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(Talking Points Memo)   Jon Stewart sums up the fiscal cliff quite nicely: "There's an asteroid headed towards the Earth. We made it and fired it at ourselves"   (tpmdc.talkingpointsmemo.com) divider line 123
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2477 clicks; posted to Politics » on 30 Nov 2012 at 10:15 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-11-30 09:35:39 AM
deadhomersociety.files.wordpress.com
 
2012-11-30 09:36:25 AM
Oblig:

o.aolcdn.com
 
2012-11-30 09:40:57 AM
Republicans, you kicked the can down the road hoping you would flip the white house and gain enough votes in the Senate. You failed, the American public rejected your plan. Hell the Ryan plan did more damage to you then it helped. Stop being babies and admit your policies suck. Obama appears to not be folding this time being both a lame duck and having the public on his side.

the only thing that can come from this for the Republicans is a further loss of the senior vote, way to alienate one of your strongest demographics
 
2012-11-30 09:44:54 AM

zedster: Republicans, you kicked the can down the road hoping you would flip the white house and gain enough votes in the Senate. You failed, the American public rejected your plan. Hell the Ryan plan did more damage to you then it helped. Stop being babies and admit your policies suck. Obama appears to not be folding this time being both a lame duck and having the public on his side.

the only thing that can come from this for the Republicans is a further loss of the senior vote, way to alienate one of your strongest demographics


I can't imagine the republicans gaining much ground with their cut to Medicare and raising the age for social security so they can protect tax cuts for "job creators" who haven't created a farking job in years already.
 
2012-11-30 09:45:59 AM
My recommendation for everyone with a portfolio is to sell all long term holdings that have decent gains, wait for the market to start tanking and buy in when everyone else is selling off.

This is getting predictable. Politicians stonewall until the market starts to tank, then come to an agreement and the market recovers. It's a good opportunity to make money off a crap situation.
 
2012-11-30 09:54:31 AM
He made a good point.

He was spot on in pointing out the bullshiat.

Too bad this will fall on deaf ears more focused on the blame-game over, you know, actually fixing the problem
 
2012-11-30 09:54:56 AM

Gwendolyn: zedster: Republicans, you kicked the can down the road hoping you would flip the white house and gain enough votes in the Senate. You failed, the American public rejected your plan. Hell the Ryan plan did more damage to you then it helped. Stop being babies and admit your policies suck. Obama appears to not be folding this time being both a lame duck and having the public on his side.

the only thing that can come from this for the Republicans is a further loss of the senior vote, way to alienate one of your strongest demographics

I can't imagine the republicans gaining much ground with their cut to Medicare and raising the age for social security so they can protect tax cuts for "job creators" who haven't created a farking job in years already.


Republicans seem to think if they waver or show cracks they will die, so they put up a united front. The more moderate Republicans getting eaten by Tea Partiers does give them reason to fear that. However, I think the tea party is now almost irrelevant, if it wasn't for gerrymandering the Republicans would have been devastated in this past election. They need to stop and listen to the public before because they are becoming a corporatist party, and even if corporations are people they cannot cast ballots yet
 
2012-11-30 09:57:49 AM

Otherwise Just Fine: This is getting predictable. Politicians stonewall until the market starts to tank, then come to an agreement and the market recovers. It's a good opportunity to make money off a crap situation.


Retail is scared this will kill this holiday season, that should keep some pressure on to solve this fast. Plus you have the defense establishment not wanting to get hit with the cuts. I have a feeling there will be more outside pressure on the GOP then on the Dems to solve this.
 
2012-11-30 10:16:29 AM

cman: Too bad this will fall on deaf ears more focused on the blame-game over, you know, actually fixing the problem


It's the Republicans who play the blame game.
 
