At issue is destroying America's social contract, enacting corporate tax cuts, largely protecting super-rich elite benefits, and generously funding the Pentagon's war machine.
It's also about making ordinary households pay for militarism, permanent wars, and predatory capitalist waste, fraud, excess, and abuse. Making them bear the burden is official policy.
Both sides agree. Temporary or final resolution will harm millions least advantaged. Living standards will be hit hard. Expect House Republicans to come around in stages.
On or around yearend, modest agreement will be reached. Enough to last weeks or through 2013 Q I. Investors and markets will be assuaged. Negotiations will continue. Before end of March, other issued will be resolved.
Later discussions will involve major tax code changes. Corporate tax cuts will be prioritized. Obama agreed earlier. Doing so bought business support.
Republicans won't spurn major campaign donors. Compromise will benefit privileged Americans at the expense of all others. America's social contract is on the chopping block for elimination. Death by 1,000 cuts is planned. Responsible solutions are spurned.
Privatization will ruin Social Security, Medicare, and other government-run programs. Financial predators will strip mine them of worth.
Third-worldizing America is planned. Homeland repression will target nonbelievers.
America never was the land of the free and home of the brave. It was never beautiful and isn't now. The worst is yet to come. Bipartisan complicity assures it.
Stephen Lendman lives in Chicago and can be reached at Email address removed .
His new book is titled "Banker Occupation: Waging Financial War on Humanity."
Visit his blog site at sjlendman.blogspot.com and listen to cutting-edge discussions with distinguished guests on the Progressive Radio News Hour on the Progressive Radio Network Thursdays at 10AM US Central time and Saturdays and Sundays at noon. All programs are archived for easy listening.