obamessiah signs debt limit bill after 'nasty' fight

including the disturbing new #supercongress...
from cbsnews: President Obama signed a hard-fought, last-minute compromise bill to avert economic catastrophe Tuesday, saying the deal to cut spending and increase the nation's $14.3 trillion debt limit marked an "important first step to ensuring that as a nation we live within our means." The bill, he said, was the outcome of a "long and contentious debate" to avoid a man-made economic disaster that he described as creating "unsettling" economic uncertainty. He said that while voters chose divided government, "they sure didn't vote for dysfunctional government."

previous: white house & congress critters close in on debt deal

related econocrash updates:
satire: drunken ben bernanke tells everyone at neighborhood bar how screwed the US economy really is*
the committee of 13 & the debt ceiling deal from hell*
US eats up most of debt limit in one day*
US borrowing tops 100% of gdp*
moody's confirms US aaa rating; meanwhile, food stamp use rises to record*
georgia & colorado bank failures cost US $2.5b*
howard stein, who helped teach public to invest, dies at 84*
US govt sues ubs for $900m, charging mortgage fraud*
reid announces deal to end faa shutdown*
dow plunges 512 points: here's what's bothering the stock market*
video: pelosi on house floor - 'novus ordo seclorum'*

election day 2010: voting for a restraining order?

from mike whitney: Barack Obama rode into office in January, 2008 on a wave of optimism. By the time the ballots are counted in Tuesday's midterm elections, Obama's personal approval ratings will have fallen to historic lows and he will be universally recognized as the man who brought ruin on the Democratic party.

While still popular among party loyalists, the president has become radioactive among independents--the critical group of “swing voters” who have fled Camp Obama en masse frustrated with both the lack of audacity and/or change. No one figured they were electing George W. Bush to a third term in office when they cast their vote for the inspiring senator from Illinois two years ago. But that's what they got. To say that supporters are disappointed in Obama's performance, is a gross understatement of the pessimism that's spread like Kudzu among the party faithful. People have become increasingly cynical as they realize that neither party provides a path to real structural change. The system is broken; Obama has merely exposed the rot at the heart of American democracy.

related: why i don't trust the tea party

US selection updates/post-mortem, part1:

terror drills, private military contractors & police state prep

why is fema trying to cover up national level exercise 2010?
from public intelligence: Public Intelligence has received a request from FEMA to remove a “For Official Use Only” document regarding the National Level Exercise 2010 (NLE 10), which was scheduled for this coming May.  The exercise was to be based on National Planning Scenario 1 which simulates a nuclear detonation in a U.S. city.  However, recent political pressure has led to the exercise being “scaled back” according to the Washington Post, Christian Science Monitor and a variety of other publications.  At the behest of Senator Harry Reid (D-NV), the exercise’s Nevada events have reportedly been canceled and the FEMA website now shows no mention of NLE 10.