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FISCAL CLIFF COUNTDOWN TIMER - What will happen next??

 
fedspeak
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User ID: 1384222
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12/29/2012 07:39 AM

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FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
We are at the brink now as the fical cliff is upon us and here is a countdown timer ..

[link to www.friendsoftheuschamber.com]

..along with a view into how the US Stock Index Futures perceive the moment of truth that is to be bestowed upon us..

[link to finviz.com]

Let the data speak for itself...Your comments ??
Anonymous Coward (OP)
User ID: 1384222
United States
12/29/2012 08:10 AM
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Re: FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
I really hope they pass a bill by Jan 1st....for everyones sake!
Anonymous Coward
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12/29/2012 08:15 AM
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Re: FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
Either taxes are increased or the US goes bancrupt.
Anonymous Coward
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United Kingdom
12/29/2012 08:22 AM
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Re: FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
Either taxes are increased or the US goes bancrupt.
 Quoting: Anonymous Coward 31073043


The fiscal cliff is a massive tax increase, along with heavy austerity. Don't worry, the woking middle classes, if that even exists anymore, will bear the brunt.

Just kinda goes to show that Keynesian 'spend, spend, spend' is a flawed concept.
Anonymous Coward
User ID: 31073043
12/29/2012 08:23 AM
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Re: FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
Either taxes are increased or the US goes bancrupt.
 Quoting: Anonymous Coward 31073043


The fiscal cliff is a massive tax increase, along with heavy austerity.
 Quoting: Anonymous Coward 31008224


Thats why they will let it happen. They need the money.
Anonymous Coward
User ID: 30760504
United States
12/29/2012 08:24 AM
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Re: FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
complete financial collapse within 30 days, thats the plan.
Anonymous Coward (OP)
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12/29/2012 10:15 AM
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Re: FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
Going down to the wire... Obama is really upset and he wants the deal done now!
Anonymous Coward
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12/29/2012 10:18 AM
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Re: FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
Taxes will go up?
Anonymous Coward
User ID: 31073143
Portugal
12/29/2012 10:19 AM
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Re: FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
Relax, at 11:50pm 31st December the deal gonna be announced and the doom gonna be canceled once more. Everyone knows that one way or another there gonna be a deal.
waht

User ID: 24118278
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12/29/2012 10:22 AM
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Re: FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
Countdown Clock Is Quickly Approaching Zero: Reid and McConnell Haven’t Reached An Agreement, Obama Is Demanding 100% His Way, And GOP Going Nuclear… $1 Trillion Obamacare Tax Hike Also Hitting On Jan. 1

[link to investmentwatchblog.com]
Wubbo Ockels

User ID: 14726463
Netherlands
12/29/2012 10:26 AM

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Re: FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
check out what happened with the DOW futures since Dec 21st 2012:

[link to s9.postimage.org]


also check out my thread on this:
Thread: >>>> MARKETS vs. TIMEWAVE ZERO


Cheers!


.
R.I.P. for the real Wubbo Ockels. He was a true icon of my country, and a great front-fighter for sustainable energie/technology and humanism.

"Yes, we have hurdles, we have distractions, we have disasters, personally and world-wide, and we do have to work it all out ourselves. BUT, there is a most amazing experience awaiting us on the other end of the finish-line.
The idea being, once we can handle it all down here, then we can live and explore eternally, responsibly, because we know what not to do, and not be resentful about being responsible, so we don't start a polarity domino effect in the other realms of existence."

"The Fraction" of Life can be increased in value not so much by increasing your Numerator as by lessening your Denominator. Nay, unless my Algebra deceive me, Unity itself divided by Zero will give Infinity."

Thread: LADIES & GENTLEMEN: I PRESENT to YOU OUR NEW SUN !!
Anonymous Coward
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12/29/2012 10:27 AM
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Re: FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
Relax, at 11:50pm 31st December the deal gonna be announced and the doom gonna be canceled once more. Everyone knows that one way or another there gonna be a deal.
 Quoting: Anonymous Coward 31073143


I don't think there will be a last minute deal like usual. They'll let us roll over this fiscal pothole to scare everyone and a couple weeks later Obama will cut taxes for the poor and middle class. Regardless of any tax increases or spending cuts, the US is still bankrupt and the dollar is well on its way to becoming worthless.
Anonymous Coward
User ID: 21906203
United States
12/29/2012 10:29 AM
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Re: FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
I was reading yesterday, until Jan. 1st 2013, people who made 5 mil a year were taxed at 35%, this year people who make 1 mil a year will pay 55% in taxes. That's insane. I have nothing against making a lot of money, some of those ppl workd very hard to earn that kind of money. Not everyone cheated or stole to get it.
WAKEUPAMERICA01

User ID: 31042304
United States
12/29/2012 10:36 AM

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Re: FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
who cares maybe this is the reset button so many have been waiting for. whats going to happen at midnight we all going to turn back into pumpkins or something, world gonna stop turning. Don't think so. Taxes are going to go up either way wether we go off the cliff or not. The problem in DC is not a revenue problem it is a spending problem. They always need more of your money to fund the projects and programs to keep the gov. alive so they can continue to get larger and larger reducing everything around them to shambles and ruins.

