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Intel Corporation Message Board

  • gregory.lynn Dec 30, 2012 5:04 PM Flag

    Hey cliff divers hope you didn't go all in in your short positions

    WASHINGTON — Negotiations over a last-ditch agreement to head off large tax increases and sweeping spending cuts in the new year appeared to resume Sunday afternoon after Republican senators withdrew their demand that a deal must include a new way of calculating inflation that would lower payments to beneficiaries programs like Social Security and slow their growth.

    Senate Republicans emerged from a closed-door meeting to say they agreed with Democrats that the request — which had temporarily brought talks to a standstill — was not appropriate for a quick deal to avert the tax increases and spending cuts starting Jan. 1.

    Source NY Times -- eat it shorts!

    Sentiment: Strong Buy

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