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Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF

 
Lips Of Lucifer

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12/27/2012 03:25 PM
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Re: Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF
the Fiscal Cliff - 3000 BC

The Pharaoh's Sphincter - Late Final

Holy Men for God have warned of a sharp downturn in the economy today due to the Nile's disinvestment in the region. Priests have warned of looming austerity measures that may last as long as seven years. A spokesperson for the Slave Union said that he failed to see how the Pharaohs Infrastructure Development Program of great big triangles and a big Pussy in the middle of the desert would help those on the ground pushing giant bricks. A censuses was reached between Slave Union Bosses and the Voice of God that to avoid the Fiscal Cliff, the lashing each slave received should be increased by 2.5% with a 50% reduction in shitty bread and muddy water.

Last Edited by Lips Of Lucifer on 12/27/2012 03:32 PM
Anonymous Coward
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12/27/2012 03:26 PM
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Re: Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF
Fiscal cliff are just words used as scare tactics.. The game will continue even IF we go over, with the printing of more money, more taxes being introduced, MORE spending of money borrowed from China et al.
Personally? I think we should have fallen off 4 years ago when ObushMa passed the first bail out that did nothing.. People need to realize it all FAKE money.. Its tied to nothing but faith.. When certain people believe it has worth, then the sheeple follow..

The best advice this AC can give is to prepare.. Mentally, physically, and spiritually to live off less.. Less of the wants.. Less gadgets, gizmos, and TV's.. More concentration on the NEEDS.. Like, water, food, and shelter.. Its gonna be the wild fucking west and I cant wait for all the rich over indulged fat cats to be poor just like the rest of us.. The beauty of that scenario is that MOST of us are already used to living with less.. The rich fuckers will starve out quickly when all they can afford to eat are potatoes and beans instead of fancy cheeses with their fancy wines..
I say fuck em.. If we ALL stop going to work, refuse to participate in the game, the game is over.. Like flipping over the Monopoly board when you know the jig is up.. I "wish" the people as a whole realized our true power.. The US Corporate machine would stop if the grease monkey quit greasing..

I hope we do.. Ron Paul was our chance at a leader.. Now, its up to us..
 Quoting: Anonymous Coward 17552394


No matter what happens the rich will still be rich!
 Quoting: Keneh


Until the poor find them and take their heads.
Anonymous Coward
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12/27/2012 03:28 PM
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Re: Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF
This isn't really a bad thing. It just means we pretend like its 1997.

People seem to think the world will end. Nope. The dollar with strengthen, prices will drop on goods.

Sure the market will drop, but it was inflated anyway.
 Quoting: Anonymous Coward 29752593


If we go over the fiscal cliff that will cut a whopping $120 billion a year out of the deficit for the next ten years which is currently $1.2 trillion. This would mean our debt would increase by $10.8 trillion over the next decade instead of $12 trillion.

As for the Simpson Bowles plan, it's set to cut $4 trillion in deficits over the next ten years. Instead of running a deficit of $1.2 trillion a year, our deficits would be reduced to $800 billion a year. This assumes that business don't go under and tax revenue doesn't falter. The plan is also reliant on interest rates staying at near 0%, same as the automatic spending cuts/tax increases from the fiscal cliff.

Also, currently, every 1% increase in interest on the national debt adds $165 billion in expenditures to the current fiscal year. Our national debt is $16.5 trillion currently and $122 trillion in unfunded liabilities.