These idiots on both sides of the aisle and in all branches of the gov. seem to have the best pay, best healthcare, best pensions, the most perks ever recorded in the US history, and they are worried about gun control and passing more laws, taxes and regulations. Its ok to do it to the peons but don't infringe on their deals and their ways of living. Didn't most gov. workers just get a raise. What a joke. The writing is on the wall and it seems that most folks forgot how to read and comprehend.

WAKE UP AMERICA
WAKE UP AMERICA
"I love the man that can smile in trouble, that can gather strength from distress, and grow brave by reflection. 'Tis the business of little minds to shrink; but he whose heart is firm, and whose conscience approves his conduct, will pursue his principles unto death."
Thomas Paine, The American Crisis, No. 1, December 19, 1776
"Those who expect to reap the blessings of freedom, must, like men, undergo the fatigues of supporting it."

Thomas Paine, The American Crisis, No. 4, September 11, 1777
"I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power (of money) should be taken away from the banks and restored to the people to whom it properly belongs." -- Thomas Jefferson, U.S. President.
"A majority of the people of the United States have lived all of their lives under emergency rule. For 40 years, [79 years now in 2012] freedoms and governmental procedures guaranteed by the Constitution have in varying degrees been abridged by laws brought into force by statutes of national emergency."
Anonymous Coward
User ID: 10743044
United States
12/29/2012 10:36 AM
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Re: FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
makes absolutely no difference one way or another.

the country is bankrupt... completely!

this fiscal cliff bs is a distraction, much like the presidential debates, made no difference in the planned outcome.

check out the video in the thread about the newscaster who's telling the truth, keyword TRUTH.

TIME TO WAKE UP!
Anonymous Coward
User ID: 10401141
United States
12/29/2012 10:37 AM
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Re: FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
Well I hope they do. Finally the ones that haven't been paying any income tax will be forced to contribute their fair share.
Larisa

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United States
12/29/2012 10:37 AM
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Re: FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
Relax, at 11:50pm 31st December the deal gonna be announced and the doom gonna be canceled once more. Everyone knows that one way or another there gonna be a deal.
 Quoting: Anonymous Coward 31073143


I don't think there will be a last minute deal like usual. They'll let us roll over this fiscal pothole to scare everyone and a couple weeks later Obama will cut taxes for the poor and middle class. Regardless of any tax increases or spending cuts, the US is still bankrupt and the dollar is well on its way to becoming worthless.
 Quoting: Anonymous Coward 1447583


^^ This. I have a feeling there won't be a decision regarding tax rates, credit extensions and patches till January or February. Lots of low and middle income peeps won't be able to get their refunds (if any due) till then.
WAKEUPAMERICA01

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12/29/2012 10:37 AM

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Re: FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
[link to www.khq.com]

WAKE UP AMERICA
WAKE UP AMERICA
"I love the man that can smile in trouble, that can gather strength from distress, and grow brave by reflection. 'Tis the business of little minds to shrink; but he whose heart is firm, and whose conscience approves his conduct, will pursue his principles unto death."
Thomas Paine, The American Crisis, No. 1, December 19, 1776
"Those who expect to reap the blessings of freedom, must, like men, undergo the fatigues of supporting it."

Thomas Paine, The American Crisis, No. 4, September 11, 1777
"I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power (of money) should be taken away from the banks and restored to the people to whom it properly belongs." -- Thomas Jefferson, U.S. President.
"A majority of the people of the United States have lived all of their lives under emergency rule. For 40 years, [79 years now in 2012] freedoms and governmental procedures guaranteed by the Constitution have in varying degrees been abridged by laws brought into force by statutes of national emergency."
Lime Flavoured Redux

User ID: 31074488
United Kingdom
12/29/2012 10:39 AM
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Re: FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
Relax, at 11:50pm 31st December the deal gonna be announced and the doom gonna be canceled once more. Everyone knows that one way or another there gonna be a deal.
 Quoting: Anonymous Coward 31073143


Either that or they'll be a deal sometime in January that backdates everything to Jan 1st anyway.
Limpan

User ID: 1474973
Sweden
12/29/2012 10:40 AM

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Re: FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
We are at the brink now as the fical cliff is upon us and here is a countdown timer ..

