"If President Obama and Democratic leaders come up with a plan in the
lame-duck session to cut spending and stop all the tax hikes, they can expect a
positive response from Republicans," - John BoehnerIs this the
Republican version of "compromise"?
"NO TAX CUTS" for the "RICH". President Barack Obama met
with congressional leaders from both parties Tuesday at the White House to
discuss taxes and other issues. Republicans and Democrats said it was a cordial,
productive meeting. But both sides emerged with the same stances on tax cuts, a
pending nuclear treaty with Russia and other pressing matters.The
dollar and Treasurys stayed lower early Wednesday, while yields rose, after the
Institute for Supply Management said its index of factory activity fell to 56.6%
in November from 56.9% in October. The ISM was expected to decline slightly to
56.8%, according to economists surveyed by MarketWatch. The dollar index
/quotes/comstock/11j!i:dxy0 (DXY 80.69, -0.50, -0.62%) , which measures the U.S.
unit against a basket of major currencies, was down 0.4% at 80.83. Yields on
benchmark 10-year Treasury bonds. Is that why this happened?.Gold USD 1391.50 per oz Silver 28.44 +0.33 Platinum 1677.00
+16.00 Palladium 726.00 +29.00 Rhodium 2,260.00 +10.00 The rich hide there monies in off shore tax safe havens, why give them tax
Now Thats Rich - By PAUL KRUGMAN - NY Times - 08/22/10'Whats at
stake here? According to the nonpartisan Tax Policy Center, making all of the
Bush tax cuts permanent, as opposed to following the Obama proposal, would cost
the federal government $680 billion in revenue over the next 10 years.' "According to the Pew Economic Policy Group, an extension of all of the
Bush tax cuts will cost $3.1 trillion over ten years, once the costs of
servicing the debt are factored in."
What happened to United we Stand, Divided we Fall?It seems that neither
party cares about this concept anymore. They just want to obstruct each other
and prevent our country from improving. They appear to just want their side to
WIN and don't care what that actaully means.If this animosity between
parties continues I had better pull out my ancestors Grey uniform to fight
against the Blue uniforms.
What is important, has any government actions helped the economy? No, nada, not.
Let all temporary efforts expire and start over with a fair system. How can they
expect to ever come to some agreement if even the law is not right? Stop it all
and restart like they should be doing.