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About That Fiscal Cliff

anti-neocon Wrote: Nov 21, 2012 12:01 PM
"the spending wll continue as long as there is ink in the printer". what you are talking about is, of course, the federal reserve. it you really oppose this, you should have voted for ron paul. please read his book, End the Fed. why do you think depression is so far down the road? what's the price of gas in your state now?
Yikes, we're headed toward a fiscal cliff! It will crush the economy! Or so the media and politicians tell us.

The "cliff" is a series of tax increases and budget cuts that automatically go into effect Jan. 1 unless Congress acts.

Will Congress act?

It will! I see the future: The politicians will meet and fret and hold press conferences and predict disaster. Then they'll reach a deal.

It will just postpone the reckoning, but they'll congratulate themselves, and the media will move on.

America, however, continues to go broke.

"They're not going to admit that we're bankrupt, and they won't...