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Fiscal Cliff... Why not go over it?

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Fiscal Cliff... Why not go over it?

Old 12-16-2012, 05:17 PM
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Default Fiscal Cliff... Why not go over it?

There are some arguments for both directions. Won't the tax rates go back up to when the beloved Clinton was in office? Won't we have spending decreased like what Clinton did? Would it be as bad as they say?
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Old 12-16-2012, 05:24 PM
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Sort term pain, maybe that would last a few weeks.

Plus, all taxes go up, and then Obama pushes a tax cut bill for the middle class in Jan and then the Right is in the untenable position of possibly coming out against it.
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Old 12-16-2012, 05:32 PM
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5, 4, 3, 2, ........



Just starting the count down until this thread is moved or deleted because finger pointing is about to ensue. (I hope not though)
I would like to know what will really happen.

---------------------------------------------------------------------------

I have no idea what will happen if/when we go over but I do know EVERYONE in politics has some part in being responsible for the mess we are in.
Yes, they were voted in by us, but we put them there to look out for our countries best interest.

Bottom line is...and I have said this many times....THEY DO NOT CARE....
No matter what happens in this country, their basic needs, Food, shelter and clothing,
plus every other perk and thing they have, WILL NOT CHANGE!!!!!!!!!!!!!!EVER!!!!!!!!

They can blow all the smoke they want but the bottom line is....THEY DO NOT CARE!!!!!!!!!!


Ask yourself this, If you were to have been the one to have won the last BIG lottery, and you and your family were set for multiple life times, how much would you care....really...?


.
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Old 12-16-2012, 05:40 PM
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We're about to find out what happens when we go over the fiscal cliff. I don't see the colossal egos coming to agreement before a disaster happens.

It's the fault of ALL the members of Congress and the Executive Branch. And, it's the people's fault for electing and re-electing people who aren't doing their jobs.
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Old 12-16-2012, 05:45 PM
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I believe that when they talk about cuts, they are actually saying that the % of planned increases will not be as much. To the politicians, that's a spending cut. What pisses me off is the first thing they throw at the public is how the kids and old people will suffer. Never mention all the money we send overseas like it's a sacred cow.
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Old 12-16-2012, 05:56 PM
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Why is this never brought forth to the public by the mass media?


It is a place to start. I am not saying to cut every penny to all of them but it is not even being addressed.
Most have NO IDEA this is going on.
There is so much WASTE all over and it isn't even being discussed.

THEY DO NOT REALLY CARE!!!!!!!!!!!!!!!!!


.
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Old 12-17-2012, 12:25 AM
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Obama wants to fall off the cliff thereby finally getting rid of the "Bush" tax cuts. He will then propose to cut taxes and they will be called the "Obama" tax cuts.

He's an arrogant cuss.
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Old 12-17-2012, 04:12 AM
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Originally Posted by 240 LTS View Post
THEY DO NOT REALLY CARE ABOUT ANYTHING EXCEPT GETTING RE-ELECTED!!!!!!!!!!!!!!!!!
fify
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Old 12-17-2012, 04:58 AM
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http://www.usatoday.com/story/money/...cliff/1769333/
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Old 12-17-2012, 05:07 AM
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That guy is a moron. Ever notice he's never once offered a solution to our debt problem?
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Old 12-17-2012, 05:12 AM
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Originally Posted by jzima View Post
That guy is a moron. Ever notice he's never once offered a solution to our debt problem?
Sure he did. When he ran for office the first time. After he was elected he never mentioned it again. He said, "I will cut the deficit in half in my first term".
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Old 12-17-2012, 05:12 AM
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Originally Posted by yarcraft91 View Post
We're about to find out what happens when we go over the fiscal cliff. I don't see the colossal egos coming to agreement before a disaster happens.

It's the fault of ALL the members of Congress and the Executive Branch. And, it's the people's fault for electing and re-electing people who aren't doing their jobs.
Bingo. I have been saying for years: Whether you are a Republican or a Democrat, if you think that your party is doing a great job of representing the taxpayers, you just aren't paying attention or you have a poor understanding of government.
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Old 12-17-2012, 05:14 AM
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Originally Posted by The Revenge View Post
Sure he did. When he ran for office the first time. After he was elected he never mentioned it again. He said, "I will cut the deficit in half in my first term".
Grover Norquist has never been elected to any office.

Anyone who takes any potential solution to Americas largest problem "off the table" without discussion is pushing an agenda and not looking to problem solve.

DC has enough people like that already. It's why we are where we are.
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Old 12-17-2012, 05:23 AM
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Originally Posted by jzima View Post
Grover Norquist has never been elected to any office.

Anyone who takes any potential solution to Americas largest problem "off the table" without discussion is pushing an agenda and not looking to problem solve.

DC has enough people like that already. It's why we are where we are.
He was talking about Obama and his pledge he failed to act on.
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Old 12-17-2012, 07:13 AM
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Interesting development. Boehner has offered to raise taxes on people making $1 million/year. We'll see if that creates some movement toward compromise. At some point, all the boys and girls in Congress will want to go home for a well-deserved (yeah, right) holiday. Better get your work done first, folks!
http://www.forbes.com/sites/abrambro...al-cliff-deal/

I had to laugh at the article saying Boehner's offer would add $1 trillion to federal coffers over 10 years, considering that is less than 10% of the deficit that will keep those same coffers running on empty. And, taxing the next group that makes between $250K and $1 million apparently only adds another $400 billion in revenue. None of it is enough close the budget gap- please get real, folks.
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Old 12-17-2012, 07:45 AM
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They at least need to fix the estate tax before the New year.
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Old 12-17-2012, 08:22 AM
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Whether you’re a democrat or republican I think I’d move my money out of the stock market to a bond fund, CD whatever. I don’t think going over the cliff will be fatal but it will be a rough couple of months.
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