The Democratic and Republican parties have outworn their effectiveness, their usefulness and the charade of competence that Congress struts through our elected officials.
BACKSTAGE “” HOW THE SUPERCOMMITTEE FLUNKED: The supercommittee last met Nov. 1 “” three weeks ago! It was a public hearing featuring a history lesson, “Overview of Previous Debt Proposals,” with Alan Simpson, Erskine Bowles, Pete Domenici and Alice Rivlin. The last PRIVATE meeting was Oct. 26. You might as well stop reading right there: The 12 members (6 House, 6 Senate; 6 R, 6 D) were never going to strike a bargain, grand or otherwise, if they weren’t talking to each other. Yes, we get that real deal-making occurs in small groups. But there never WAS a functioning supercommittee: There was Republican posturing and Democratic posturing, with some side conversations across the aisle.
Also see the CNN report.
The party’s over.
UPDATE (11.21.11): Reuters confirms, after Congress failed, the supercommittee fails too.