Fearing 'cliff,' investors finish bru...

Fearing 'cliff,' investors finish brutal week

There are 6 comments on the News Times story from Nov 9, 2012, titled Fearing 'cliff,' investors finish brutal week. In it, News Times reports that:

The stock market finished one of the worst weeks of the year Friday, pushing Washington to work out a deal to avoid the tax increases and government spending cuts set to take effect Jan.

Join the discussion below, or Read more at News Times.

gossamer

Roseville, MI

#1 Nov 9, 2012
This is a lie. The market didn't fall because of the fiscal cliff. They knew about it in advance.

It fell because of Obama.
Makes sense

Dearborn, MI

#2 Nov 9, 2012
I LOVE a bumpy market. It gives us little people a chance to buy low. I made a killing by buying in 2008. It's time to buy again.
vamp

Springfield, NJ

#3 Nov 9, 2012
Billionaires are gaming the system, stealing public wealth without creating anything of real tangible value

Since: Nov 08

Location hidden

#4 Nov 10, 2012
This is a vote of "No Confidence" in Obama.
All my friends pulled every cent out of the market. There is way too much risk of another recession and crash. Way too much. Who needs the aggravation?
gossamer

Roseville, MI

#5 Nov 10, 2012
Makes sense wrote:
I LOVE a bumpy market. It gives us little people a chance to buy low. I made a killing by buying in 2008. It's time to buy again.
You made a killing and you still live in Michigan and post on topix.

You are more dumb than I thought.
Too Bad

Ames, IA

#6 Nov 10, 2012
"The stock market finished one of the worst weeks of the year Friday, pushing Washington to work out a deal to avoid the tax increases and government spending cuts set to take effect Jan."

I have some trouble understanding here....
The Fiscal Cliff is higher taxes and less spending?
We have a $15 trillion deficite...Wouldn't higher taxes and less spending help with that???
Why is this a fiscal cliff?? Sounds alot more like exactly what we are going to have to do anyway someday right?

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