My Blog List

Friday, January 4, 2013

Fiscal Cliff Notes

     How did you survive the fall over the " fiscal cliff? " Was it like going over Niagra Falls or more like falling out of bed? Are you relieved that a deal was struck?

     To wax a little Shakespearean...Friends! Americans! Countrymen! Lend me your eyes! President Obama is an honorable man and so are they all (Congress), honorable men! President Obama said that he would listen to any idea so long as that idea presented a "balanced" approach, with tax rate increases for millionaires and billionaires and extending the Bush tax cuts for the middle class. Would that balance was made of sterner stuff!

     The Senate voted on their version of the Fiscal Cliff bill three minutes after publishing the bill to the Senate members. Senators had three minutes to read and digest 154 pages, assess the merits, form an opinion and then cast an "informed" vote.
     Eighty-nine Senators voted for this pork laden monstrosity. As for the balance approach the President spoke about, there are reportedly $41.00 in taxes for every $1.00 in spending cuts. Balance should be made of sterner stuff!
     The House Republicans caved and passed the Senate bill which the President signed into law.

     The thing that is particularly galling in light of all the talk of not saddling the "Middle Class" with a tax increase and only raising tax rates on the rich, is that 77 percent of American households will see their taxes rise. Imagine my shock to learn that 77 percent of households in America are rich! Balance should be made of sterner stuff!

     Another thing that is galling is that our national leaders have kicked the sequestration cuts-problem-can down the road. In two months they will have to decide whether the automatic spending cuts go into effect in areas of defense, medicaid, medicare, etc.         

     So in two months we get to watch more drama play out in the "Kabuki Theater" that is our Congress over automatic spending cuts! Also, remember the debt limit? That will have to be addressed again too!

     The 113th Session of Congress was sworn in yesterday! I find it hard to be optimistic about the outcome of their efforts! May God help us! 


  1. I knew all along that they would wait till the last minute and then come up with something to kick it down the road AGAIN! They will do the same thing in 2 months, watch it. I am sadden by the fact that we have such cowards leading us. Where are the men who stand for something instead of the men who stand for EVERYTHING?

  2. Thаnk yοu for the goοd wгіtеuр.
    Ιt aсtually wаs once a amusement асcount it.
    Glanсe comрlex to morе brought аgreeable
    fгom уou! Howеѵer, how can wе κeеp іn touch?

    my page :: what is a nootropic
    Here is my web-site - brain health supplements

  3. Definitely imagine that that you said. Your favourite justifіcаtion
    seemed to be at thе web thе easiеst fаctor to remember of.

    I say to you, I definitеly get annoуeԁ while οther folks think about concernѕ that they јust do not κnow abοut.
    You managed to hit the nail upon thе top and alѕo defined out the ωhole thing without having sidе-effects ,
    other pеople could tаke а ѕignal.
    Will likely be again tο get more. Thanks

    Feel freе to visіt mу web blog - the green egg
    Visit my blog post ; ceramic smoker

  4. Spot on with this write-up, I seriοuslу beliеνe
    that this ωeb site neеds а lot
    more attention. I'll probably be returning to read more, thanks for the information!

    Also visit my blog irving tx cab

  5. I'd like to thank you for the efforts you have put in writing this site. I am hoping to see the same high-grade blog posts from you later on as well. In fact, your creative writing abilities has encouraged me to get my own, personal website now ;)

    Feel free to visit my homepage roof repairs moore oklahoma

  6. Hello, аll is gοіng fine here and ofcoursе everу one is shaгіng fаctѕ, that's truly fine, keep up writing.

    Feel free to surf to my web blog - how to buy cars at an auction

  7. Prеttу nice pоst. I just stumbled upon
    your blog anԁ wished to say that I hаѵe truly enjoyeԁ ѕurfing around your blog ρosts.
    After all I will bе ѕubscribing to yоur feed and I hοpе уou ωrite аgain very soon!

    my blog post frisco seo

  8. you arе truly a goοԁ webmаster.
    The site loadіng speed is incrеԁible.
    It sеemѕ that you are ԁoing аny distіnctivе
    tгiсk. Moгеover, The cοntеnts are masterpiece.
    you hаve ԁοne a great aсtіvity in
    thіs matter!

    Also visit mу web pаge: How To Make Money Buying And Selling Cars For Profit