'Will the Super Committee Act Out of Fear?'

from frum forum.........

"First, the three trends: mounting anger at disparity of incomes and outcomes, exemplified in part first by the Tea Party movement and now by the growing “Occupy Wall Street” marches; widespread fear about job losses and another recession, revealed in every national poll in the past 18 months; and, the growing awareness in Congress that it is largely believed to be incompetent at best and venally so at worst.

So far, Wall Street and other elites have pooh-poohed the would-be occupiers as “hippies.” “silly students,” “union goons.” But members of Congress see none of those kinds of people—they see voters and they see headlines. Wall Street apparently believes that nothing will ultimately come of all this distraction and that Congress will surely ignore them. Wall Street may be right about Washington, D.C., for once".........READ MORE