Keyword: cliff

Brevity: Headers | « Text »
  • What Does Let It Burn Mean?

    12/11/2012 5:13:21 AM PST · by BO Stinkss · 51 replies
    HotAir.com ^ | 12/10/2012 | Drew M.
    As one of the first, if not the first, people to say Let It Burn, I’m clearly thrilled with the growing chorus of voices joining the movement. Like any movement, there are true believers and Let It Burn In Name Only (LIBINO) types. Since it’s never too early to purge a movement of its impure elements, let us lay out some key principles of Let It Burn. 1- America isn’t a conservative country anymore and hasn’t been for a while. Yes, you can point to lots of surveys that show people identify themselves as conservatives and they even say government...
  • Fiscal Cliff: What Isn't Said Tells More Than Actual Words

    12/08/2012 9:56:14 AM PST · by Son House · 5 replies
    CNN ^ | December 7, 2012 | Tom Cohen
    In an interview with Bloomberg TV this week, Obama also hinted at a possible long-range solution, saying lower tax rates for the wealthy could be negotiated as part of broader tax reform in 2013, but only after those rates increase now.
  • President Obama set for Hawaii vacation estimated to cost taxpayers $4-million

    12/05/2012 4:40:02 PM PST · by jimbo123 · 20 replies
    WNWO ^ | 12/5/12 | Norm Van Ness
    Few would begrudge the President of the United States some well-earned down time. But with the "Fiscal Cliff" looming in coming weeks...and millions of Americans struggling to make ends meet...the Obama's choice of location and the expense of being there is causing many to shake their heads.
  • Unemployment and Labor Force Participation Drop Before the Fiscal Cliff

    12/07/2012 7:16:31 AM PST · by whitedog57 · 4 replies
    Confounded Interest ^ | 12/07/2012 | Anthony B. Sanders
    The good news out today is that the unemployment rate dropped from 7.9% to 7.7% for November and underemployment dropped from 14.6%? to 14.4% for November. Why the decline? First, nonfarm payrolls increased by 146,000 compared to expectations of 85,000. Private payrolls rose 147,000 compared to expectations of 90,000. Second, labor force participation dropped to 63.6% from 63.8%. So, as more people drop out of the labor force AND labor force survivor employment rises, we get a drop in the unemployment rate. But before you get too excited, there are still over 12 million unemployed in the USA. This compares...
  • The Fiscal Responsibility Cliff

    12/06/2012 11:52:42 PM PST · by NaturalBornConservative · 4 replies
    Natural Born Conservative ^ | December 5, 2012 | Larry Walker Jr
    Talk About Crazy Bastards...- By: Larry Walker, II -Hiking tax rates now, in advance of the pending 2013 Medicare Tax Increase from 2.9% to 3.8% on those making $200K ($250K if married), the new 3.8% Medicare Tax on Investment Income including capital gains, the 2014 health insurance tax on individuals of $695 to $2,085 (plus inflation) depending on family size, and the 2014 shared responsibility penalty of $2,000 per employee on companies with 50 or more part-time employees (working 30 hours or more), probably isn’t wise. Legislator's must pare any further tax increases with the hikes already baked in the...
  • Don't let Obama own it!(vanity)

    12/06/2012 4:01:16 PM PST · by impimp · 24 replies
    6 December 2012 | impimp
    Some conservatives are saying that Republicans should let Obama own the economy. Essentially give him what he wants with regard to tax hike, spending, etc. so that Republicans could not be labelled obstructionist. This is garbage! This strategy will mean that Obama will be able to put more in his Santa sack to give to his constituents. More will become dependents and more will love Obama. The Republicans should not "give" Obama anything. They need to fight for lower tax rates and reduced spending. If it means we go over the cliff so be it. The House must be ruled...
  • U.S. Can't Avoid The Entitlement Cliff By Raising Taxes

    12/06/2012 6:23:07 AM PST · by jimt · 38 replies
    Investor's Business Daily ^ | 12/5/12 | Staff
    A new government report finds that the country is heading toward fiscal ruin, and the only way to avoid that is to make deep cuts in entitlement programs; tax hikes can't fix the problem. In other words, what's needed is the opposite of what the Obama administration and congressional Democrats propose as part of the fiscal cliff talks. The Government Accountability Office report found that, even using optimistic assumptions about spending, the government is "on an unsustainable long-term fiscal path" that will lead to debt exceeding the economy within a few decades. The report puts the blame squarely on entitlement...
  • If Clinton's Economy Is The Model, We Should Just Go Off The No-Bush-Tax-Cut Cliff (Vanity)