2012-11-30 10:19:24 AM

Gwendolyn: zedster: Republicans, you kicked the can down the road hoping you would flip the white house and gain enough votes in the Senate. You failed, the American public rejected your plan. Hell the Ryan plan did more damage to you then it helped. Stop being babies and admit your policies suck. Obama appears to not be folding this time being both a lame duck and having the public on his side.

the only thing that can come from this for the Republicans is a further loss of the senior vote, way to alienate one of your strongest demographics

I can't imagine the republicans gaining much ground with their cut to Medicare and raising the age for social security so they can protect tax cuts for "job creators" who haven't created a farking job in years already.


Obama said 5 million jobs were created in the last 4 years.......he even used those numbers in his campaign.

You dont thonk the poors created those jobs....do you?
 
2012-11-30 10:19:45 AM
"There's an asteroid headed towards the Earth. We made it and fired it at ourselves"

And the congressional republicans response to the crisis is to blame Obama from not stopping them from getting 98% of what they wanted.
 
2012-11-30 10:20:16 AM
The GOP is split right now between those who would compromise and try to get what they can, while they can, and those that see compromise as a weakness that the Democrats will pounce upon and use to rip them to shreds.

And, like it or not, whether we go 'over the cliff' is entirely dependent on which group of GOP win out in their internal war.
 
2012-11-30 10:22:15 AM

Otherwise Just Fine: My recommendation for everyone with a portfolio is to sell all long term holdings that have decent gains, wait for the market to start tanking and buy in when everyone else is selling off.

This is getting predictable. Politicians stonewall until the market starts to tank, then come to an agreement and the market recovers. It's a good opportunity to make money off a crap situation.


Unless they reach a reasonable deal, in which case you miss the ride as things go up.

Market timing is usually a fools errand.
 
2012-11-30 10:23:23 AM

zedster: the senior vote, way to alienate one of your strongest demographics


If the seniors around here (Central Florida, lotta transplants) are any indication, they're mainly interested in health care and the long term budget situation. Both of these are threatened by the Republican's "Cut everything. No taxes. Yada. Yada. Quack. Quack"
 
2012-11-30 10:23:34 AM

zedster: Otherwise Just Fine: This is getting predictable. Politicians stonewall until the market starts to tank, then come to an agreement and the market recovers. It's a good opportunity to make money off a crap situation.

Retail is scared this will kill this holiday season, that should keep some pressure on to solve this fast. Plus you have the defense establishment not wanting to get hit with the cuts. I have a feeling there will be more outside pressure on the GOP then on the Dems to solve this.


And while I was hearing rumors yesterday that Obama may make concessions on taxes, I heard Carney say this morning "The president will not sign another extension of the Bush rates."

This may be the first time in my life that the Dems show a spine this rigid. I imagine we may not get the top TWO bracket rates rolled back, but getting the top one undone is a big step. I'm also eager to see what deductions fall by the wayside.

I also caught an interesting fact on WTOP yesterday evening - apparently, the US is one of the only first-world countries (if not the only one) that still has a mortgage interest deduction. Yes, it'd suck if we got rid of it, especially for new homeowners, but it appears that the rest of the developed world does just fine.
 
2012-11-30 10:24:00 AM

Karac: "There's an asteroid headed towards the Earth. We made it and fired it at ourselves"

And the congressional republicans response to the crisis is to blame Obama from not stopping them from getting 98% of what they wanted.


More like 100%. They got some GREAT deals offered to them when we went through this shiat last summer, and they totally rejected it. These clowns think "negotiate" means "give us everything we want right now or we'll scream." They need to do their damn jobs and do some actual work for once.
 
2012-11-30 10:24:10 AM

Giltric: Gwendolyn: zedster: Republicans, you kicked the can down the road hoping you would flip the white house and gain enough votes in the Senate. You failed, the American public rejected your plan. Hell the Ryan plan did more damage to you then it helped. Stop being babies and admit your policies suck. Obama appears to not be folding this time being both a lame duck and having the public on his side.

the only thing that can come from this for the Republicans is a further loss of the senior vote, way to alienate one of your strongest demographics

I can't imagine the republicans gaining much ground with their cut to Medicare and raising the age for social security so they can protect tax cuts for "job creators" who haven't created a farking job in years already.

