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Anatomy of a Flop: GOP "Cliff" Counter-Offer Fizzles

garin Wrote: Dec 04, 2012 10:49 PM
There are changes that very few people understand ! This is likely to change Pres-politics in a way you never dreamed was possible. In American history the 2-x we experienced real tyrannical Pres, w/revolutionary-liberal-progressive-socialist-policies, correlate directly with oil booms, 1903-T-R, 1933-FDR ! We know the combo of a popular, Socialist POTUS w/vast new oil riches leads to radical politics. That's what's very likely to happen over the next-4-yrs. Get ready, be prepared, before it's too late, "We Must Stop the "Fake-Phoney-Fraud-Obamination !" All Cons, Ind's, Mods, must read, Obama-expose ! pro.stansberryresearch.com/1210THIRDLIA/OPSINB01

Yesterday evening we reported the details of House Republicans' "fiscal cliff" compromise offer to the White House, which offered real ideological concessions, to the tune of $800 Billion in new revenues.  The plan -- originally conceived last year by the Democratic co-chairman of the debt commission, Erskine Bowles -- also calls for the reduction of both discretionary and mandatory spending, making needed (albeit small-ball) reforms to the largest drivers of our debt.  Unlike the president's risible, widely-panned proposal last week, Republicans' new negotiating posture offers genuine compromise: (a) It has bipartisan origins, (b) it achieves "balance," (c) it...