    12/05/2012 8:40:35 PM PST · by ExxonPatrolUs · 8 replies
    Now | Me
    And we should end the wars now too! Wait a minute ... isn't that what Obama campaigned for in 2008? Why hasn't it happened yet? He can do anything with executive privilege, right. I mean, congress is not acting. They have not presented a budget to Obama that he would accept for 3 years now. That do nothing congress. They have bad ideas, like implementing the deficit reduction plans proposed by the appointed Obama deficit commission. Poor Obama ... this feuding is just going to ruin his Christmas vacation plans.
  • WH 'Absolutely' Willing To Go Off 'Fiscal Cliff'

    12/05/2012 4:14:50 PM PST · by ExxonPatrolUs · 14 replies
    ABC ^ | Dec. 5, 2012 | DEVIN DWYER (@devindwyer) , MARY BRUCE (@marykbruce) , JOHN PARKINSON (@jparkABC) and SUNLEN MILLER
    US President Barack Obama speaks on the fiscal cliff negotiations and business relations during the Washington Business Roundtable in Washington. President Obama's lead negotiator in the "fiscal cliff" talks said the administration is "absolutely" willing to allow the package of deep automatic spending cuts and across-the-board tax hikes to take effect Jan. 1, unless Republicans drop their opposition to higher income tax rates on the wealthy. Treasury Secretary Timothy Geithner said in an interview with CNBC that both sides are "making a little bit of progress" toward a deal to avert the "cliff" but remain stuck on Obama's desired rate...
  • Wall Street manipulates deficit angst with fiscal cliff fear

    12/04/2012 8:27:27 AM PST · by ExxonPatrolUs · 1 replies
    GuardianNews.com ^ | Monday 3 December 2012 13.49 EST | Dean Baker
    If no deal is reached this year, then on 1 January, daily tax withholdings will rise by an average of about $4 per person. Any money actually deducted from pay checks will be refunded if a deal is subsequently reached that returns tax rates to 2012 levels. Government spending probably won't change at the start of the new year, since President Obama has considerable discretion over the flow of spending. No one can think that this modest increase in tax withholdings would plunge the economy into a recession, but the Wall Street types seeking to dismantle social security and Medicare...
  • The ObamaCare fiscal cliff (‘You Want To Go Forward, You Put It In D.’)

    12/01/2012 5:36:20 AM PST · by Libloather · 11 replies
    Human Events ^ | 11/30/12 | John Hayward
    The ObamaCare fiscal cliffBy: John Hayward 11/30/2012 02:34 PM While we’re busy listening to President Obama demand a $1.6 trillion tax increase on some people as the price for disarming part of a $1.2 trillion tax bomb aimed at other people, let’s not forget that he’s already detonated a $1.058 trillion tax warhead on all of us: ObamaCare. As the House Ways and Means Committee noted last summer, in the wake of the Supreme Court decision upholding ObamaCare, it contains 21 distinct tax increases, “a dozen of which target Americans earning less than $200,000 per year for singles or $250,000...
  • Stop the Media from Lying About the Fiscal Cliff

    11/30/2012 8:47:24 PM PST · by annajones · 28 replies
    opinion | 11/30/2012 | annajones
    Stop the MSM from Pressuring Congress!!! We should not sit back and let the Main Stream Media continue "campaigning" for Obama!!! The lies: We want to give tax breaks to the 98% of Americans. Obama has a mandate to raise taxes on the wealthy. We can make a difference. History shows they had to back down some when we apply pressure via blogs and notifying conservative news outlets and hosts otherwise they look like fools or continue to appear even more untrustworthy which we know they are. We can't have the kind of news outlets that dictatorship countries have.
  • Stop the Media from Lying About the Fiscal Cliff

    11/30/2012 8:47:20 PM PST · by annajones · 6 replies
    opinion | 11/30/2012 | annajones
    Stop the MSM from Pressuring Congress!!! We should not sit back and let the Main Stream Media continue "campaigning" for Obama!!! The lies: We want to give tax breaks to the 98% of Americans. Obama has a mandate to raise taxes on the wealthy. We can make a difference. History shows they had to back down some when we apply pressure via blogs and notifying conservative news outlets and hosts otherwise they look like fools or continue to appear even more untrustworthy which we know they are. We can't have the kind of news outlets that dictatorship countries have.
  • Obama's opening "fiscal cliff" bid seeks debt limit hike, stimulus

