The Committee will consist of twelve members of Congress, six from the “House of Representatives” and six from the Senate, with Obama being the 13th member. Three members have been appointed by the Speaker and Minority Leader of the House and the Majority and Minority Leaders of the Senate. Two of the members are designated as co-chairs, one each by the Senate Majority Leader and by the House Speaker. According to the Los Angeles Times, the "most important players" in the process will be the four leaders selecting the twelve committee members.
The Budget Control Act increased the debt ceiling by $400 billion in August 2011, and required the federal government to make $917 billion in spending cuts over a ten-year period as a first installment. The Committee will then have the power to recommend at least $1.5 trillion in additional deficit reduction steps to happen over a ten–year period. Further spending cuts, including tax or revenue increases, tax reforms, and reforms (benefit reductions) to entitlement programs like Medicare and Social Security will likely be recommended.
The committee's recommendations would then be put to a vote by Congress in a simple up or down vote, without any amendments or House "majority of the majority" blocks or Senate filibusters possible. In other words, Congress has delegated its power over the country’s finances to the 13-member Super Congress.
LaRouche compares the Super Congress to Hitler’s enabling law:
The Super Congress should also remind you of when Congress enacted the Federal Reserve Act in 1913, delegating to private bankers congressional power to regulate the economy, coin money, and regulate the value thereof. Since 1913, the dollar has lost over 95% of its value. Additionally, former Federal Reserve Chairman Alan Greenspan brags that the private Federal Reserve is above the law and has no issue destroying the little remaining value of the dollar. Additionally, the private Fed is great at making its friends wealthy through low- or no-interest loans. From 2007-2010, it gave the largest banks, including Citigroup, Morgan Stanley, and Bank of America, 16.1 Trillion dollars; that’s more than a year of U.S. Gross Domestic Product. Of course, the private Fed issues debt-based fiat currency (money as debt) so there is never enough credit in circulation to pay back all the principal plus interest on the loans outstanding, which is why the concept of bankruptcy is built into the system. As Proverbs tells us, the borrower is servant to the lender.
Likewise, the Super Congress can be compared to the Politburo (Political Bureau of the Central Committee of the Communist Party of the Soviet Union), which functioned as the central policy making and governing body of the Communist Party of the Soviet Union. The Politburo was a self-perpetuating body that served as the executive branch of the
Freedom loving Americans should also be weary of the Super Congress when it is considered with Obama’s Council of Governors, established by executive order. The order, signed on January 11, 2010, further diminishes the sovereignty of the states and builds on a framework for possible martial law. The executive order was completely ignored by the corporate media. Fundamentally, the order states that the Pentagon and Homeland Security will give hand-picked state governors their marching orders under the guise of “synchronization and integration of State and Federal military activities in the United States,” a direct violation of Posse Comitatus.
In conclusion, political power has been further centralized. Congress has once again sold the American people down the river by relinquishing its power to regulate the economy to Obama and his Super Congress. The Super Congress is composed of globalist stooges who will further devalue the U.S. dollar, increase taxes, and cut earned benefits to recipients of Social Security and Medicare. The Super Congress reeks of Hitler’s enabling law and the Soviet Politburo, as the once-free Unites States descends into a centrally planned totalitarian gulag.
It is up to you to wake up your friends and family now by sharing important stories from the alternative media with them. Evil only succeeds when good men and women do nothing to stop it.
Ethan Jacobs is founder of Beachday Surfwear. He holds a Juris Doctor and Bachelor of Arts degree in Political Science. Ethan’s passion is researching and writing about important issues to defeat every form of tyranny over the mind of man.