Uh-huh. You have inside information, and you're posting it here? How kind of you.
Actually, your info is a bit off. It's true that the president is going to call a press conference at 5:45, but what he's going to announce is that Boehner and Reid both walked out on the negotiations in frustration, and Boehner cancelled the Sunday session.
At least I *admit* that I'm pulling my info out of my #$%$...
Obama wants higher taxes! He wants to go off the cliff, after that he will get the middle class extension but the rich are going to have to pay. I hate to say it but he is right. All these cuts for the wealthy have done nothing but ruin this country and create huge deficits.
The market will get over it, they won't burn their own house down again over this nonsense. It's just another excuse to rape the markets, just like the European debt crisis. Always some fear or crisis that is self created or even invented. So what will we have to worry about next? Greece again?