OMG! It's the Fiscal Cliff!

[Ibby]

NBC is reporting right this minute that Biden is ON capitol hill, and a deal has been reached in the senate. They might get this shit done tomorrow.

[tw]

Originally Posted by Ibby

NBC is reporting right this minute that Biden is ON capitol hill, and a deal has been reached in the senate.

Most forget that the fiscal cliff and a resulting resolution were defined long ago by a different name:
http://www.youtube.com/watch?feature...&v=U-A9c6VNeRQ

[Ibby]

BREAKING NEWS: GOP No. 2 Cantor doesn't back Senate fiscal deal, House Republicans say

Hm. this might not get sorted out today after all. All the whips must be just completely worn out from all the politician-wrangling. 's like herding cats.

[Ibby]

it's over now. at least, for two more months.
I'm not overjoyed at the deal, but it's something at least.

[asidebet]

That gang of drama queens who are attempting to pass as members of a responsible legislature doesn't fool me. You can't outfox a fox and I'm staying right where I am. Going off that damned cliff once was enough trouble without having to come back out here again for Valentine's Day and having to do it all over again. You have no idea how hard it was to coax Wyn to jump off after me, him with his short little legs. And never mind the damn mountain lion scare.

Nothing has been done about the sequester other than to extend unemployment benefits and nothing has been done about the debt ceiling - just more histrionics and shoving the problem a couple of months down the road. Watching Grover Norquist posturing on CNN is worse than watching old made for TV Santa Claus movies. Yeah, Scrooge is real and Santa isn't. We know that already.

I just got a cool assignment monitoring the Colorado State Legislature for its own outrageous behavior. And I can even do this from the comfort of my new home on the banks of the Colorado River. Colorado apparently has its own version of C-Span which I can connect with via my laptop. The laptop can be recharged via my truck battery or an outlet at the Visitor's Center located just a few miles upstream from here.

I'll be doing volunteer work for the Colorado Cross Disability Coalition which does outstanding stuff on behalf of Colorado's disabled folks. Hah! The Colorado Legislature won't know what hit them. That's what happens when a gal is pushed over the edge.






Sent by a note in a bottle

[glatt]

When you factor in the expiration of the payroll tax holiday and the increase from 4.3% back to 6.2% we're pretty much all going to take a hit.

Here's a chart. Not a very good one, because those bars at the top are broken, but it still gives some information. And if you have been listening to the politicians say that only those with income over $450K will be hit, you may be a little surprised by it.

[classicman]

This "deal" is a piece of shit. If you haven't figured that out yet, then you either don't care or are too partisan to understand. glatt has posted a part of it, but that is not the whole story.

[Spexxvet]

Fourth quarter 2012 economic slow down is attributed to cuts in defense spending.

http://www.forbes.com/sites/abrambro...-gdp-down-0-1/

[tw]

Originally Posted by Spexxvet

Fourth quarter 2012 economic slow down is attributed to cuts in defense spending.

Forbes only cites that as only one reason for the downturn. Others have listed many other reasons. The most obvious was uncertainty intentionally created by extremist who said they want the economy to fail. And who are intentionally creating gridlock at every oppurtunity so that Obama will fail.

Despite those extremists, the economy is recovering. And government debt is being reduced for record levels created by wacko extremsits and George Jr in 2007.

We could easily advance America by eliminating what obviously makes America less productive. The paper dollar bill is a perfect example. We waste $1 billion annually making that rediculous paper (that was once called a dime). No other major economy uses a denomination that tiny. Canada eliminated their paper dollar over 20 years ago. Britian uses a coin worth about $3.25. 5 Euros (about $3.70) is a coin. But America would spend $1 billion because extremists hate change; want to make America fail.

It demonstrates why they promoted so much fear last quarter to create economic downturn and malaise.

Why does America have no plans to make America more productive? We have wacko extremists who will do anything to make America less productive and less prosperous. So that they can be reelected. That is a major reason for a last quarter downturn. Their extremist obstruction is also cited by WalMart for seriously reduced sales in February.

These people are so extremist that we cannot even get rid of paper $1 and $5 bills. So extremist that we still waste money making pennies ($0.01).

[xoxoxoBruce]

Who the fuck wants to carry around dozens of $1 and $5 coins?

[tw]

Originally Posted by xoxoxoBruce

Who the fuck wants to carry around dozens of $1 and $5 coins?

It was never a problem when quarters dimes, quarters, and half dollars were used then as $1 and $5. Also not a problem everywhere in the world where coins have replaced stupid paper money to save money, increase jobs, and make monetary transactions easier.

[ZenGum]

Sounds like change for the sake of change to me.

We have 5, 10, 20, 50 cent and 1 and 2 dollar coins. I haven't noticed myself walking in circles through being weighed down on one side by my wallet full of coins.

[Griff]

Don't worry so much, inflation will turn those dollars into pennies. Leave them on the ground or in the tray.