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More Pain, Less Gain

smokindave Wrote: Nov 19, 2012 8:32 PM

Anyone else notice the absence of many trolls here, since all the news lately about the market going down right after the election, the outrage of folks who have just been given their enrollment forms for next year and finding their health plans going up another 15%, the outrage for the folks preparing their FSA accounts for next year-and finding their contributions will be cut in half, the ongoing Libya and Israel situations, etc. Seems that the majority of Barry supporters that couldn't wait to tell us how great he was have suddenly clammed up. Hmm, could it be that they are finally waking up and smelling the coffee? One can only hope.

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Curtis108 Wrote: Nov 19, 2012 10:12 PM

Honestly, the market started to fall in the first part of October

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More Pain, Less Gain

President Obama and the Democrats have made a cottage industry of peddling "tax hikes for the rich" as the way out of the fiscal crisis precipitated by ObamaCare and other profligate spending.

But with reports and polling showing that upper income spending has fallen since the beginning of September, the country may have a chance to see that "tax hikes for the rich" are not as costless as the administration and Democrats want Americans to believe.

The "rich" are pulling back in anticipation of tax increases coming down the pike in 2013. As a result, it looks like they...