[link to www.friendsoftheuschamber.com]

..along with a view into how the US Stock Index Futures perceive the moment of truth that is to be bestowed upon us..

[link to finviz.com]

Let the data speak for itself...Your comments ??

 Quoting: fedspeak


I'm starting to hate this Fiscal Cliff bullshit.
Haven't you seen this a hundred times??
Last minute agreement and the chep on Bloomberg spinne it and the markets will go wow....
Thanks for the thread, but this means nothing

hf
Anonymous Coward
User ID: 27591527
United States
12/29/2012 10:41 AM
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Re: FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
Relax, at 11:50pm 31st December the deal gonna be announced and the doom gonna be canceled once more. Everyone knows that one way or another there gonna be a deal.
 Quoting: Anonymous Coward 31073143


I don't think there will be a last minute deal like usual. They'll let us roll over this fiscal pothole to scare everyone and a couple weeks later Obama will cut taxes for the poor and middle class. Regardless of any tax increases or spending cuts, the US is still bankrupt and the dollar is well on its way to becoming worthless.
 Quoting: Anonymous Coward 1447583


Most likely option:

Punt. If this occurs, the tax cuts will not expire, tax increases won’t take effect, and the spending cuts will be delayed until after the presidential inauguration and new Congress arrives in 2013.
Anonymous Coward
User ID: 8829929
United States
12/29/2012 10:41 AM
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Re: FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
borrow (at high interest rate) some more digital dollars backed by nothing.
WAKEUPAMERICA01

User ID: 31042304
United States
12/29/2012 10:42 AM

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Re: FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
It is just smoke and mirrors. Look over here, no look over here oh shit what is that.

WAKE UP AMERICA
WAKE UP AMERICA
"I love the man that can smile in trouble, that can gather strength from distress, and grow brave by reflection. 'Tis the business of little minds to shrink; but he whose heart is firm, and whose conscience approves his conduct, will pursue his principles unto death."
Thomas Paine, The American Crisis, No. 1, December 19, 1776
"Those who expect to reap the blessings of freedom, must, like men, undergo the fatigues of supporting it."

Thomas Paine, The American Crisis, No. 4, September 11, 1777
"I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power (of money) should be taken away from the banks and restored to the people to whom it properly belongs." -- Thomas Jefferson, U.S. President.
"A majority of the people of the United States have lived all of their lives under emergency rule. For 40 years, [79 years now in 2012] freedoms and governmental procedures guaranteed by the Constitution have in varying degrees been abridged by laws brought into force by statutes of national emergency."
Anonymous Coward
User ID: 10743044
United States
12/29/2012 10:43 AM
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Re: FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
here's the video... please take the time to watch it.

[link to www.khq.com]
Anonymous Coward
User ID: 20756371
United Kingdom
12/29/2012 10:52 AM
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Re: FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
End of Civilization. Or not.

One or the other.
Anonymous Coward
User ID: 20756371
United Kingdom
12/29/2012 10:54 AM
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Re: FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
here's the video... please take the time to watch it.

[link to www.khq.com]
 Quoting: Anonymous Coward 10743044


I watched that earlier. It was really good.

He was still watching his words but he had the gist of it.
Anonymous Coward
User ID: 19412151
United Kingdom
12/29/2012 10:56 AM
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Re: FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
Relax, at 11:50pm 31st December the deal gonna be announced and the doom gonna be canceled once more. Everyone knows that one way or another there gonna be a deal.
 Quoting: Anonymous Coward 31073143



bump



Lol its so blatantly obvious that your so called savior "Bazza Sataro" well step in at the last moment and save the day.

osuper
Limpan

User ID: 1474973
Sweden
12/29/2012 10:56 AM

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Re: FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
End of Civilization. Or not.

One or the other.
 Quoting: Anonymous Coward 20756371


End of Civilization

That was really funny!!!!

LOL
SunnyDaze

User ID: 25390797
United States
12/29/2012 11:00 AM

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Re: FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
seriously - does anyone really believe that they will not extend the tax break today ..

how many times do you have to watch this drama to get the plot ... they do it every fucking year ... and then SAVE us at the last possible minute ... so scripted it is pathetic and anyone still goes for it - and they still do it


no doubt in my mind that they will extend the breaks ... none what-so-ever
Anonymous Coward
User ID: 12968873
Netherlands
12/29/2012 11:11 AM
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Re: FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
the same shit like in europe more tax it,s payback time.the fed is gone shut down in 2013 from now on it,s the peoples money yihaaaaa.5a
Anonymous Coward
User ID: 20756371
United Kingdom
12/29/2012 11:12 AM
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Re: FISCAL CLIFF COUNTDOWN TIMER - What will happen next??
This is Mayan year though.

All bets off the table.