In response to:

Oh My: McConnell Laughed Out Loud When Geithner Discussed Obama’s Plan

oldervoter68 Wrote: Nov 29, 2012 9:00 PM
Let's see how "sincere" the Dems are (haha). Take tax rates back to 2000 levels, including FICA, cut all budgets (except SS and Medicare) to 2007 levels. And when the Ds reject that (which is 99% sure), tell them (with a press conference, the ball is in their court. Their current plan of $80-100B yearly tax increase and future (haha) $1B spending cuts doesn't make the grade. Tie any debt ceiling increase talks to the above.
nodeamass Wrote: Nov 29, 2012 9:05 PM
Did the Dow increase more under Clinton/Obama or under Dubya? Looking back, would an investor be better off investing when a democrat or when dubya held the presidency?
Michael1364 Wrote: Nov 29, 2012 9:11 PM
Yes, I am so glad Wall Street is doing so good.
Of course, a good deal of this strength is from overseas, so your statement just shows how little Dems know of micro-economics

Negotiations can’t be going too well if the Senate Minority leader is openly scoffing at President Obama’s “bipartisan” plan to solve the looming “fiscal cliff” crisis. Yikes:

Mitch McConnell, the Senate Republican leader, says he “burst into laughter” Thursday when Treasury Secretary Tim Geithner outlined the administration proposal for averting the fiscal cliff. He wasn’t trying to embarrass Geithner, McConnell says, only responding candidly to his one-sided plan, explicit on tax increases, vague on spending cuts.

Geithner’s visit to his office left McConnell discouraged about reaching a “balanced” deal on tax hikes and spending reductions designed to prevent...