1% Have Self-Imposed/Manufactured "FISCAL CLIFF" Expecting Us All To BUY What They Say As $$$ Gospel
Top Story Sen. Patty Murray: If No Revenue from Republicans, Let Tax Cuts Expire, Start Over in 2013
If the Republicans cant see their way to significant additional revenues targeted toward the people who are best off and targeted toward passive income and other things like that, then were better off going over the cliff and readdressing this with a better Congress in January, Rep. Peter DeFazio (D-Ore.) said. And we would have plenty of time to fix it. [Politico]
http://www.politico.com/news/stories/1112/84207.html
by Taylor Marsh on November 26, 2012
THE SO-CALLED fiscal cliff scheme is in the eye of the beholder. Conventional wisdom is being led by the business community, whose lobbying efforts are strong and loud. As a new CNN poll reveals, the full court press Wall Street has waged, seen daily on CNBC, the most watched financial cable network, is making a dent. This isnt the first campaign waged on fear that shows signs of working, even if
its built on pure math myth.
http://politicalticker.blogs.cnn.com/2012/11/26/cnn-poll-two-thirds-say-fiscal-cliff-poses-major-problem/
From the AP.
Wall Streets 1% have self-imposed and manufactured the fiscal-cliff through their own angst, expecting everyone to buy what they say as economic gospel. But if weve learned anything from the financial crash of 08 and the subsequent massive malfeasance exposed its that no one should trust what our Wall Street business community says at face value.
The Wall Street community lost the right to have their word taken as anything but whats good for their bottom line, with it proven theyll do anything to protect themselves while everyone else suffers.
http://www.taylormarsh.com/blog/2012/11/sen-patty-murray-if-no-revenue-from-republicans-let-tax-cuts-expire-start-over-in-2013/