Olbermann: "The four great hypocrisies of the debt deal"

Keith Olbermann's Special Comment on the current Debt Deal mess:



For those who want something to read (though the whole thing is quotable), those hypocrisies are:

1. The select committee (a "third house of Congress") that forces $1.5 trillion in cuts without assigning responsibility to the actual Congress.

2. The super-adherents to the Constitution want the stupidest amendment to the Constitution ever: the balanced budget amendment.

Per Keith, that amendment would repeat the Hoover experiment, since the economy during the Great Depression "turns out to be comprised of a bunch of rich people who will sit on their money no matter if the country starves."

3. The trigger for cuts if the Super-Congress can't agree won't make cuts come evenly from defense or non-defense.

4. There's an evident agreement to not add revenues, ever. "The rich are indemnified again."

And finally: "Where is the outrage to come from? From you."

In other words, you're the answer you were waiting for — or so I hear.

GP