Showing posts with label alternative. Show all posts
Showing posts with label alternative. Show all posts

Wednesday, September 19, 2012

Bernanke Not the Only One Telling Romney to Bug Off?


DoD Not Making Plans for Sequester Cuts

"For months, even as congressional negotiations have faltered, defense officials have insisted that they aren’t planning for harsh automatic budget cuts slated to go into effect in January because lawmakers will find an alternative solution."

Read into this as much as you want. One way or another, could sanity still prevail?

Or, could things get much worse?

Pentagon press secretary George Little called the automatic cuts “irresponsible” and repeated that “it is time for Congress to enact a balanced reduction in the deficit and a law halting the entire sequestration.”

“It’s pretty difficult for members to make informed decisions about the issue if they don’t fully understand the consequences ... ,” another committee staffer said. “It’s hard to create enough urgency to solve the problem.”

For Pete's sake! If they only knew how true that was.  More than they're letting on publicly.

"... failing to present realistic alternatives to lower the national deficit and prevent a national security disaster."

That's a very twisted way to present voluntary austerity, depression, and economic suicide. It actually is a national security disaster, but not in the way they're representing it.  We better hope that sanity actually could prevail.

The Defense Department isn’t the only federal agency left in the budgetary limbo. In July, the Office of Management and Budget issued guidance to federal agencies instructing them to continue normal spending and operations “to avoid unnecessarily diverting scarce resources.”

Could it be that the whole fiat deficit issue could go away after the election ... by fiat?