The Fiscal Cliff

[Indy Coug]

The United States spent more on its military than the next 13 nations combined in 2011:




What the public wants and what the public will get:



Source: America’s staggering defense budget, in charts

I'm curious how anyone could get an accurate figure on China's military spending.

[il Padrino Ute]

I see the house budget, where is the Senate budget? I would look at the Senate budget and the house budget and meet somewhere in between.

Both the public's thoughts and the Presidents thoughts are irrelevant. Both are based on emotion and a lack of well reasoned thought.

You'll have to ask Harry Reid. He has ignored his duty as majority leader to pass a budget for almost 4 years.

[YOhio]

The United States spent more on its military than the next 13 nations combined in 2011:

USA! USA! USA!

[Uncle Ted]

Krugman's solution: Mint the trillion dollar coin

[...]
Enter the platinum coin. There’s a legal loophole allowing the Treasury to mint platinum coins in any denomination the secretary chooses. Yes, it was intended to allow commemorative collector’s items — but that’s not what the letter of the law says. And by minting a $1 trillion coin, then depositing it at the Fed, the Treasury could acquire enough cash to sidestep the debt ceiling — while doing no economic harm at all.
[...]

[YOUTUBE]kH1WaHzvFkw[/YOUTUBE]

[frank ryan]

Krugman's solution: Mint the trillion dollar coin



[YOUTUBE]kH1WaHzvFkw[/YOUTUBE]

Awesome! The crisis is over.

[LA Ute]

[Dr. Heinz Doofenshmirtz]

http://www.cracked.com/photoplasty_5...arisons_p20#19

[Pelado]

http://www.cracked.com/photoplasty_5...arisons_p20#19

That is crazy.

[Uncle Ted]

[venkman]

http://www.politico.com/story/2013/0...ing-86071.html

Democrats in congress: give the power of the purse to the President. We may be witnessing the beginning of the final death knell to the constitution: the separation of powers.

[pellegrino]

http://www.politico.com/story/2013/0...ing-86071.html

Democrats in congress: give the power of the purse to the President. We may be witnessing the beginning of the final death knell to the constitution: the separation of powers.

Combined with unilateral action on gun control that could have the potential to plunge us into a civil war.

[LA Ute]

[Uncle Ted]

Yes, I am also surprised that the Obama administration turned down this spending petition.

[YOhio]

From today's press conference:

Obama: "We can't finish the job of deficit reduction through spending cuts alone"

https://twitter.com/jamiedupree/status/290861255055523840

Obama urges more tax increases on top income earners by closing tax loopholes; "the American people agree with me"

https://twitter.com/jamiedupree/status/290861596576735232

[byu71]

From today's press conference:

https://twitter.com/jamiedupree/status/290861255055523840

https://twitter.com/jamiedupree/stat...61596576735232

I heard the "loopholes for corporations that don't need them". My guess is they figure the "millionaires and billionaires" thing while useful may have folks going, I thought we got those bastards.

So I wouldn't be surprised if the "demon" they go after this time with the catchy slogan is, "loopholes for corporations that don't need them". Of course just like it wasn't just the millionaires and billionaires he nailed, it won't just be those evil corporations he nails the next time.

I also like the ground work he is laying for his good judgement will determine the corporations that need them and those that don't. I hear in the bill signed at the last minute green energy and the movie industry got some huge tax breaks. LOL, the movie industry needs breaks.