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Teh FISCAL CLIFF


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#1 SZ James

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Posted 31 December 2012 - 01:48 PM

http://www.cnn.com/2...liff/index.html

  • NEW: Negotiatiors "very close" to a deal, GOP source says
  • President Barack Obama plans statement on "fiscal cliff" negotiations
  • Possible deal calls for increase in income, estate taxes
  • The fiscal cliff triggers broad tax increases and an automatic $110 billion in spending cuts



Bonus: http://www.nbcnews.com/business/stocks-climb-rising-optimism-fiscal-cliff-deal-1C7782787

Stocks bounced to trade near session highs in choppy trading Monday as lawmakers in Washington scrambled to strike a last-minute deal to avert the "fiscal cliff."



#2 CatofWar

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Posted 31 December 2012 - 01:49 PM

O speaking live now

#3 SZ James

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Posted 31 December 2012 - 01:56 PM

well then

#4 g5jamz

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Posted 31 December 2012 - 01:57 PM

We're saved...$110 billion in spending reductions!

#5 Panthro

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Posted 31 December 2012 - 02:07 PM

And 600B in revenue

#6 stirs

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Posted 31 December 2012 - 03:45 PM

Don't be fooled. Tax increases immediately and cuts "soon". Right

#7 pstall

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Posted 31 December 2012 - 03:57 PM

I'm trying to figure out what year the US collectively became so gullible.
Once the details come out only the power elite will be happy. And just so we understand Congress falls in the power elite category. Those same people who told you they have a superior health care plan for the comman man. Its just not the same as theirs. Lol lol


#8 venom

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Posted 02 January 2013 - 02:30 PM

This whole fiscal cliff ordeal is pure propaganda.

#9 Cary Kollins

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Posted 02 January 2013 - 02:36 PM

This whole fiscal cliff ordeal is pure propaganda.


How so?

#10 SZ James

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Posted 02 January 2013 - 02:38 PM

How so?


oh god do you realize what you've done

#11 Cary Kollins

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Posted 02 January 2013 - 02:42 PM

LOL, I'm trying to get my mind blown here.

#12 venom

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Posted 02 January 2013 - 03:02 PM

How so?


Because there is $11 million, trillion in gold being held by the Fed and Bank of International Settlements off the books. There is so much money to go around to everyone and everything it's retarded.

#13 g5jamz

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Posted 02 January 2013 - 03:04 PM

You'd think if this was so important...Obama would've signed it before heading to Hawaii.

#14 venom

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Posted 02 January 2013 - 03:10 PM

You'd think if this was so important...Obama would've signed it before heading to Hawaii.


It's really not all that important considering 1) The "fiscal cliff" is made up, and 2) The entire global financial system is about to change anyways.

#15 CCS

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Posted 03 January 2013 - 08:16 PM

My poor 20 year old cousin who lives with his parents was in danger of losing his unemployment over this. Praise God that a deal was made because God knows that people like him need it.


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