johnm h Wrote:
Dec 02, 2012 8:50 AM
There is no fiscal cliff and their are no meaningful proposals on the table to avoid that illusion. The real fiscal cliff is the one we will face in our external accounts when the near 400% increase in the monetary base turns into a near 4000% increase in money. With a stagnant economy which is Obama's goal, there won't even be a real fiscal cliff either. The Obama Administration welcomes stagnation as it induces Bernanke to continue to finance anything Obama chooses to do , justifies spending and enables him to blame Republicans for a lack of recovery even as he increases dependency and sinks our future.