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.
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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.
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[BRIEFING.COM] The major averages posted solid gains ahead of tomorrow's policy directive from the Federal Open Market Committee. The S&P 500 rallied 0.8%, while the Russell 2000 (+0.3%) could not keep pace with the benchmark index.
Equity indices hovered near their flat lines during the first two hours of action, but surged in reaction to reports from the Wall Street Journal concerning tomorrow's FOMC statement. Specifically, Fed watcher Jon Hilsenrath indicated that the statement ... More
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