Obama said 5 million jobs were created in the last 4 years.......he even used those numbers in his campaign.

You dont thonk the poors created those jobs....do you?


Since we're asking rhetorical questions, who the hell do you think purchases all of the things that drive demand, and therefore, create jobs? The rich, who want for nothing? Or the poor and middle classes, who stretch every dollar to live?
 
2012-11-30 10:24:32 AM

Infernalist: The GOP is split right now between those who would compromise and try to get what they can, while they can, and those that see compromise as a weakness that the Democrats will pounce upon and use to rip them to shreds.

And, like it or not, whether we go 'over the cliff' is entirely dependent on which group of GOP win out in their internal war.


I agree. The portion of the GOP that has simply folded it's arms and said "We want out way or we will continue to block this" will cause far more damage to the GOP than to the administration. I guess they are not serious about winning in 2014 / 2016 either.

Now would be the time for the GOP to rediscover "part unity" and focus on getting it done INCLUDING COMPROMISES "

/Or they can double down on the derp like they keep doing
 
2012-11-30 10:25:26 AM
BTW, not necessarily directed at you, Giltric, just anyone who might genuinely be thinking like that.

//should've accounted properly for snark
 
2012-11-30 10:25:45 AM

zedster: Gwendolyn: zedster: Republicans, you kicked the can down the road hoping you would flip the white house and gain enough votes in the Senate. You failed, the American public rejected your plan. Hell the Ryan plan did more damage to you then it helped. Stop being babies and admit your policies suck. Obama appears to not be folding this time being both a lame duck and having the public on his side.

the only thing that can come from this for the Republicans is a further loss of the senior vote, way to alienate one of your strongest demographics

I can't imagine the republicans gaining much ground with their cut to Medicare and raising the age for social security so they can protect tax cuts for "job creators" who haven't created a farking job in years already.

Republicans seem to think if they waver or show cracks they will die, so they put up a united front. The more moderate Republicans getting eaten by Tea Partiers does give them reason to fear that. However, I think the tea party is now almost irrelevant, if it wasn't for gerrymandering the Republicans would have been devastated in this past election. They need to stop and listen to the public before because they are becoming a corporatist party, and even if corporations are people they cannot cast ballots yet


According to a cnn poll 70% of americans want big cuts to spending while only 50% want higher taxes..... 51 is greater than 47 for obama and romney in the election but why is the 70% that want cuts being ignored.
 
2012-11-30 10:25:54 AM
Or time to go short. I mean, while you're throwing money away investing in someone that's not you, why not go whole hog?
 
2012-11-30 10:27:37 AM

Giltric: zedster: Gwendolyn: zedster: Republicans, you kicked the can down the road hoping you would flip the white house and gain enough votes in the Senate. You failed, the American public rejected your plan. Hell the Ryan plan did more damage to you then it helped. Stop being babies and admit your policies suck. Obama appears to not be folding this time being both a lame duck and having the public on his side.

the only thing that can come from this for the Republicans is a further loss of the senior vote, way to alienate one of your strongest demographics

I can't imagine the republicans gaining much ground with their cut to Medicare and raising the age for social security so they can protect tax cuts for "job creators" who haven't created a farking job in years already.

Republicans seem to think if they waver or show cracks they will die, so they put up a united front. The more moderate Republicans getting eaten by Tea Partiers does give them reason to fear that. However, I think the tea party is now almost irrelevant, if it wasn't for gerrymandering the Republicans would have been devastated in this past election. They need to stop and listen to the public before because they are becoming a corporatist party, and even if corporations are people they cannot cast ballots yet

According to a cnn poll 70% of americans want big cuts to spending while only 50% want higher taxes..... 51 is greater than 47 for obama and romney in the election but why is the 70% that want cuts being ignored.


