They put thier hate aside for now, and as O'Bama said,"The U.S. CAN NOT keep on being a dictator to of the World"! I posted long ago, the military is financially killing this country,like the Roman Empire again,with those senile old fools like McCormick. Instead of making weaponry, rebuild the infrastructure here that is falling apart. Pardon me for the analogy, Rome was a recent assingment with my daughter, but it is an exact similarity like now, Some people who don't know what to do with money, and people trying to stay alive in this country. The worst time in my 60 yrs.!
Just need to make it clear for the mouth breathers: the President did not change his position. The GOP in Congress has changed its position, and because of that the markets are no longer tanking. The GOP was the cause of the problem. Always has been. Sophistry in the pursuit of selfishness is no virtue.
That is ridiculous. The cliff can be avoided if either party changed its position and the same thing would have happened. Is that too complex to comprehend? How you guys draw these partisan conclusions that you do are beyond belief. It's as if your brain is wired to automatically make these associations even if they don't exist in reality. Sometimes I feel like I am watching a comedy where what people say is meant to be funny but then I in reality they are made in earnest.
And besides, the market has not rebound. The market is still expecting 4th quarter earnings to be dismal.
I highly recommend that you bet on your convictions and go long the market. You can make tons of money while I will lose money. Go for it and see where it gets you.
I agree that GOP is the problem, but I'm not so sure that they changed their position. Boehner sounded more reasonable yesterday, but only his tone was different ... he said the same things re policy. Repubs want a tax rate cut combined with reduction of deductions/credits. If the Prez can increase revenues that way, they will consider it. Isn't that what they said before? And this whole problem is over an additional 4% above $250,000 of net income. Who is putting their own extravagant welfare above the good of the country?
finland neither party wants to be responsible for going over that cliff, neither was ever going to let that happen. We have the most sophisticated and well equipped military in the world and that is why we must keep it that way because we aren't really loved by many other countries except Canada and I'm not so sure of them sometimes.
The Repubs think that giving well-off and rich people tax cuts will improve the economy. Well, isn't that exactly what we have done for 10 years with the Bush cuts? Where's the booming economy that should have resulted? The proof is in the pudding, and the Repubs have no pudding, just #$%$.
Having said that, I want to see spending cuts. I would like to see an honest evaluation of the Mass. health care system [the "Romney" plan] since it is so close to ObamaCare. I want military cuts. We spend more on the military than the next 10 countries combined. All we do with a big military is start wars. We have been in almost a continuous state of war since WWII, and which of them have been well justified and fruitful. We start these wars, and we need to stop. We have not been attacked by another country since WWII, but we start wars anyway.