11/8/2012 8:30 PM ET|
Heading for the fiscal cliff
You'll hear a lot about the fiscal cliff in the news from Washington and Wall Street through at least the end of the year. Here's what it is.
MORE ON MSN MONEY
VIDEO ON MSN MONEY
Until we accept that we cannot continue as we are, that we cannot have everything all the time, that there isn't a never-ending supply of resources to build toys that distract us from the true nature of our predicament... we will continue to make life harder for the majority of people. Fear is our only inhibitor.
Just some more "GARBLE"...makes you wonder what the little boogers are really up to...plus a reminder of the so called social GAP between income brackets when media starts relating above the heads of ordinary people...&... some folks are wondering why Mr Obama got elected...der??????
I doubt that anything in DC changes. Congress is still going to act like a bunch of unruly, selfish children on the playground. They don't care about America or her people. All they care about is themselves. The two-party system does not work and until the American public understands that and stops voting 'party lines' things can't change! And that makes us all victims!
Isn't this really a reduction in spending and increased tax collection in lieu of a cost? Great looking article, but the meaning leaves me confused.
Does Anyone think barry will get a budget passed in 2013..?
Don't think America has had one for several years..under Barry's rule..
If we go over the clift maybe l'll be able to get in line for a free Obamphone.
Copyright © 2013 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. 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 Morningstar Inc.
[BRIEFING.COM] The S&P 500 and Dow continue to hold slim post-FOMC losses while the Nasdaq has returned to its earlier levels. In addition, the Dollar Index remains near its highs just above 81.10.
Today's FOMC statement was not much different from the last directive released on May 1. However, today's statement indicates inflation has been running below the longer-run objective while long-term inflation expectations remain stable.
The Fed will remain in focus for the ... More
More Market News
|There’s a problem getting this information right now. Please try again later.|