Da Cliff

About: geithner: ready to go over 'cliff' if taxes don't rise

We always seem to get "my way or else the highway" from the administration & their Congressional lackeys & the M$M meme spreaders.   Why doesn't he talk to Small Business instead of those in Big Business who depend on government contracts?
Basic transparency is lacking!


Presidential supporter propaganda looks like this: (see the whole Piss-pour Youtube here)
CTU propaganda link is here.
...
I frankly never had penis envy of the rich as bad as Obama supporters & the liberal left have today.  BO (before Obama) I always thought anyone could become rich by hard work, ingenuity & maybe some luck.  Now LOL is all that's left.

Funny thing is Asner, Obama & the Hollywood crowd are all rich themselves making themselves the pissers of whom the phrase "It takes one to know one" are prime examples.

Tags

  1. fiscal cliff

Comments


Mark de LA says
http://www.washingtonpost.com/business/federal-reserve-wraps-up-2012-still-facing-high-unemployment-and-sub-par-economic-growth/2012/12/12/cea83aee-4419-11e2-8c8f-fbebf7ccab4e_print.html
source: ...

WASHINGTON — The Federal Reserve said Wednesday that it plans to keep interest rates ultra-low even after unemployment falls close to a normal level — which it thinks could take three more years.

...

As long as expected inflation remains tame, the Fed said it could keep its key short-term rate near zero even after unemployment falls below 6.5 percent. Unemployment is now 7.7 percent.

For the first time, the Fed is making clear to investors and consumers that it will link its actions to specific economic markers. Previously the Fed had said only that it expects to keep the rate low until at least mid-2015.

Analysts said the Fed’s new guidance will make it easier for companies, investors and consumers to make financial decisions because they will have a clearer grasp of when borrowing costs will begin to rise.

“This approach is superior” to setting a timetable for a possible rate increase, Chairman Ben Bernanke said at a news conference after the Fed held a two-day policy meeting and issued a statement. “It is more transparent and will allow the markets to respond quickly and promptly to changes” in the Fed’s economic outlook.

... buying up its own debt.  How is unemployment likely to fall unless government then hires people with it's inflated money?