Lawmakers see 'fiscal cliff' deal as elusive
With anxiety rising as the country lurches towards a "fiscal cliff," lawmakers are increasingly skeptical about a possible deal and some predict the best possibility would be a small-scale patch because time is running out before the yearend deadline.
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#1 Dec 24, 2012
Will going over the fiscal cliff cause a recession in the United States, will it trigger a world recession? That is not certian, but it seems the Republicans and Democrats are willing to find out as long as each can blame the other. Both think they will win ... but we, the people, have a lot to loose. It reminds me of the attitude the diffrent sides had before the (un)Civil War. That was a disaster for the country, are we in for another.
"No government is any better than the people you elect to run it." (I.H. Kempner)
You (we) have screwed up!
“Obama Shames the USA”
Since: Apr 09
#2 Dec 24, 2012
Cloward Piven. Glen Beck was right after all.
#3 Dec 25, 2012
This fiscal cliff is another canard and distraction by this administration to extract more money from the folks to support this presidents illicit spending habits -- and taxing millionaires wouldn't fund this govt. for 6 days. Obama has avoided addressing our REAL problem of a humongus debt of 16.4 TRILLION DOLLARS, with 4 BILLION being added daily -- Our fonders warned us of idiots in government and DEBT.....
"A departure from principle becomes a precedent for a second; that second for a third; and so on, till the bulk of society is reduced to mere automatons of misery, to have no sensibilities left but for sinning and suffering And the fore horse of this frightful team is public debt. Taxation follows that, and in its train wretchedness and oppression."-Thomas Jefferson
"We must not let our rulers load us with perpetual debt."- Thomas Jefferson
"Allow a government to decline paying its debts and you overthrow all public morality you unhinge all the principles that preserve the limits of free constitutions.Nothing can more affect national prosperity than a constant and systematic attention to extinguish the present debt and to avoid as much as possibly the incurring of any new debt." -Alexander Hamilton
#4 Dec 25, 2012
"A basic mathematical as well as political principle is at work: Debts that cant be paid, wont be." (Michael Hudson)
#6 Dec 26, 2012
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