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On Friday the White House announced that President Obama will veto any bill extending tax cuts for those making more than $250K.

read more here ...

http://www.deseretnews.com/article/765615198/Obama-Americans-agree-with-my-approach-on-deficit.html

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Nice

We are so porked...



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Originally Posted by fish head
On Friday the White House announced that President Obama will veto any bill extending tax cuts for those making more than $250K.
I expected nothing less.. He's the Emperor, you see...


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LET'S GO BRANDON!!!
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I never believed any of Hussein's BS about a new era of compromise, working together to solve the nation's problems, reaching across the aisle, blah, blah, blah ...

Nothing has changed.





edit: Something has changed. Hussein has the GOP by the nads and is emboldened with power.

Last edited by fish head; 11/12/12.
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Isn't it funny that "compromise" only works if it's the Repubs. that do the actual compromising?


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Phouc Dim all


I am..........disturbed.

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Originally Posted by fish head
I never believed any of Hussein's BS about a new era of compromise, working together to solve the nation's problems, reaching across the aisle, blah, blah, blah ...

Nothing has changed.





edit: Something has changed. Hussein has the GOP by the nads and is emboldened with power.


I say the R's need to vote "present" on every & all matters affecting the economy...some lessons are only learned the hard way...

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The compromise will come in what size of increase, not if their is an increase. Obviously Obama wants to return those making over 250,000 to 39.6 percent, the republicans want to keep the the rate as is. It wouldn't be compromising if either party didn't move from their position.


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Unfortunately the taxpayers position is "bent over".


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Democracy is, in effect, dead in America now.


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Not very hard to believe. We have seen his colors for 4 years. He will just get bolder.

Last edited by BlueDuck; 11/12/12.
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Frankly, in return for the abysmal handling of F&F, Libya, and the election, the R's better jock up.

I hardly call the election a mandate, and they still have half the population to speak for.

Time to nut up - or let it all fail so we can get on with any crap before I'm too old to enjoy it.

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Why do liberals always cry for 'bipartisanship' when they're in power, but fight against it in the nastiest way possible when they're in opposition?


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The only reason to call it a fiscal cliff is to make people think that what will happen is terrible. The truth is that what will happen has to happen or the Feredral government will go bankrupt. Actually the Federal government is already bankrupt. They owe $16 trillion dollars and they have annual revenue of about $1.6 trillion. So they owe ten times what they earn annually. Any corporation or business would have declared bankruptcy a long time ago. Fourty percent (40%) of the Federal budget goes to paying the interest on the debt. Not paying on the principal mind you. Just to pay the interest. The debt keeps growing and the interest payments keep growing.

The truth is that we have to raise taxes on everyone and drastically lower expenditures so that we can start paying down the principal of the debt. If we don't do that then eventually the government will have to choose between paying interest and paying for essential programs. When they choose not to pay the interest then nobody will loan them any more money and they will be bankrupt. The value of U.S. currency will plummet and we won't be able to buy any foriegn products. When the world's largest consumer nation stops buying imported products because they are too expensive our trading partners go bankrupt because they are in the same situation as we are and they depend on cointinuing U.S. buying to keep their economies going. A world-wide depression will ensue that will make the 1930s look mild by comparison.

So it's not a fiscal cliff. It's what has to happen in order to survive financially. But I bet the sleezy politicians will come up with some gimmick to prolong the inevitable and avoid doing what has to be done from occuring automatically. They will claim it as a victory for bi-partisan compromise when actually they just continue to screw the Amercian public.

Actually they don't have to do anything. The tax increases (actually elimination of tax cuts) and reduction in expenditures will happen automatically if they do nothing and they can blame the other party. So the best thing that can happen is for grid-lock to continue.

KC



Wind in my hair, Sun on my face, I gazed at the wide open spaces, And I was at home.





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Gridlock the chit out of'm and starve the freeloaders out.

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Originally Posted by krp
Gridlock the chit out of'm and starve the freeloaders out.

Kent


Damn right.

They have already taken for granted everything they have been given.

They need to get responsible with what they have and that is going to mean tough internal choices.

The R's better let � know he needs to fix "his" country with the status quo.

And if it can't be done, then I think it shows that the existing situation isn't tennable more than they need more money from the people.

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honest sentiment but it won't just be the freeloaders that get starved out

gridlock or status quo will hurt good people

it cutting off your nose to prove a point

Repubs need to get serious about spending cuts. Until they do this is all theater anyways.

Last edited by KFWA; 11/12/12.

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Originally Posted by KFWA
Repubs need to get serious about spending cuts.


That's the premise of my post.

That's one of the reasons I was willing to support Romney.

He didn't need the Presidency, but he wanted it. And he was a businessman - not some puppet.

The government better get serious, both sides, about trimming their system, not finding more ways to sustain it.

And good people will get hurt. Hell they are already hurt. I'm hurting, friends are hurting, family is hurting.

But those hard choices need to be for everyone - not just the people, and as of yet, the government hasn't proved they are willing as a unit to make a sacrifice - unless its us on an alter.

Forgive the Old Testament innuendo.

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Some of us have already went through the 'starved out' process with the construction bust... tighten your belt, pull on the boot straps, make yourself valuable in the market again. A lesson more will experience in the future.

My empathy equity for 'lifers' in the subsidy community has been depleted.

Kent

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Originally Posted by krp
Some of us have already went through the 'starved out' process with the construction bust...


It's the perfect storm for surveyors.

Nobody buying, building, or selling.

And any of those shovel ready goobermint jobs, well, lets just say that a straight white male with no minority preference points has little chance on those.

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