    11/30/2012 1:35:04 AM PST · by GVnana · 13 replies
    Reuters ^ | 11/29/2012
    (Reuters) - The Obama administration's opening bid on Thursday in negotiations to avert a year-end fiscal crunch included a demand for new stimulus spending and authority to unilaterally raise the U.S. borrowing ceiling, a Republican congressional aide said. The proposal, made by Treasury Secretary Timothy Geithner to congressional Republican leaders on Capitol Hill, was seen as offering little the Republicans could agree to and was greeted with laughter, the aide said. "We can't move any closer to them because they're not even on our planet," the aide said. "It was not a serious proposal."-snip-In the maiden bargaining session, Geithner, the...
  • CMBS Still Dominated by Government Agency Deals After Commercial Real Estate Bubble Burst

    11/30/2012 9:05:56 AM PST · by whitedog57 · 2 replies
    Confounded Interest ^ | 11/30/2012 | Anthony B. Sanders
    I was on Fox News with Tom Sullivan yesterday to discuss the housing “recovery.” Rick Sharga (formerly of RealtyTrac and now Carrington Mortgage Holdings) was the guest before me and said that we are witnessing the sustainable recovery of the housing market. I simply pointed out that the “recovery” thus far is dominated by hedge funds, corporations, cash transactions and foreign investors and not the traditional family purchase of housing. So, it may be a recovery, but not your father’s Oldsmobile (so to speak). And don’t forget the fiscal cliff and the large volume of foreclosed properties about to hit...
  • Top Five Reasons Republicans Should Take Us Over the Fiscal Cliff

    11/30/2012 12:50:56 AM PST · by GVnana · 37 replies
    BigGovernment.com ^ | 11/29/2012 | John Nolte
    As the clock ticks and we watch the various players move their pieces into place, it's becoming increasingly obvious that Republicans are in a no-win situation. They’re ether going to have to cave and agree to a tax increase without meaningful spending cuts or take the blame for going over the fiscal cliff. Here are five reasons why going over the cliff is by far the best option. 1. It's a Trap! Though House Speaker John Boehner foolishly helped to manufacture this trap by making tax increases the primary issue in the fiscal cliff negotiations, there's still time to extricate...
  • Sen. Franken to Senate Leadership: "Fiscal Cliff" Deal Needs to Include Comprehensive Farm Bill

    11/30/2012 8:24:56 AM PST · by TurboZamboni · 29 replies
    Political News ^ | 11-30-12 | PN
    In an effort to help farmers across Minnesota who are facing uncertainty because a new Farm Bill hasn't been passed by the House of Representatives, U.S. Sen. Al Franken (D-Minn.) urged Senate leadership to include the bipartisan, Senate-passed Farm Bill in any deal brokered to address the nation's fiscal challenges. "Minnesota's farmers, livestock producers, and rural entrepreneurs support one in five jobs in our state, and they need a new Farm Bill so they can plan for next year," said Sen. Franken. "The Senate has passed a comprehensive Farm Bill that will give our farmers the stability they need, but...
  • What Obama Really Wants

    11/30/2012 5:57:46 AM PST · by Thad Lost · 25 replies
    Tea Party Nation ^ | 11/30/12 | Judson Phillips
    Reports are pouring out of Washington about the Fiscal Cliff negotiations. A lot of people observing the negotiations are outraged by what is going on. Instead of being outraged, and there is plenty of time for outrage; we should take a look at what is going on. If you analyze the negotiations, it tells you a lot about what is going on in Washington and what may happen. What is going on inside these negotiations?
  • Debt Limit: The Other Fiscal Cliff

    11/29/2012 10:23:13 PM PST · by ExxonPatrolUs · 6 replies
    Politico ^ | 11/27/12 4:33 AM EST | By CARRIE BUDOFF BROWN and JAKE SHERMAN
    [Nothing raises the ire of Republicans in Congress like the specter of Obama taking matters into his own hands. If the White House goes that route and raises the debt ceiling by executive order, Boehner and his leadership team would likely take immediate legal action to halt the debt ceiling increase, sources familiar with his thinking said.] -Snip- President Barack Obama made a demand of House Speaker John Boehner near the end of their first White House meeting on the fiscal cliff: Raise the debt limit before year’s end. Boehner responded: “There is a price for everything.” And with that...
  • Gingrich to GOP: Stop negotiating on fiscal cliff

    11/29/2012 10:18:16 PM PST · by sheikdetailfeather · 16 replies
    On The Record ^ | November 29, 2012 | Greta VanSusteren
    Former presidential candidate thinks Republicans are giving Pres. Obama, Democrats leverage, that the fiscal cliff is like a 'fantasy'