more we MUST make a compromise and raising the debt ceiling depends upon it. I think the rich will feel this very little. Okay great who cares? As long as the middle class and the poor do not feel it I say yes to compromise.

If the president can get a negotiated settlement with the worst of the worst most uncompromising and mean Republicans to ever grace the halls of congress since before the Civil War period than who can fault him? He may have saved the country and the world from implosion yet again but worse. Our actual national security is at risk. I say you can't fault him BUT I reserve the right to change my mind when the plan comes out IF it ever does.

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