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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VIDEO ON MSN MONEY

403Comments
Dec 7, 2012 11:30PM
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One of the Greatest Displays of "Smoke and Mirrors" in our lifetimes....And your Partisan sunglasses have turned you into a Political hacks...

 

Stewart and Wildcat....Seemed to recognize the Minions, but not the powerful players behind the thrones....They all (10) seem to fit the bill and the causes with effects, which about 8 or so, I was quite familiar with, the other 2 or so names I had almost forgotten..??

 

Did not care for Clinton being on the list, but I'm also intelligent enough to understand that he added to or help extend the problem.....Without stopping it in it's tracks..

Many that you want to waggle at, are only mouthpieces out front or in the Press. Easy targets.

Good Research.  

Dec 7, 2012 10:59PM
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Excuse me...  Letting US taxpayers KEEP WHAT WE EARN is not greed.  The GREED is that of government, seizing what we have earned to redistribute to people that VOTE for a living.

 

End the GREED of the 47% and start taxing them.  We spend 3.8 trillion a year, which works out to 47,500/family.  Is your family pulling its weight and paying that much?  If not we can either RIASE YOUR families taxes to that amount our cut the GREEDY government off?  Which should we do?

Dec 7, 2012 10:54PM
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This might be the most superfluous and thinly researched "blame game" for the fiscal cliff ever written.  Are you kidding me - no mention of the 2 years of spending with Harry Reid and Nancy Pelosi along with Obama in power?  Really, nothing mentioned about Barney Frank and ignoring the warnings of the Bush administration regarding Fannie and Freddy?  When you bring up Arther Laffer, that's when your premise is proven false, it was the Laffer curve that allowed for the the recovery of the '80s and the strength of the '90s.  Also, it wasn't Cheney who caused the terror attacks but terrorists.  This is cheap and intellectually lazy!
Dec 7, 2012 10:43PM
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Wow, and I thought by leaving Yahoo, I could find something a little more middle of the road, and here we go again with bashing conservatives. It appears that the left really does run the media.
Dec 7, 2012 10:35PM
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" it took strong national leaders to foster the heady mix of greed and guilt that brought us to this spot."  What it took was the best political lobbying that money could buy.  
Dec 7, 2012 10:03PM
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If we go off the cliff all current house and senate representatives need to be replace asap.
Dec 7, 2012 9:59PM
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Oh yeah, forget that there is an easy fix called the the BALANCED BUDGET AMENDMENT and simply cutting all federal departments' budget by single digit percentage points. There is just no will to cut spending in Washington. The rest of us are expected to balance our checkbooks so why is this such a difficult concept.
Dec 7, 2012 9:57PM
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Yes, Barney Frank should be included and what about Chris Dodd? As usual the liberal media leave out the real problems so they can find a way to blame Republicans. For that matter how about the democrats who have instilled this ENTITLEMENT MENTALITY which has now spanned generations of Americans and even illegal aliens to secure votes. Looks like they have achieved success.
Dec 7, 2012 9:19PM
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Republicans and democrats are to blame.....politicians! However, "while Cheney was busy planning the war on terror" is crap. What should he have done?  While a lot of mistakes were made, you are sitting here reading this....right?  Your not fighting terrorists here at home right? 

Best thing I know to do is write my congressman and tell him we are fed up. Don't get hung up on republican or democrat...they both got us in this mess and with everyone thinking they are entitled to something, it will only get worse.  I was surprised to see MSN blame both sides of the aisle.

The American people voted. But stop blaming prior administrations, it was not inherited, it was asked for! Hopefully both sides will come together and the fiscal cliff can be averted.

Be part of the problem or part of the solution.
Dec 7, 2012 9:14PM
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The one egregious lie in this is the line "When the economy didn't revive, he cut taxes some more."

The economy did revive!
Dec 6, 2012 9:16PM
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Charlotte, North Carolina news agency ran a story this past weekend about "Obama phones."  It was a SAD story, as it showed how corrupt our Gov't is.  They interviewed many, and specifically targeted, how many people had multiple phones, though by law people are only supposed to have 1 phone.  Those with these made a JOKE out of it.  Why not, it's not there money.  NO regulations were put in place to avoid this spending, but Obama asks for MORE money.  Let's raise taxes on someone else, refuse to be willing to address this type of corruption. 

 

And the saddest part, too many aren't smart enough to refuse to ask that our Gov't not be corrupt, instead you look for 1 more handout and take someone else's money.

