Raising taxes will not tame the deficit. Even if it did bring in a piddling bit more in “revenue,” Obama and the socialist democrats would not only continue spending, but they’ll bump it up to new records. We’re already spending over 100% of GDP every year. Confiscate ALL of the wealth and the socialist government would still spend us over the cliff!!
Nonsense. Stocks increased losses after his speech.
Pravda would be proud.
13,245.68 11/06/12
12,656.12 now
Some rally...
The market is near lows for the day too.
That would be news to the markets I’m watching.
13,245.68 11/06/12
12,643.88 now
That’s down 601.80 in a week.
Some rally...
The market is near lows for the day too.
Wow...The Dow was green before he started talking. Now it is down over 100 points. Are the American people really that stupid that they can’t see the mainstream media lying so blatantly.
Well for those of us who missed the opportunity to be laid off in the fall of ‘08, we’ll be getting another chance soon. Just like FDR, unemployment should begin going back up again with the next term of the new savior.
The only explanation -
Economics is racist...
not to worry , our side yet again talks about reaching out, giving in and being cowards instead of fighting what was a rigged election, ignore Col West .
Our side are nothing but cowards who move on after the election was rigged and we talk about reaching out and giving in to the left.
WILL some people wake the hell up for once in their lives and speak out
“the market”
What “market”?? It’s a Federal Tax Pension and Retirement Fund.
Cuts loses????- the Dow was down 120 points right after he got done spinning his hate the rich panacea press conference......
Cuts losses? Oops...down 188 right now at 12,568
Gold & Silver went up...now I can buy more lead. :) Keep yappin’, Mr. _Resident; you’re makin’ me a wealthy woman!
Just heard on the radio one of Democrat members of Congress say that if the Republicans agree to raise taxes on the wealthy, they will agree to cut spending.
When asked like what kind of spending cuts??? He says: taking away the tax breaks of oil companies. What???? He calls the removal of an oil company tax break a cut in spending. And he was serious.
“The problem with Socialism is that sooner or later you run out of other people’s money”
I would like to thank the muslim marxist and all the people responsible for destroying America.
They allowed me to more than triple my money in one-day on my Nov 17 12 CAT 82.5 puts.
I am very grateful and I plan on using put options over the next year to create an enormous amount of wealth as you pull the plug on America’s life support.
I know that you’ll take most of it, but, it’s better than the alternative of wallowing in misery and poverty.
The stock marxist in action.
Wait what do you mean the Rich people are selling their stocks now to avoid a 10 percent tax increase on their capital gains that starts on 01Jan14. WOW Obama told us that the Rich agreed that they should have their taxes raised certainly they should eat the losses to the government, right?
The rich are rich not stupid. Anyone that has seen significant growth in their market holdings will be selling them off before the deadline, the early ones out are making more than those that hand around till later. I suspect we are looking at about 2K points total loss down in the 10K realm by the end of year.
This is a total lie by Reuters. What are they trying to do? The market started falling and with conviction.
The Pravda News Media in this country is a total joke.