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Sham to Your Left, Sham To Your Right

I wish this phony debate about the debt and deficit “crisis” would be over because, truthfully, I’m running out of clever new ways to call this bi-partisan exercise the stupidity it truly is. So, sigh, here we go again — but I can leave it to others to call it by its true name.

You know the “compromise” you read about from the president and, then, the rejection and counter-offer from John Boehner. The whole thing is foolish, per the Citizens for Tax Justice:

New estimates from Citizens for Tax Justice show that the proposal by President Obama to extend the expiring tax cuts for income up to $400,000 would save only 24-84 percent as much revenue as his original proposals, depending on what details are included. Meanwhile, the so-called “Plan B” that House Speaker John Boehner is discussing to extend tax cuts for income up to $1 million would save only 15-53 percent as much revenue as Obama’s original proposals, depending on what details are included.

The farce continues. The robbery of the people continues — a worse robbery executed by the lunatics (we refer to them as “Republicans”) but the Democrats are blessing a continued draining of our wealth in very unwise ways.

Read the whole thing here.

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