400 billion in cuts are already on the table. You knew that, right?

The Spending Cuts Are Already On The Table. The Only Thing Left To Be Decided Are Tax Rates and Increases.
 
2012-11-30 10:28:59 AM

zedster: Republicans seem to think if they waver or show cracks they will die, so they put up a united front.


Voting in lockstep has served them well in the past. But when there's mutterings about how their Norquist pledge is "no longer applicable today" or hunts for new revenue that aren't technically "new taxes" if one squints hard enough, it seems they know they're in a bad spot this time and are searching for a way out.
 
2012-11-30 10:29:09 AM
this is 100 percent the fault of the republicans. one. hundred. percent.

if they would have simply passed the debt ceiling raise - as they have dozens of times before - there would be no "fiscal cliff." the debt ceiling raise simply authorizes congress to pay for spending it has already passed. it is what's known as a "pro forma" vote - a formality. or so it was up until last year, when republicans decided to hold the nation hostage by threatening not to pay our bills. and what did we get for their farking childish petulance? a credit downgrade, a market drop, and the fiscal farking cliff.

fark the republicans. fark all of them. they OWN this.
 
2012-11-30 10:29:47 AM

Giltric: why is the 70% that want cuts being ignored.


They're not. Got any more stupid questions?
 
2012-11-30 10:29:57 AM

un4gvn666: Giltric: Gwendolyn: zedster: Republicans, you kicked the can down the road hoping you would flip the white house and gain enough votes in the Senate. You failed, the American public rejected your plan. Hell the Ryan plan did more damage to you then it helped. Stop being babies and admit your policies suck. Obama appears to not be folding this time being both a lame duck and having the public on his side.

the only thing that can come from this for the Republicans is a further loss of the senior vote, way to alienate one of your strongest demographics

I can't imagine the republicans gaining much ground with their cut to Medicare and raising the age for social security so they can protect tax cuts for "job creators" who haven't created a farking job in years already.

Obama said 5 million jobs were created in the last 4 years.......he even used those numbers in his campaign.

You dont thonk the poors created those jobs....do you?

Since we're asking rhetorical questions, who the hell do you think purchases all of the things that drive demand, and therefore, create jobs? The rich, who want for nothing? Or the poor and middle classes, who stretch every dollar to live?


I just spent 70k overhauling a king air....and 30k on landscaping before thanksgiving..... Whens the last time a poor person did that....

Keep pretending the wealthy dont spend a dime though.
 
2012-11-30 10:30:37 AM

SpectroBoy: Infernalist: The GOP is split right now between those who would compromise and try to get what they can, while they can, and those that see compromise as a weakness that the Democrats will pounce upon and use to rip them to shreds.

And, like it or not, whether we go 'over the cliff' is entirely dependent on which group of GOP win out in their internal war.

I agree. The portion of the GOP that has simply folded it's arms and said "We want out way or we will continue to block this" will cause far more damage to the GOP than to the administration. I guess they are not serious about winning in 2014 / 2016 either.

Now would be the time for the GOP to rediscover "part unity" and focus on getting it done INCLUDING COMPROMISES "

/Or they can double down on the derp like they keep doing


That's what I find hilarious. For a group so ideologically in lock step, the GOP can't actually make any of the members that constitute it actually DO anything.
 
2012-11-30 10:30:41 AM

Giltric: According to a cnn poll 70% of americans want big cuts to spending while only 50% want higher taxes


Which poll?
 
2012-11-30 10:31:30 AM
A child will destroy a toy rather than share it with a sibling......Party Above Country.
 
2012-11-30 10:32:23 AM

Giltric: You dont thonk the poors created those jobs....do you?


Why do you hate entrepreneurs and small business owners?
 
