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UNDERSTANDING THE FISCAL CLIFF

 
hugs1111
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12/03/2012 03:08 PM
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UNDERSTANDING THE FISCAL CLIFF
Acclaimed author, Berkeley professor, and Clinton-era Secretary of Labor Robert Reich lays out the what, why and how of the Fiscal "Cliff", the showdown in Congress that Republicans created to demand painful cuts in vital domestic programs in exchange for raising taxes on the top 2%. Learn the facts, and the best way out of this forced showdown.

[link to www.youtube.com]



Last Edited by hugs1111 on 12/03/2012 03:08 PM
hugs for you:)
Anonymous Coward
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12/03/2012 03:08 PM
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Re: UNDERSTANDING THE FISCAL CLIFF
Propaganda.
hugs1111 (OP)

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12/03/2012 03:09 PM
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Re: UNDERSTANDING THE FISCAL CLIFF
Propaganda.
 Quoting: Anonymous Coward 24210762



actually it's not, i know you didn't watch...look at the time you posted compared to the time i did:)
hugs for you:)
Fork Spinner
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12/03/2012 03:21 PM
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Re: UNDERSTANDING THE FISCAL CLIFF
A better name is Austerity Bomb. It's another Big Lie.
Anonymous Coward
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12/03/2012 03:28 PM
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Re: UNDERSTANDING THE FISCAL CLIFF
excellent video, thanks OP
Anonymous Coward
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12/04/2012 12:12 PM
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Re: UNDERSTANDING THE FISCAL CLIFF
pin requested.
Anonymous Coward
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12/04/2012 12:17 PM
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Re: UNDERSTANDING THE FISCAL CLIFF
What a crock of liberal shit - this is exactly what got us in the mess we are in today.
waht

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12/04/2012 01:13 PM
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Re: UNDERSTANDING THE FISCAL CLIFF
Trader Alert: The Market Could Now Be Entering A “Euphoria Stage”. Major Investment “KABOOM” Coming.

[link to investmentwatchblog.com]
Anonymous Coward
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12/04/2012 11:50 PM
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Re: UNDERSTANDING THE FISCAL CLIFF
bump
Anonymous Coward
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12/04/2012 11:51 PM
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Re: UNDERSTANDING THE FISCAL CLIFF
What a crock of liberal shit - this is exactly what got us in the mess we are in today.
 Quoting: Anonymous Coward 1579668





nice spin job, LOL


is that you George?





bsflag
Anonymous Coward
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12/05/2012 12:03 AM
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Re: UNDERSTANDING THE FISCAL CLIFF
yoda
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12/05/2012 09:45 AM
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Re: UNDERSTANDING THE FISCAL CLIFF
bump
Maguyver
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12/05/2012 10:30 AM

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Re: UNDERSTANDING THE FISCAL CLIFF
What a load of crap.

1) Adding taxes to the rich will bring in, what, $50B a year if the Bush tax cuts are removed? That's a drop in the bucket. A very big bicket. Not that I'm against raising taxes, it's just a falacious arguement meant to stir up the class warefare gig.

2) There is no suggested 'wealth tax' on the rich. If those making the argument to tax the rich were serious about collecting revenue from the 1%, they would talk about this, but they don't. Warren Buffet and Mr. Gates wouldn't play along with that.

3) About 60% of the budget entitlements like welfare, medicaid, social security, and interest on the debt. Those are pre-spent items; the $$ goes into them automatically like a draft off your checking account. REAL reform needs to happen there; that's where the most of the money is spent. If not, we keep borrowing money and the interest portion of the 60% keeps raising until it eats the entire pie.

4) On that note: $16,000,000,000,000. and climbing fast. The interest alone was $227,000,000,000. in 2011.

more in a bit....gotta run.

cheers
Adversity is inevitable, misery is optional.

Do or do not. There is no try.

"The enemy will never attack where you are strongest...He will attack where you are weakest. If you do not know your weakest point, be certain, your enemy will." Sun Tzu
Maguyver
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12/05/2012 10:53 AM

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Re: UNDERSTANDING THE FISCAL CLIFF
Futhermore....

The only mention of spending cuts are military and corp welfare. OK...I'm good with that, but what else? What about nixing some of the bennies called 'safety nets' or at least making them more difficult to qualify for.

last (for now), the Government doesn't create jobs other that those on the government payroll. It can support an environment in which jobs are created.

And, remember, the government cannot spend a cent it hasn't taken from the populous and, thus, the economy.

cheers
Adversity is inevitable, misery is optional.

Do or do not. There is no try.

"The enemy will never attack where you are strongest...He will attack where you are weakest. If you do not know your weakest point, be certain, your enemy will." Sun Tzu
Cliff Fiscal

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12/05/2012 11:23 AM

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Re: UNDERSTANDING THE FISCAL CLIFF
Nobody understands me verysad
Be the God, we are all God. Universal peace and light.
Anonymous Coward
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12/05/2012 03:45 PM
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Re: UNDERSTANDING THE FISCAL CLIFF
Nobody understands me verysad
 Quoting: Cliff Fiscal


lol


hugs:)


i say we jump the cliff yo!


Americans need a wake up call:)



turn off the tv and do something about it:)
Anonymous Coward
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12/05/2012 09:48 PM
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Re: UNDERSTANDING THE FISCAL CLIFF
this is fun, any more material world status quo shills?


LOL
Anonymous Coward
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12/06/2012 11:17 AM
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Re: UNDERSTANDING THE FISCAL CLIFF
bump

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