The dollar won't strengthen, interest rates will soar, inflation will soar (meaning a higher cost of living) and the price of everything will drop in terms of real money (gold and silver). Normally higher interest rates stave off inflation as higher interest rates encourage saving, lower demand and reduce the velocity of currency. But everyone, in due time, including Americans, will lose confidence in the fiat USD and we'll suffer a hyperinflationary depression.
 Quoting: Anonymous Coward 1447583


Your answer sounds better, but I stand by the fact the $ will strengthen.
Anonymous Coward
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12/27/2012 03:30 PM
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Re: Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF
I think I heard somewhere maybe here that the rich people and bankers were going to crash the economy if Obama was reelected, maybe this is how its going to be done!
 Quoting: Keneh


Not unless Warren Buffet gets to em first!
Anonymous Coward
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12/27/2012 03:32 PM
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Re: Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF
It's important to keep in mind that while the term “cliff” indicates an immediate disaster at the beginning of 2013, this isn't a binary (two-outcome) event that will end in either a full solution or a total failure on December 31. [link to bonds.about.com]

There are two important reasons why this is the case:

1) If all of the laws went into effect as scheduled and stayed in effect, the result would undoubtedly be a return to recession. However, Congress continues to work toward a deal that will alleviate the effects in some form.

2) Even if the deal does not occur before December 31, as appears likely, Congress can - and almost certainly will - act to change the scheduled laws retroactively to January 1 after the deadline.

At the same time, even a "solution" isn't necessarily positive, since a compromise will likely involve higher taxes or reduced spending in some form - both of which would help reduce the debt, but would be negative for economic growth.


With this as background, it's important to keep in mind that the concept of "going over the cliff" is largely a media creation, since even a failure to reach a deal by December 31 doesn't mean that a recession and financial market crash would necessarily occur!!!!!





THE TERM FISCAL CLIFF IS MADE UP BY MSM FOR FEAR MONGERING AND WE ARE PROMOTING IT HERE.
Anonymous Coward
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12/27/2012 03:41 PM
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Re: Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF
We were purposely pushed....
guest
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12/27/2012 03:43 PM
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Re: Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF
Why do the voters keep re-electing these guys? They are incapable of doing their jobs.
 Quoting: Anonymous Coward 30899692


Because its staged like everything else in this mass illusion. End the fed!
Lips Of Lucifer

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12/27/2012 03:45 PM
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Re: Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF
We were purposely pushed....
 Quoting: Anonymous Coward 1310816


Hehe Best post so far!!!

1rof1
Anonymous Coward
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12/27/2012 03:51 PM
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Re: Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF
They'll come to an "11th-hour compromise".

As always.

The script has never changed.

Just watch.
ChipModerator
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12/27/2012 03:56 PM

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Re: Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF
They'll come to an "11th-hour compromise".

As always.

The script has never changed.

Just watch.
 Quoting: The Tauremini


Yup..they'll be acting like they hate each other until that 11th hour...then a senate orgy will break out with circle jerking and whipped cream.
Any sufficiently advanced technology is indistinguishable from magic. ~Arthur C. Clarke

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every-citizen
CE1
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12/27/2012 04:00 PM

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Re: Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF
REID SAYS `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF

[link to twitter.com]
 Quoting: Dixie Normous


I hope that Pharmaceutical pill popping man milk whore goes over the cliff too!

Last Edited by CE1 on 12/27/2012 04:00 PM
waterman

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12/27/2012 04:06 PM

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Re: Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF
REID SAYS `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF

[link to twitter.com]
 Quoting: Dixie Normous


I hope that Pharmaceutical pill popping man milk whore goes over the cliff too!
 Quoting: CE1





-Heed the warning or endure the mourning
-Favor ain't fair
Marisol

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12/27/2012 04:09 PM

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Re: Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF
REID SAYS `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF

[link to twitter.com]
 Quoting: Dixie Normous


Harry? Now wasn't that always the plan? Point and blame yet do nothing to avoid what is already coming and everything to make sure you steer straight ahead? Why didn't you learn political maneuvering from one of your best buds Nancy Pelosi? You all must be pleased as punch. Hold your breath, we're all going under. The next question is: Who will survive?