2012-11-30 10:32:25 AM
Dr Dreidel:>
I also caught an interesting fact on WTOP yesterday evening - apparently, the US is one of the only first-world countries (if not the only one) that still has a mortgage interest deduction. Yes, it'd suck if we got rid of it, especially for new homeowners, but it appears that the rest of the developed world does just fine.


The M.I. deduction saves me a grand or two in taxes each year. I would hate to see it go, but if it's going to substantially improve the economy and our fiscal future I can accept it.

What I can't accept is discussion of it this late in the tax season. If this is going to happen, it needs to be announced before April 16th for the following tax year.

If you're going to pull the rug out from a lot of middle-class folks on this, they need time to prepare accordingly.
 
2012-11-30 10:32:32 AM

Infernalist: The GOP is split right now between those who would compromise and try to get what they can, while they can, and those that see compromise as a weakness that the Democrats will pounce upon and use to rip them to shreds.

And, like it or not, whether we go 'over the cliff' is entirely dependent on which group of GOP win out in their internal war.


This is the eternal problem with two party politics.
The Democrats are huge pussies that would never pounce upon such a great opportunity,
and the Republicans are too stupid to realise that.
 
2012-11-30 10:33:04 AM

Giltric: I just spent 70k overhauling a king air....and 30k on landscaping before thanksgiving..... Whens the last time a poor person did that....

Keep pretending the wealthy dont spend a dime though.


Oh bless your heart.
 
2012-11-30 10:33:09 AM

Giltric: un4gvn666: Giltric: Gwendolyn: zedster: Republicans, you kicked the can down the road hoping you would flip the white house and gain enough votes in the Senate. You failed, the American public rejected your plan. Hell the Ryan plan did more damage to you then it helped. Stop being babies and admit your policies suck. Obama appears to not be folding this time being both a lame duck and having the public on his side.

the only thing that can come from this for the Republicans is a further loss of the senior vote, way to alienate one of your strongest demographics

I can't imagine the republicans gaining much ground with their cut to Medicare and raising the age for social security so they can protect tax cuts for "job creators" who haven't created a farking job in years already.

Obama said 5 million jobs were created in the last 4 years.......he even used those numbers in his campaign.

You dont thonk the poors created those jobs....do you?

Since we're asking rhetorical questions, who the hell do you think purchases all of the things that drive demand, and therefore, create jobs? The rich, who want for nothing? Or the poor and middle classes, who stretch every dollar to live?

I just spent 70k overhauling a king air....and 30k on landscaping before thanksgiving..... Whens the last time a poor person did that....

Keep pretending the wealthy dont spend a dime though.


Wow, you spent 100k, you must think you're rich or something.

hint: you're not.

lol
 
2012-11-30 10:33:45 AM

Infernalist: Giltric: zedster: Gwendolyn: zedster: Republicans, you kicked the can down the road hoping you would flip the white house and gain enough votes in the Senate. You failed, the American public rejected your plan. Hell the Ryan plan did more damage to you then it helped. Stop being babies and admit your policies suck. Obama appears to not be folding this time being both a lame duck and having the public on his side.

the only thing that can come from this for the Republicans is a further loss of the senior vote, way to alienate one of your strongest demographics

I can't imagine the republicans gaining much ground with their cut to Medicare and raising the age for social security so they can protect tax cuts for "job creators" who haven't created a farking job in years already.

Republicans seem to think if they waver or show cracks they will die, so they put up a united front. The more moderate Republicans getting eaten by Tea Partiers does give them reason to fear that. However, I think the tea party is now almost irrelevant, if it wasn't for gerrymandering the Republicans would have been devastated in this past election. They need to stop and listen to the public before because they are becoming a corporatist party, and even if corporations are people they cannot cast ballots yet

According to a cnn poll 70% of americans want big cuts to spending while only 50% want higher taxes..... 51 is greater than 47 for obama and romney in the election but why is the 70% that want cuts being ignored.

