10 who led us to the fiscal cliff
They fed our greed and guilt and told us we could have all the spending and tax cuts, too. While practically all of us had a role in this mess, these 10 stand out.
MORE ON MSN MONEY
VIDEO ON MSN MONEY
I read a lot. I am 64 and have always read a lot. I vote middle of the road.
This article is the biggest piece of crap I have EVER read.
Wake up America!
Perhaps the error today is not to purge the Speaker of the House, Boehner.
He keeps fighting for the rich, and destroying the working class! We Democrats in consolidation with million of conscientious Republicans, and Independents will always remember you Boehner, as an indolent persistent blocker of progress for our country. Democrats will work hard in the future elections to kick you out of the House of Representatives as Speaker, together with Cantor, Ryan and the ruffian of the Senate McConnell. I know we will pursue this task with all our hearts. The Democratic Party prime future agenda is remembering to consolidate all efforts to get all of you in future elections out of a job, just because of your malice, and abuse, you will go in history as the racketeers in the Senate, and the House! You do not deserve these jobs as an American! The four of have you, and the Tea Party members now propelled to belligerent stardom by Sara Palin, have done so much to damaged the American people progress, that it’s unforgettable; you destroyed the USA credit ratings, provoked the credit collapsed during the Budget Ceiling discussions with your persistent indolent opposition against our president Mr. Obama, and the concurrence insane approval of the Tea Party. This fight for the Debt ceiling was an unnecessary legislation, all invented by you Republicans just to choke any Mr. Obama’s economical progress! The results on the economy was a devastating ricochet against the middle class, sequestering the economic health of our country, stopping all opportunities for job creations because your malignant disease of betrayal of the president Mr. Obama, and the people of America. You infected the whole Senate, and the House of House of Representatives ability not to process Jobs Bills, and to do nothing for months, but to take long month of care free vacations while the America people starved to death! We Democrats do not trust you ever, and know you are ready to try to give us citizens another violent poison if we do not keep a check on all of your deceptions, and indecent activities in the present Cliff negotiations with our president Mr. Obama!
I can make this article alot simpler for everyone. Who's the number one culprit for the problems were in? OURSELVES! We voted for these people and continue to vote these numbskulls into power. Its time we start doing a nationwide vote on major issues and then see where the country goes instead of thinking those we vote for have our best interest in mind. Don't foget its WE THE PEOPLE. And its time we start taking a little responsibilty for our actions and fix the problems instead of letting others make it worse.
Our financial problems as a country are much deeper than just ten people.
First off, our system of taxation is a joke. Our founding fathers did not want people to pay direct taxes (i.e. taxation on income and property). They instead wanted indirect taxation (i.e. taxation based upon transactions such as a sales tax, excise taxes on goods that were not desirable such as whiskey, and tariffs.
As a country we have strayed woefully away from that basic system of taxation where now we actually get incentives to get into debt (home mortgage interest deduction) while we are penalized for savings (capital gains taxes on investment earnings).
The system is all backwards and the incentives in place are exactly opposite of where they need to be to accomplish what needs to be accomplished.
Social security which takes around 7% out of most workers pay is an entitlement program from the Roosevelt days that is poorly designed and it has been abused through raids on its suplus to where it is now broke along with the rest of the government.
All these facts coupled with the most anti-business president ever and it is no wonder we are in the mess that we currently find ourselves in.
Copyright © 2013 Microsoft. All rights reserved.
Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.
Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.
[BRIEFING.COM] Stocks ended modestly higher as the S&P 500 climbed 0.2%, and the Dow added 0.4% to register its 19th consecutive Tuesday of gains.
The major averages saw little change during morning action, but afternoon buying interest helped lift the indices to session highs. Most cyclical sectors (with the exception of materials and technology) finished among the leaders, but the defensively-geared health care sector settled atop the leaderboard as biotechnology outperformed. ... More
More Market News
|There’s a problem getting this information right now. Please try again later.|