5a

banana2

rockon
[link to www.begging] $$$ site drama farm.com/iu5xos
Anonymous Coward
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12/27/2012 04:10 PM
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Re: Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF
REID SAYS `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF

[link to twitter.com]
 Quoting: Dixie Normous


I wonder who will investigate how many stocks Reid shorted before posting his tweet.
TheCartel

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12/27/2012 04:27 PM
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Re: Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF
Why does the left believe raising the taxes on the rich will 'fix' the economy? It baffles me..
My little sister can manage wealth better than these clowns in washington
Anonymous Coward
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12/27/2012 04:33 PM
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Re: Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF
The only "fical cliff" is in the imaginations of those who like to play games with other peoples' lives. Another created "crisis".
 Quoting: Anonymous Coward 1044117


youre exactly right and this mumbo jumbo pisses me off to no end
Anonymous Coward
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12/27/2012 04:35 PM
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Re: Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF
Gave this a 1 star, really like the OP, but not feeding into the MSM made up fiscal cliff fear factory.
Anonymous Coward
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12/27/2012 04:41 PM
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Re: Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF
fiscal cliff, oh no!

is this like when we got a lowered standard & poor rating?

because if it is than good, nothing will change one way or the other

who wants to predict the next gay term they throw at us to get us nice and scared about the economy?

I say "Financial Apocalypse"
Anonymous Coward
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12/27/2012 04:43 PM
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Re: Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF
It is surprising to me that many people do not see the subterfuge going on in the Democratic Party, they feel if they keep repeating something over and over again people will start to believe it.

Well..it seems to have worked, which is in itself surprising to me since i always felt the American people had more sense, i was sadly mistaken.

One of the main problems with the Senate at the moment is Harry Reid.
This party loving old geezer is taking our country hostage by only passing what he deems necessary and shelving all the rest of the ideas mainly because most of the ideas being submitted were made by Republicans, his arch enemies it seems.

To watch the man when he comes to the floor to speak in the Senate, is just appalling. Most often the first sentence will always have to do with how he just can't understand the Republicans and how they are just ruining our country or something to that degree.
Then he starts the finger pointing and repeating all the old lies about the other side while always managing to leave out how their party has been sitting on their laurels for the past six years or so and do absolutely nothing for our country, they cannot even pass a budget..or do not even care to.

To this man it all comes down to party, he is fighting a war of words and wits aimed directly at the Republican Party not caring a bit about what is actually going on with our country it all comes down to hate for the other party for him. He is literally holding the Senate hostage for his own selfish hatreds..bills are not being passed..business as usual is not being taken care of because of one person and that is Harry Reid himself. If the man wants to do something great for this country he should resign immediately and let someone who can do the job without partisan or personal leanings take the office that he was given.

The political repercussions of his inability to lead are becoming quite apparent. Instead of doing his job and passing or failing bills that our nation needs to keep moving he would rather sit back and blame the other party about everything under the sun ..make it look like everything since the dawn of time has been the Republicans fault and let the media think that the reason we may go over the "Fiscal Cliff" is all the other parties fault, when in reality it is nobodies fault except the majority leaders in the Senate..Mr. Harry Reid..an outdated dinosaur with a bad disposition.

Reid claims that the Republicans will not work with them ..that is a lie..he refuses every suggestion..every offer..every bill passed by them...and then openly mocks them by laughing in their faces..he wants us to go over the cliff...it makes their job easier ..to turn America into a third world country ..

Its all just a big game to them..they are all puppets ..some with more power than others..their goal is the redistribution of all of America's wealth to the rest of the world..at all costs..and their puppet master is George Soros..you don't believe me? Obama was handpicked to be President many many years ago because of his skin color and oratory skills...divide and conquer..the new world order brought to you by the United Nations via George Soros is at your service..

