Lobbyist Kryptonite Doomed Supercommittee
Much to no oneâs surprise, the supercommittee turned out to be anything but super.
There was never any real intention by the members of the committee to make cuts of any significance. Making real cuts would have made the lobbyists unhappy, and Congress is all about keeping the lobbyists happy.Â Now, the blame game begins.
The truth is that the whole process was a charade from the start. Itâs more Kabuki Theater from the political elites who want a wedge issue to use in an election season.
Neither Republicans nor Democrats have any interest in cutting off their gravy train: Fiat money from the U.S. Treasury to the lobbyistsâ pockets and back into the political elitesâ coffers.
K-Street was the supercommitteeâs kryptonite.
Bob Livingston is an ultra-conservative American and author of The Bob Livingston Letterâ˘, founded in 1969. Bob has devoted much of his life to research and the quest for truth on a variety of subjects. Bob specializes in health issues such as nutritional supplements and alternatives to drugs, as well as issues of privacy (both personal and financial), asset protection and the preservation of freedom.
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