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Published Thursday, Dec. 27, 2012 | 8:30 a.m.
Updated Thursday, Dec. 27, 2012 | 12:46 p.m.
WASHINGTON — A last-gasp effort Thursday to avoid automatic tax increases and spending cuts got off on the same convulsive, partisan tone that marked congressional attempts to resolve the impasse before lawmakers headed home for Christmas. With a Dec. 31 deadline for an agreement to avert the so-called "fiscal cliff" rapidly approaching, leaders in each party demanded the other side take the initiative. The new flare-up happened despite a round of calls President Barack Obama made to congressional leaders by phone Wednesday night from Hawaii before he boarded Air Force One to head home from vacation. In a potential sign ...
Did anyone really expect any other outcome from Comedy Central?
Never has so few screwed things up for so many.
Get out the parachutes because come Monday here we goooooooooo!!!!!!!!!!!!!!!!!!!
And the DOW is falling!
This is just plain sad.
The Republicans have lost the PR war and Obama has lost the reality war.
Nice to see that their own personal interests (big donors) trump those of the people of the US.
Ah well, we survived the Mayan apocalypse..... How much worse can this be??
This isn't really getting the news coverage it deserves in the press at large. I fear that our country men are more interested in facebook than the future.
it's not worth it- the Democrats shouldn't have to give away the New Deal. W's tax cuts were a trojan horse which defunded the government. The only real solutions are liberal ones.
The Republican Party is self destructing by a small number of radicals and
the timidity of the rest. This is as irresponsible as one can be.
No! No! No Compromise! Just say NO! All of you, even you liberals, know the economy is doing terrible! If we want America to get better we must cut taxes and cut spending! We TeaPublicans said NO to that guy obama his first four years of office and we WILL say NO his second four years! Just remember our TeaPublican battle cry "Just Say NO!". Every Republican legislator has been informed that if they compromise at all that TeaPublicans, along with the support of FoxNews, Rush Limbaugh, Koch Brothers and all AM Radio talk shows, will make sure those that compromise"any IMPURE Republicans, WILL get defeated in the next primary election! By working together, we have frightened Republicans into doing the RIGHT thing! We will not put up with treason! WE control the Republican Party! Republican legislators like they jobs and want to keep them. They don't want to look back and regret the day they cast a vote that ended their political careers! We TeaPublicans WILL take back America in 2014 and 2016".THEN you WILL see America move forward! Merry Christmas obama, hope you enjoyed your lump of coal! Bahahahaha!
"We TeaPublicans said NO to that guy Obama his first four years of office and we WILL say NO his second four years! Just remember our TeaPublican battle cry 'Just Say NO!'. Every Republican legislator has been informed that if they compromise at all that TeaPublicans, along with the support of FoxNews, Rush Limbaugh, Koch Brothers and all AM Radio talk shows, will make sure those that compromise any IMPURE Republicans, WILL get defeated in the next primary election!"
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Obama doesn t have to worry about getting re-elected, but Republicans in the House and Senate do, a reality based Republican could see that, but..
Bring on the cliff, i wanna see Tea fearin Republican politicians fall on their swords for the uber rich.
@TeaPublicanPatriot. Wow. What the heck is in your cup of hot chocolate?
Anyway, GOP - Grand Ostrich Party.
Jump Harry, jump.
Jump off the cliff
Atta boy, Harry
Good Doggie
Going over this so-called cliff will cut spending and raise income. Isn't that exactly what we all say we want? Isn't that what the morons in DC say they want?
Realistically, we have zero hope of ever being great again. We've gone from a nation of hard workers with a great work ethic and a huge sense of right and wrong to one of useless, lazy bums who have zero work ethic and a mentality of government handouts for everything. There is a big difference between helping out those in trouble for a short time and simply supporting people for years or even decades. Sadly, liberals cannot see the difference and they believe that we CAN keep spending a trillion dollars more than we take in every year. Their absurd answer is tax the rich. This of course would run the government for about a week. I realize that us affluent folks (top 10%) already pay 75% of the total federal taxes, but I guess that's not enough for the flamers on the left. Gosh, perhaps I should pay 99% of my income so you can sit on your rear end and watch TV all day.
If the takers represented 10-15% of the population, we could handle it. Since we support about half the entire population with hundreds of social PC programs, it is unsustainable. We will go down the toilet within a few years and those on the public dole will start getting zero. Then the doo-doo will hit the fan.
There is no cliff. "Cliff" implies non reversible. Once you jump, you jump. Truth be told they could very well and likely will get a deal a few days after. Big deal. There is no cliff to speak of as its all reversible with zero damage a few days later. The news loves a good ratings story.
I am having trouble trying to figure out if teapublican is being serious or if it is a dem posting as a teaperson trying to make conservatives look bad. Really that is how ignorant you sound.
As for me, I guess it is time to pull the stocks and mutual funds and go money market until the storm blows over. What a pain both sides are causing.
"As for me, I guess it is time to pull the stocks and mutual funds and go money market until the storm blows over. What a pain both sides are causing."
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well, if you did that earlier today you missed a very nice surge in stocks in the final 2 hours. I thought the markets would get hit a lot harder (and maybe they will) but they seem to be holding up pretty good thru the month. Again, this "cliff" talk is nonsense. "Cliff" implies that once you go over you crash and burn. That is simply not the case as the politicians can reconvene on Jan. 2nd and hammer out a deal (which is likely what will happen). The word "cliff" is used for dramatic effect, nothing else. It has no meaning because everything is reversible. If this was truly a cliff you wouldn't be able to do that...a day later.
"Their absurd answer is tax the rich. This of course would run the government for about a week."
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Actually is would cover at least 85-90% of the yearly cost of Veterans health care, and since the uber rich never serve, this will be how the uber rich can actually support the troops.
"If this was truly a cliff you wouldn't be able to do that...a day later."
I beg to differ ... as Nancy Pelosi said "But we have to pass the bill so that you can find out what's in it"
That is typical Democrat philosophy on how to run the government.
We need leaders that can prevent this disaster, not attempt to put out fires or "hammer" out a patch after the fact!
So much for moving forward, Ehh?
There's no disaster. You'll wait an extra day or 2 for an agreement. Where Nancy Pelosi fits in is beyond me. This is a Boehner and Teapublican issue. They can't even agree among their own party on what to put forward. Put something is writing, pass it and send it up to Obama. If he says no, then do the press conference thing and say "we did our best". What Boehner is doing is dumb and he will get blamed. PUT a plan in writing and submit it!! Right now Boehner has submitted nothing. It's all talk right now. The republicans will get beat up...again. They have got to put it in writing and pass it themselves. What happens after that is meaningless. They did their best.
Markey its still only about a weeks worth of spending no matter where you apply the dollars.