All hail to the Great Destroyer! and God Help us.
 Quoting: PolarPrecursor


If we stop playing him and his friends games they will go away.
Anonymous Coward
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12/27/2012 04:43 PM
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Re: Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF
Dirty Harry is so funny in this video. Fiscal illusion.

seeker12

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12/27/2012 04:49 PM
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Re: Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF
Senator Reid Says He Doesn't See How 'Cliff' Can Be Avoided Now

[link to www.cnbc.com]
 Quoting: Dixie Normous


Oh that's classic coming from a major douchebag senator that refused to come up with a budget for the past 4 years.
 Quoting: AlcoholicRunner


This!
waterman

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12/27/2012 04:50 PM

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Re: Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF
Dirty Harry is so funny in this video. Fiscal illusion.


 Quoting: Anonymous Coward 1310979


dwight
-Heed the warning or endure the mourning
-Favor ain't fair
Useless Cookie Eater

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12/27/2012 04:53 PM

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Re: Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF
Let the "cliff" happen. More taxes and less spending is the only sensible thing to do.
 Quoting: Anonymous Coward 20517650


More taxes? wtf
You are beyond retarded.


halldemo
waterman

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12/27/2012 04:55 PM

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Re: Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF
Let the "cliff" happen. More taxes and less spending is the only sensible thing to do.
 Quoting: Anonymous Coward 20517650


More taxes? wtf
You are beyond retarded.


halldemo
 Quoting: Useless Cookie Eater




-Heed the warning or endure the mourning
-Favor ain't fair
Epic Beard Guy
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12/27/2012 05:00 PM

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Re: Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF
I think I heard somewhere maybe here that the rich people and bankers were going to crash the economy if Obama was reelected, maybe this is how its going to be done!
 Quoting: Keneh


That's funny 'cause I heard if Oblabla got re-elected, he would crash the economy. The people I listen to seem to make more sense. The people you listen to don't make any sense at all.
Hope for the best, but prepare for the worst.
"America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards." -- Claire Wolfe
Anonymous Coward
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12/27/2012 05:02 PM
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Re: Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF
Well Mr. Reid, don't hit your head when you go over the cliff because you might mess up your programming.
Anonymous Coward
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12/27/2012 05:03 PM
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Re: Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF
It does still fascinate me how those people have deluded themselves into thinking that everyone is a stupid fool. Good grief.
Epic Beard Guy
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12/27/2012 05:05 PM

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Re: Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF
Gave this a 1 star, really like the OP, but not feeding into the MSM made up fiscal cliff fear factory.
 Quoting: Jervis and V-Honey


Are you looking forward to the higher tax rates? Do you really believe that they will not hurt our already fragile economy? If you buy into the "MSM recovery" I think this will be the end of it. We will be in a much deeper recession, and Barry will be telling everyone that it is the fault of the republicans because they wouldn't kiss his ass.
Hope for the best, but prepare for the worst.
"America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards." -- Claire Wolfe
Useless Cookie Eater

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12/27/2012 05:08 PM

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Re: Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF
It does still fascinate me how those people have deluded themselves into thinking that everyone is a stupid fool. Good grief.
 Quoting: Anonymous Coward 30957054


Speaking of which, if you haven't watched this you should.
Maria Bartiromo lays into them the other day for THAT EXACT THING.

She says to them on live TV...."you must think we are all stupid"..and many other choice things. lol

Watch it....she pulls no punches. thumbs

(video at link)

CNBC's Maria Bartiromo Attacks Ben Cardin Over Fiscal Cliff Talks
[link to www.wbal.com]


uhohmkt

Last Edited by Useless Cookie Eater on 12/27/2012 05:18 PM
Anonymous Coward
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12/27/2012 05:16 PM
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Re: Harry Reid: `IT LOOKS LIKE' U.S. WILL GO OVER FISCAL CLIFF
Our government and the powers that be planned for America to fly off the fiscal cliff.
 Quoting: Anonymous Coward 30907685


Should be interesting! They expect us to 'go over' the fiscal cliff as in 'fall.' Since the eagle is our national symbol and it DOES NOT fall, but fly, hopefully things won't be near as bad as people are predicting.

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