The late word filtering out of Washington is that the outlines of a compromise on the debt limit has emerged that includes things the Republicans will like (no taxes) and the main thing that President Obama has listed as critical: getting him past November 2012 without this issue coming up again. Oh, and everybody can breathe easier: there will be a "Super Committee" that will cut lots of spending or else.
I, for one, think it's time to stop staffing these commissions with politicians, economists, and people with years of experience navigating fiscal policy (e.g. Bowles-Simpson). Let turn it over to the dumbest people in America: the Casey Anthony jurors. How much worse could they do? I mean look at the "smart power" of this White House as a baseline for comparison.