400 billion in cuts are already on the table. You knew that, right?

The Spending Cuts Are Already On The Table. The Only Thing Left To Be Decided Are Tax Rates and Increases.


400 billion over 10 years is not enough...
 
2012-11-30 10:34:54 AM

SpectroBoy: Otherwise Just Fine: My recommendation for everyone with a portfolio is to sell all long term holdings that have decent gains, wait for the market to start tanking and buy in when everyone else is selling off.

This is getting predictable. Politicians stonewall until the market starts to tank, then come to an agreement and the market recovers. It's a good opportunity to make money off a crap situation.

Unless they reach a reasonable deal, in which case you miss the ride as things go up.

Market timing is usually a fools errand.


Usually, yes. Speculation is bad, investing based on value is good. But do you really think the GOP will cut a deal before the markets force them to?
 
2012-11-30 10:35:25 AM

Giltric: 400 billion over 10 years is not enough...


Then the Republicans should suggest some more instead of whining that the Democrats don't do it for them.
 
2012-11-30 10:35:51 AM
It's easy to say "we really need to cut Defense", but when the plan to do so comes along suddenly it's a "fiscal cliff!!111!" and has to be avoided at all costs. We absolutely need the Bush Tax Cuts to expire, and we absolutely need Defense to be cut. I'm willing to pay slightly higher taxes to make that happen.

I say bring on the fiscal cliff.
 
2012-11-30 10:36:01 AM
The correct solution to the problem is a combination of defense spending cuts, moderate entitlement reform for longterm medicare and SS viability, and the removal of "temporary" spending cuts.

Only one party has been proposing the correct solution. The other party is whining about job creators, class warfare, socialism, and the destruction of America.

When one party is suggesting steak for dinner and the other party is suggesting dog crap in a bowl, the solution is not shiat covered hamburgers.
 
2012-11-30 10:37:10 AM

Giltric: Obama said 5 million jobs were created in the last 4 years.......he even used those numbers in his campaign.
You dont thonk the poors created those jobs....do you?


Does it make your eye twitch when you say something so idiotic that first year college students taking macro economics would laugh at you
 
2012-11-30 10:37:29 AM

Giltric: Infernalist:According to a cnn poll 70% of americans want big cuts to spending while only 50% want higher taxes..... 51 is greater than 47 for obama and romney in the election but why is the 70% that want cuts being ignored.

400 billion in cuts are already on the table. You knew that, right?

The Spending Cuts Are Already On The Table. The Only Thing Left To Be Decided Are Tax Rates and Increases.

400 billion over 10 years is not enough...


atlumschema.com
 
2012-11-30 10:37:37 AM

DRFS Rich:
If you're going to pull the rug out from a lot of middle-class folks on this, they need time to prepare accordingly.


As I understand it, all this fiscal cliff discussion pertains to next year, so the taxes you would pay in April of 2014.
 
2012-11-30 10:39:07 AM

Giltric: Infernalist: Giltric: zedster: Gwendolyn: zedster: Republicans, you kicked the can down the road hoping you would flip the white house and gain enough votes in the Senate. You failed, the American public rejected your plan. Hell the Ryan plan did more damage to you then it helped. Stop being babies and admit your policies suck. Obama appears to not be folding this time being both a lame duck and having the public on his side.

the only thing that can come from this for the Republicans is a further loss of the senior vote, way to alienate one of your strongest demographics

I can't imagine the republicans gaining much ground with their cut to Medicare and raising the age for social security so they can protect tax cuts for "job creators" who haven't created a farking job in years already.

Republicans seem to think if they waver or show cracks they will die, so they put up a united front. The more moderate Republicans getting eaten by Tea Partiers does give them reason to fear that. However, I think the tea party is now almost irrelevant, if it wasn't for gerrymandering the Republicans would have been devastated in this past election. They need to stop and listen to the public before because they are becoming a corporatist party, and even if corporations are people they cannot cast ballots yet

According to a cnn poll 70% of americans want big cuts to spending while only 50% want higher taxes..... 51 is greater than 47 for obama and romney in the election but why is the 70% that want cuts being ignored.

