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by Phoenix Capital Research Given that we’re a mere days away from the US going over the fiscal cliff this is worth a reprint.
I’m going to lay out everything you need to know about the fiscal cliff negotiations. After reading this, you can ignore all of the media’s coverage of this topic as well as various politicians’ announcements pertaining to this subject.
All you need to know consists of just one sentence.
Politicians [...] by Phoenix Capital Research
I’m going to lay out everything you need to know about the fiscal cliff negotiations. After reading this, you can ignore all of the media’s coverage of this topic as well as various politicians’ announcements pertaining to this subject. All you need to know consists of just one sentence. Politicians are in charge of this issue. These are the same folks who haven’t even produced a budget in four years. [...] Rob Natelson In a recent posting, I wrote: [I]t is dubious whether the Constitution even gives Congress power to regulate the source and amount of campaign contributions and expenditures. The background and meaning of the Constitution’s “Time, Places and Manner Clause”—which Congress uses to justify such laws—strongly suggests not. The Time, Places and Manner Clause is Article I, Section 4, Clause 1. It reads as follows: The Times, Places and Manner of holding [...] BREAKING: Ron Paul to end active campaigning (CNN) - An announcement from Rep. Ron Paul indicates that the Republican presidential candidate will no longer actively campaign for the GOP nomination, but will continue to work to secure delegates at upcoming Republican state conventions. “Moving forward, however, we will no longer spend resources campaigning in primaries in states that have not yet voted,” said Paul, in a statement released Monday afternoon. “Doing so with [...] Obama and the Democrats did pass the Wall Street Reform Bill, which is by no means a perfect piece of legislation, but is at least a step in the right direction. Now let’s pause to think about the amount of politicians in each party who supported amendments to the legislation that would have improved it but were eventually shot down. In most of these cases, Democratic sponsored amendments would have [...] North Carolina Governor Bev Perdue, left, listens to Sondna Ipock-Riggs about the damage Hurricane Irene left behind, Sunday, Aug. 28, 2011 in Trenton, N.C. North Carolina Gov. Beverly Perdue said that Irene inflicted significant damage along her state’s coast, but that the full extent was unclear because some areas were unreachable because of high water or downed power lines. (AP [...] (Reuters) – President Barack Obama faces deep skepticism from swing voters who see the Republican party as more in tune with their concerns about government spending, according to a poll released on Tuesday. These undecided voters, who could determine whether Obama wins re-election next year, believe Republicans are more serious about reducing budget deficits and more aligned with them ideologically, according to the centrist Democratic [...] WASHINGTON — President Barack Obama urged Congress on Friday to act swiftly to raise the U.S. borrowing limit because he said uncertainty over the debt ceiling has hindered hiring in the private sector. In remarks at the White House after an unexpectedly weak jobs report, the president linked two of the most high-profile issues facing his presidency, the weak economy and a massive budget deal, as [...] (Reuters) – Vice President Joe Biden predicted on Friday the U.S. economy would create 100,000 to 200,000 jobs next month, with a rise to 250,000 to 500,000 jobs per month soon afterward, according to a press pool report. “We caught a lot of bad breaks on the way down. We’re going to catch a few good breaks because of good planning on the way up,” Biden told a political fundraiser in [...] “Mr. Obama has told people that it would be so much easier to be the president of China. As one official put it, ‘No one is scrutinizing Hu Jintao’s words in Tahrir Square.’†“Obama Seeks a Course of Pragmatism in the Middle East,†The New York Times, March 11, 2011. How Mr. Obama manages to do that while also balancing American interests is a question that officials acknowledge will [...] (Reuters) – The battle over federal spending cuts will reach the Senate floor next week for votes, with Republicans and President Barack Obama’s Democrats far apart on a deal needed to avert a government shutdown, congressional aides said on Friday. Republicans, who made big gains in the November 2 congressional elections, have proposed steep cuts to the federal government’s budget to narrow its gaping [...] The Republican Party’s triumph in the 2010 congressional elections, coupled with the rapid depletion of the earth’s natural resources, signaled the impending collapse of human civilization, according to a world-renowned scholar known for his left-wing politics. “You could almost interpret [the election] as a kind of a death knell for the species,” Noam Chomsky, professor emeritus of linguistics at the [...] Via Pension Pulse. A generation ago, when Ronald Reagan was president, the accounting rule makers forced American companies to come clean on the cost of the pension plans they were promising to employees. That decision, perhaps more than any other, heralded the eventual demise of defined-benefit pensions for employees of American companies. Now something very similar may be in store for public [...] by BettyBoop **Watch the video at the end of this post, to see Press TV talking about this** “Right now, there is discussion in Washington and within the government of using the 25th amendment to the US Constitution to remove Obama from office,” Edward Spannaus from Executive Intelligence Review said in an interview with Press TV on Friday. The amendment allows for removing the president if he/she has incapacity either physically or mentally. “In [...] MORE GROSSLY WASTEFUL DEFICIT SPENDING SOUGHT BY OBAMA “Obama to Ask Congress to Pass $100 Billion Research Tax Credit” “President Barack Obama, focusing on ways to spur economic growth with less than two months to the congressional elections, will urge Congress to permanently extend and expand a…” http://www.bloomberg.com/news/2010-09-06/obama-to-propose-100-billion-permanent-extension-of-research-tax-credit.html Can we put up with this kind of garbage for another two years? NO WE CAN’T Throw the drunken sailor Democrat economy wreckers [...] Pessimism over the economy is rising and the grim mood could hurt both parties in the November 2 congressional elections, according to an NBC News/Wall Street Journal poll released on Wednesday. Almost two-thirds of Americans believe the economy will worsen before it gets better, up from 53 percent who felt that way in January, the poll found. Nearly six in 10 of those surveyed said the country is headed in the wrong [...] |
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