UNDERSTANDING THE FISCAL CLIFF

Propaganda.

actually it's not, i know you didn't watch...look at the time you posted compared to the time i did:)

A better name is Austerity Bomb. It's another Big Lie.

excellent video, thanks OP

pin requested.

What a crock of liberal shit - this is exactly what got us in the mess we are in today.

Trader Alert: The Market Could Now Be Entering A “Euphoria Stage”. Major Investment “KABOOM” Coming.

[link to investmentwatchblog.com]

nice spin job, LOL


is that you George?

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.

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.

Nobody understands me

lol


hugs:)


i say we jump the cliff yo!


Americans need a wake up call:)



turn off the tv and do something about it:)

this is fun, any more material world status quo shills?


LOL