I’ve seen the future and there are lower stock prices in it. The republicans have nothing to lose but the legacy and job approval rating of their sitting President. We are going OVER the fiscal cliff, AND MORE. You wait and see. It’s going to be a shit show. Not only that, the elections are over and earnings season was for shit. The Fed is going to ease up on the gas because Obama is already in. Why exert themselves, now that their jobs are secure?
I want you to heed my final warning and understand that the government is intent on inflicting damage to you. They will not avoid the fiscal cliff–but purposely drop you off of it.
"Let me get this straight . . .
We're going to be "gifted" with a health care plan we are forced to purchase and fined if we don't! Which purportedly covers at least ten million more people without adding a single new doctor, but provides for 16,000 new IRS agents, written by a committee whose chairman says he doesn't understand it, passed by a Congress that didn't read it but exempted themselves from it, and signed by a Dumbo President who smokes, with funding administered by a treasury chief who didn't pay his taxes, for which we'll be taxed for four years before any benefits take effect, by a government which has already bankrupted Social Security and Medicare, all to be overseen by a surgeon general who is obese , and financed by a country that's broke!!!!!
'What the hell could possibly go wrong?'" ~ Donald Trump
Marc Faber : “The federal government is sending each of us a $600 rebate. If we spend that money at Wal-Mart, the money goes to China. If we spend it on gasoline, it goes to the Arabs. If we buy a computer, it will go to India. If we purchase fruit and vegetables, it will go to Mexico, Honduras and Guatemala. If we purchase a good car, it will go to Germany. If we purchase useless crap, it will go to Taiwan and none of it will help the American economy. The only way to keep that money here at home is to spend it on prostitutes and beer, since these are the only products still produced in US.” - Marc Faber said in 2008 commenting on the US Stimulus package