 

Address the misuse and corruption first, then determine the need for more.  You'll find you need less.

 

Based on Obama's philosophy, I should max my credit cards, and just get new ones to replace then, that'll create a "boom" for our economy. 

Dec 6, 2012 9:10PM
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We have to address Gov't spending and abuse before we consider raising taxes.


While the abuses have taken place for decades, Obama is President now, he's the one demanding that some pay MORE, yet refusing to first address internal corruption, abuse and frivalous spending.  In fact, he has encouraged and created more corruption and inappropriate spending.

 

A:  Companies like Solyndra - Why is Gov't doing this to begin with?  It's NOT their money, it's ours.

B:  Medicaid - corrupt and Obama is not addressing it, he's adding more people to it.

C:  Internal Agency corruption - some include EPA, CIA, and there are many more.

D:  Close those loopholes, whether it's related to economy or those created to garner ObamaCare votes.  END IT.

 

THEN, after we've done that, take a look to see if we need to address tax revenues, but only IDIOTS continue to bark about raising taxes on rich w/o first being willing to address corruption and inappropriate spending.

 

AND, regardless of WHO you voted for in November, it's time to fix things and for our "Leader" to be demanding we raise taxes is pathetic, UNTIL we've determined what the impact of addressing corruption would create.

Dec 6, 2012 9:00PM
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NO TO SPINPARROTS-----EXCELLENT POST---KEEP ON WRITING THE TRUTH--WE NEED MORE PEOPLE LIKE YOU!

Dec 6, 2012 8:57PM
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How idiotic to have Boehnor listed and not Harry Reid, or Pelosi.  Further, the 3 of those had more influence that Cheney, Clinton, Bush and Obama.  Grover?  He's the Lib left's anti-christ and the blame point for all things they don't like. But to suggest he was part of the issue is wrong.

Dec 6, 2012 8:46PM
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Perhaps Bill Clinton had big surpluses was because the republicans were in control of both houses of congress the last 6 years of his presidency, funny that detail was left out of the article. 
Dec 6, 2012 8:43PM
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Wow, what a complete bullshlt libtard article.  Must have been put together by a brainwashed 6th grader. PU.
Dec 6, 2012 8:28PM
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What did you expect?

Da! We left the three stooges in office for eight years.

Larry, Moe and Curly = Bush, Cheney and Rumsfield.

And let's not forget the $5 word man Greenspan.

Dec 6, 2012 8:27PM
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the govt is spending 1.3 trillion dollars over what it makes. 

First we need cuts or 1.3 trillion so the the govt spends what it makes. 

Then we need to start lowering the national debt. Point: If you taxed all who make over $250G, $250G per year it would take 185 years to pay off the national debt.

 

So the repubs want to protect the rich from tax increases.

And the demons want to keep the bush tax cuts and give ovomit sole power to increase the national debt ceiling.

So what will happen is this.  Forget about the small change.  ovomit, panetta and company are all ready for the defense spending cuts.  Just like after vietnam.  Heres how it works.  Govt quits buying defense products.  Defense companies lay off massive workers, then this blooms into the economy, course in 74 the economy was in much better shape.  Now its toast. 

So on or about 2015 the economy will drop and we will relive the great depression part 2. 

Save your pennies, stocks will be dirt cheap, if we survive. 

FDR spent money for programs that did no good.  What did was putting all the males in the service to fight WWII and the women stayed home to build war equipment. 

If there is no war, the US, no longer a superpower if you have not noticed will end up like norway. 

The gravy train ran off the track and the libs got into office promising all the govt goodies. 

If you hear a great sucking sound that will be the liberal entitlement community pulling their collective heads out of their third point of contact, finally realizing that socialism dont work.  OTOH, rampant capitalism does not work either. 

Or how is the stock market hitting highs when the economy is in the crapper.  We are in for a rough ride.

Dec 6, 2012 8:03PM
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I thought he agreed with Obama's budget?!

 

Why is Harry Reid (Democratic Senate majority leader) blocking a vote on President Obama’s Fiscal Cliff Budget Plan?

Dec 6, 2012 7:43PM
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Ricche-it is prevalent in our society to confuse education, in the formal sense with wisdom. also celebrity. did anyone notice how many ignorant hollywood and professional athlete types were featured  in the news as if they knew something about economics or foreign policy? This is where we are at in this country, a reality show that is very scary. 
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