WHITE HOUSE SAID TO OFFER DEAL WITH $1.4 TLN OF REVENUE. Initial offer was $1.6 trillion. Last summer it was $0.8 trillion!!!

zerohedge‏@zerohedge

House Republicans Firm Against Higher Tax Rates, McCarthy Says on Meet the Press

Authored by Gordon T. Long of GordonTLong.com,

The Political Foundation of the status quo in America is based on a Grand Bargain of Complicity between the top 25% who pay approximately 90% of the taxes, and the bottom 50% who draw on the benefits that come from government. James Madison in the "Federalist Papers" outlined this complicity in the "Tyranny of the Majority". What is becoming painfully evident is that the political elite in America have falsely over-promised on the entitlements that can be delivered, which is now surfacing in the political turmoil of the Fiscal Cliff negotiations and has the potential to quickly lead towards a constitutional crisis.

Meanwhile the very top 1% of Americans, that pay 25% of the taxes and control most of the productive wealth in the nation, are securing and exercising increasing powers within the government, through what is becoming increasingly identified as 'Crony Capitalism" and "Corporatocracy". Thomas Jefferson also warned us about this potential constitutionally destabilizing influence which could emerge within the structure of the 'separation of powers'.

Out of a population of 315 million, presently only 115 million Americans have full time, non-government funded jobs.

more at link

[link to www.zerohedge.com]

Last Edited by SPUD on 12/09/2012 02:05 PM

ABC7 News‏@abc7newsBayArea

Senator: Republican senators would consider raising the top tax rate paid by the wealthiest Americans: [link to abclocal.go.com]

Last Edited by Luisport on 12/09/2012 02:35 PM

yup and just wait until they show that the tax increase on the wealthy is really on everyone.

new bar for being wealthy. earn more than 8k a year. 90% tax

i really hope not... US will turn Eu condition very fast!

ok

that's it

doom on bitches!

ABC7 News‏@abc7newsBayArea

#BREAKING: President Barack Obama and Speaker of the House John Boehner meet at White House in private discussion over 'fiscal cliff' (AP)

ABC7 News‏@abc7newsBayArea

UPDATE: Pres. Obama and Boehner met today to discuss #FiscalCliff: [link to DON'T_USE-THIS] Both agreed to not release details of conversation.

Business Insider‏@businessinsider

Obama Met With Boehner To Discuss The Fiscal Cliff — And Their Aides Used Identical Language To Describe The Meeting [link to read.bi]

Tax them rich fucks. I mean very rich not the average rich person who owns a Lamborghini or Ferrari.

Whatever they agree to...

You can be sure of one thing...

The American people are going to get screwed.

It's all just very bad political theater.

Obama has been meeting with boners for years. Usually for a milkshake.

They had better hurry, the bunkers lock up in a few days.

and it's just a matter of time....

before the bottom drops out.

zerohedge‏@zerohedge

NYSE US Cash product volume declined 24.8% Y/Y. YTD cash volume down 27% from 2011

Barack Obama and the Democrats aren’t really interested in solving the massive number of problems in the fiscal cliff coming in less than four weeks. Their priority is to inflict as much damage on House Republicans as possible, and if that inflicts damage on America, well, you gotta break a few eggs to make omelettes, too.

[link to hotair.com]

I bet he meets with Weiners, too.

zerohedge‏@zerohedge

MCD is now a EURUSD driver, at least to the GETCO stop hunt algotrons
Macdonalds just save the day!!!

I'd like to find out where we would be today, revenue-wise if they had never given the robber barons the tax cuts in the first place.

Guess they needed some time to determine how they both declare themselves winners as we get screwed when tax rates reset on the rest of us.

Going to get a tattoo on my back with an arrow pointing down that says "Uncle Sam Was Here".

you believe everything Glenn Beck and Rush Limbaugh tell ya don't ya? sad for you my little sheeple.

Business Insider‏@businessinsider

Another New Fiscal Cliff Poll Shows Obama's Clear Advantage On Tax Hikes by @brettlogiurato [link to read.bi]

It may be true, but BI has their heads so far up Obama's ass they all share the same eye color.