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Both parties agree that taxes should not increase on the middle class, so why are Republicans blocking a vote? Some Republicans are saying it would pass both the Congress and Senate, but of course Republicans are holding the middle class hostage, so they can protect the top 2%.
You do realize that you are being fed propaganda don't you?
Republicans are not blocking any votes. Republicans that don't want to increase taxes on anyone because they believe it will hurt the economy and unemployment will go higher again. They also want spending cuts but Obama keeps spending (more than all presidents combined). Unfortunately he is getting away with it because people believe the rhetoric. Remember one thing... Obama is a politician and politicians do tell the truth. It is a perfect setup to go after republicans. If we go over the fiscal cliff he will blame Republicans like he is now.
Make no mistake. Obama is a spender so he wants "everyone" to pay higher taxes proven many times. He just couldn't tell you that because people would not vote for him.
You do realize that you are being fed propaganda don't you?
Republicans are not blocking any votes. Republicans that don't want to increase taxes on anyone because they believe it will hurt the economy and unemployment will go higher again. They also want spending cuts but Obama keeps spending (more than all presidents combined). Unfortunately he is getting away with it because people believe the rhetoric. Remember one thing... Obama is a politician and politicians do tell the truth. It is a perfect setup to go after republicans. If we go over the fiscal cliff he will blame Republicans like he is now.
Make no mistake. Obama is a spender so he wants "everyone" to pay higher taxes proven many times. He just couldn't tell you that because people would not vote for him.
As oposed to the Bush fiscal responsiblity? LMFAO, REALLY? Two unfunded wars and tax cuts to all time lows? Really, and its Obamas fault. LMAO
Taxes are going up on the top 2 percent one way or another. Either the Republicans can get on board and support keeping tax cuts in place for the 98 percent or they can all go away and then they can what vote against them when the senate votes them in next year? I would love to see that. It would make the public hate Republicans even more. Bring on 2014 and re take the house.
I dont understand why this has to be a pissing match between both parties. It doesnt matter whose fault it is, what matters is what the outcome may be.
That being said, everybody and the markets are expecting a deal. If people truly thought a deal would not be made the markets would have been in a downward spiral. Im actually fairly surprised that they have not been dropping given all the press this 'cliff' has been getting.
We can all say that we would buy up all sorts of shares when everything is calm. True test comes in when markets drop 10%, you buy shares, then they drop another 10%. We can all say we would just buy more for DCA, but it typically doesnt happen like that.
With the Republicans acting like spoiled children, we may well see the so called jump off the fiscal cliff. I think this may be a great to excellent opportunity to buy. I am waiting myself to see if they hold on to their my way or the highway ideas driving us off the cliff. If so the markets will react maybe even before the cliff exit. This will make for a great time to buy on a large dip. I would love to see a thirty percent dump. The market will rebound when either the fix is then brought in or even more likely people realize the cliff is more of small pot hole in the road and lung back into the market.
Republicans will cave at the last second. Political suicide to let it go over, and they will get the blame.
Quote:
Originally Posted by Teak
This is Obama's mess, not the Republicans. After 4 years Obama still isn't LEADING, but rather BLAMING. He has yet to submit a sensible budget. He campaigned for re-election promising jobs but now what? No more talk about creating jobs. The @rsehole was simply running for re-election so he could take more taxpayer-paid vacations.
Obama keeps talking about a "balanced" approach, but has not yet shown where significant cuts will be made to the expensive, expansive budgets of his past four years.
But you Swooners will continue to swoon, I suppose, until we are totally owned by China.
Not the presidents job to do the budget.
Quote:
Originally Posted by petch751
You do realize that you are being fed propaganda don't you?
Republicans are not blocking any votes. Republicans that don't want to increase taxes on anyone because they believe it will hurt the economy and unemployment will go higher again. They also want spending cuts but Obama keeps spending (more than all presidents combined). Unfortunately he is getting away with it because people believe the rhetoric. Remember one thing... Obama is a politician and politicians do tell the truth. It is a perfect setup to go after republicans. If we go over the fiscal cliff he will blame Republicans like he is now.
Make no mistake. Obama is a spender so he wants "everyone" to pay higher taxes proven many times. He just couldn't tell you that because people would not vote for him.
Republicans aren't any less a spender, the only reason they're making such a big stink is it isn't them doing it.
Cutting spending and cutting taxes in a country of 300+ million people that you expect to stay the leader of the world, doesn't work, especially at current rates.
PS: Pink shows how you just regurgitate what's spewed by talking heads. No educated opinion used, by either.
There is nothing we can do because it is beyond our control. The best thing anyone "should have already done" is to prepare for the worst.
If we all go over you won't be able to spend money because you won't have it. If we don't go over I won't be spending money because I won't trust it. Obama will go after more.
We fell off the "fiscal cliff" somewhere in the past $16,000,000,000,000.00! If you are going to base your investment decisions on the solvency of the Federal Government, you'd might as well take your money and move to China.
PS: Pink shows how you just regurgitate what's spewed by talking heads. No educated opinion used, by either.
More education than you have.
Let's do some simple math. The Blamer-in-Chief ONLY harps about soaking the rich now; no talk about jobs, no talk about cutting the deficit, nothing to show LEADERSHIP.
Okay, I give in. Let's soak those rich b-tards. CBO says it will bring in $80 billion. Won't even mention that many of these are business owners who create the bulk of the jobs in this country. Now, let's apply that $80 billion to the $1.2 trillion Obama deficit. (We're going to have to use big numbers now; you can handle that?)
$1,200,000,000,000 minus $80,000,000,000 = $1,020,000,000,000
Now, how does the Blamer-in-Chief plan on handling that $1.02 trillion deficit? ?? ?? That's right; no answer because he has NO plan.
The reason that we grown-ups don't want to give Infant Obama the right to raise tax rates indefinitely, ad nauseum, is that he will only SPEND that money on new programs to benefit those of you who voted for him. He has NO PLANS to reduce the deficit.
If you want to be owned by China, then please move there.
Our government spends way too much money... Obama wants to commit Americans to pay more.
with the exception of defense , goverment spending in america is low by western standards
taxes are also very low by western standards
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