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.
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Our economy got destroyed in 2007 when the dems took over both houses and started the downward trend we are trying to find leaders to get us out of.
Tell your representative to start being honest and do what is right for America, and not what is good for their re=election.
Just looking quickly at the names of those this author feels a responsible for the "fiscal cliff", tells alot!! I agree w/ Rex Netting, about the 2 people he indicts that really had nothing to do w/ it.
And, I agree w/ dengo104, when he tells of the people left off the "list of 10". But it is apparent he points more to Rep. then to the liberal/Progressive left...and here in lies his bias!!
But most disappointing was the way he speaks of President Obama, the Pres who did inherit an economic fire that he decided to put out w/ a nuclear bomb!!!
Well, i guess if you were to obliterate a building fire w/ a nuclear bomb... It would destroy the burning structure eliminating the structure and the fire, but in this case, his schizophrenic bomb will also destroy and eliminate this great Nation, too.
GOD SAVE THE U.S.A.
Obama Wins 8 of the Nation’s 10 Wealthiest Counties
Published: Wednesday, 7 Nov 2012 | 10:35 AM ET
In an election that often focused on debates about class warfare, President Barack Obama was favored over multimillionaire businessman Mitt Romney in eight of the nation's10 wealthiest And his margin of victory in all eight counties was greater than that of the national vote, in which Obama was leading by 50 percent to 48 percent with 97 percent of precincts reporting.
The findings are based on a CNBC.com analysis of Census Bureau numbers on average annual household income from 2006-2011 and results from Tuesday's elections.
The 10 richest counties accounted for 1,337,700 votes, or about 1.1 percent of the national popular vote.
In the richest, Massachusetts' Nantucket County, where average annual household income is over $137,000, Obama won by 63 percent to Romney's 36 percent with all precincts reporting. The richest county in Romney's home state is also where, just prior to accepting the Republican nomination, the former Massachusetts governor held a$75,000-per-person dinner fundraiser.
In none of the richest counties was the margin of victory wider than in California's Marin County, just north of San Francisco, where the president won by 74 percent to 23 percent, with all precincts reporting. In Marin, the average annual household income is $128,544.
The two richest counties where Romney won were in New Jersey: adjacent Hunterdon and Morris counties in the northern part of the state. Romney won in Morris by 55 percent to 44 percent and in Hunterdon by 59 percent to 40 percent. However, Somerset County, which abuts Hunterdon and Morris, went to Obama by 53 percent to 47 percent.
—By CNBC's Paul Toscano
I guess the educated, were not educated enough! So much for the liberal educated or should I say "Brain Washed". who think there are so smart! Time will tell how smart they are!=======
What the F are you talkng about.
Who wrote the article? A great number of people continue to demand services without paying for them. You forgot the first Bush in exchange for higher taxes, the Dems would cut spending and entitlement growth. We saw how that worked out. Democrats will never cut "entitlements" and the fallout would be horrific if they did. Republicans must realize that you when lose; you have to vote to raise revenues to pay for what people think they want. You also need to include FDR and LBJ for the course we are on now. Social spending costs big bucks without much in return.
It is bare cupboard time and dog is going to starve. Both sides need to get the word :No unpaid for wars and each of us must become more self reliant. If you take from the government, they get to make the rules which includes raising taxes t pay for it. No one's mother ever said life was going to be easy or fair. As for me I am going to speak Greek.
This whole thing smacks of the NBC socialist propaganda. Trickle down economics dId work until the liberal entitlementality was forced on the masses. With Barney Frank and company forcing the mortgage giants to issue loans to suspect borrowers and union costs and wages pushing more and more businesses either out of business or overseas, wall street propping up suspect stocks and bonds at the behest of federal manipulation, with wellfare rolls now growing and the Obama foodstamp fiasco ever enlarging -BY REQUEST_ and with European socialist influence by Soros and company, and the best of all, Timothy Geithner and his moronic view of fiscal judiciousness.
Art Laffer had it right, but that was just a dream.
How could this guy leave off Frank and Dodd, oh my bad he's not really a journalist, just a left-wing hack.
But see that is the problem it was working until we had the housing issues. I do agree that we have way to much government spending. We as a country have to decide what we want. Full employment or big government. We will not have both. Also taxing a group more to be fair even agreeing that it might cut tax revenue to be fair is pretty short minded.
Lets just do away with all of the tax cuts, let everything expire. It does not matter as long as we keep on spending more than we are taking in.
Bill Clinton is partially responsible for this mess becuase he created a surplus & made it look easy ~ WTF? Where's Dodd in this indictment?
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[BRIEFING.COM] The stock market finished a down week on a cautious note with small caps leading the retreat. The Russell 2000 lost 0.5%, widening its weekly decline to 2.6%, while the S&P 500 shed 0.3%. The benchmark index ended the week lower by 2.7%.
This morning, the market was provided a basis to rebound with the July employment report, which was just right for the policy doves (209K versus Briefing.com consensus 220K). It showed payroll growth that was weaker than expected, ... More
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