400 billion in cuts are already on the table. You knew that, right?

The Spending Cuts Are Already On The Table. The Only Thing Left To Be Decided Are Tax Rates and Increases.

400 billion over 10 years is not enough...


Then, let's bargain, fool. You think 400B is too little. Well, let's see an alternative offer.

The problem lies in the fact that the GOP isn't at the bargaining table at all. If they sat down and started hashing things out, they may find that 400B can go up...if they compromise with some tax rate changes and increases.

But that's the problem. They're not into bargaining and 'that' is going to be the death of them.
 
2012-11-30 10:39:15 AM

Dr Dreidel: I also caught an interesting fact on WTOP yesterday evening - apparently, the US is one of the only first-world countries (if not the only one) that still has a mortgage interest deduction. Yes, it'd suck if we got rid of it, especially for new homeowners, but it appears that the rest of the developed world does just fine.


The rest of the developed world also gets by fine on nationalized healthcare, mandatory minimum vacation and paid maternity leave.
 
2012-11-30 10:39:56 AM

DRFS Rich: Dr Dreidel:>
I also caught an interesting fact on WTOP yesterday evening - apparently, the US is one of the only first-world countries (if not the only one) that still has a mortgage interest deduction. Yes, it'd suck if we got rid of it, especially for new homeowners, but it appears that the rest of the developed world does just fine.

The M.I. deduction saves me a grand or two in taxes each year. I would hate to see it go, but if it's going to substantially improve the economy and our fiscal future I can accept it.

What I can't accept is discussion of it this late in the tax season. If this is going to happen, it needs to be announced before April 16th for the following tax year.

If you're going to pull the rug out from a lot of middle-class folks on this, they need time to prepare accordingly.


I think that if they do it, it'll be phased out over a fairly long timespan, something like five or ten years, so as to avoid exactly the kind of problem you describe.

Though, honestly, I don't think it'll happen; the mortgage interest deduction is too helpful to too many people.
 
2012-11-30 10:40:11 AM

zedster: Otherwise Just Fine: This is getting predictable. Politicians stonewall until the market starts to tank, then come to an agreement and the market recovers. It's a good opportunity to make money off a crap situation.

Retail is scared this will kill this holiday season, that should keep some pressure on to solve this fast. Plus you have the defense establishment not wanting to get hit with the cuts. I have a feeling there will be more outside pressure on the GOP then on the Dems to solve this.


The GOP is already hyperventilating about the defense cuts. The defense contractors are not amused.
 
2012-11-30 10:40:53 AM

bulldg4life: Giltric: Obama said 5 million jobs were created in the last 4 years.......he even used those numbers in his campaign.
You dont thonk the poors created those jobs....do you?

Does it make your eye twitch when you say something so idiotic that first year college students taking macro economics would laugh at you


Did those 1st year maceoeconomics students eventually buy a house they could afford based on potential raises they might recieve over the course of employment while holding the note?
 
2012-11-30 10:40:55 AM
Why is everyone freaking out about the spending cuts? From what I understand, it's 8% across the board. Isn't it a rule of thumb that any organization can be trimmed by up to 10% without losing effectiveness? Just let 'em be cut.
 
MFK
2012-11-30 10:41:44 AM
it's foolish to base whether or not to raise taxes on public opinion polls because NOBODY likes paying taxes. You should raise taxes if and only if you actually need to. we should've raised them 10 years ago when we started going to war but nooooooo.
 
2012-11-30 10:41:49 AM

Giltric: Did those 1st year maceoeconomics students eventually buy a house they could afford based on potential raises they might recieve over the course of employment while holding the note?


POOR PEOPLE BOUGHT HOUSES!
 
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