In response to:

Hurrah for the Fiscal Cliff

Greg1084 Wrote: Nov 10, 2012 9:17 AM
Your second sentence probably hit a nail on the head. Much of that was probably boomers taking gains and putting them into safer annuities so they can breathe a little easier in the coming storm.

The market continues in its new role of town crier, instead of seer of all things. This is an Oracle that only understands the parameters. In this case, the parameters are clear. If we go off this fiscal cliff, we all perish. Ironically, it's not the recession that comes with the draconian triggered by inaction, but the fact that our leaders let us down, once again.

While President Obama has won the election, he could still lose the war - big time. It is my feeling that the President prefers to have a legacy that speaks to progressives for centuries....

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