Monday, March 12, 2012

The Light At The End O The Tunnel Is A Train (Wreck)

Surprise! Obama has a secret plan to deal with a catastrophic U.S. debt crisis. Here’s what might be in it « The Enterprise Blog: "So I think it’s reasonable to assume that the secret Obama-Orszag memo contains some options on massively raising taxes to send markets a signal that the United States is getting its fiscal house in order, ASAP.

Orszag, when he worked for Obama, was also the guy behind the creation of Obamacare’s Independent Medicare Payment Advisory Board. Starting in 2015, IPAB will have the power to making binding recommendations to cut Medicare provider payments if Medicare costs rise too quickly. As Orszag has put it: “This could well turn out to be as consequential for health policy as Federal Reserve policy was for monetary policy. The commission will put its proposals forward and if Congress does not act on them, or if it votes them down and the president then vetoes that bill, they will automatically take effect. Huge change.”"
This is way, way beyond a RTWT. This is your future-O-rama.

An early, poverty-stricken death.

Lights out.

O Duce thinks you deserve it after making him wait so long to be your King.