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WHO’S AFRAID OF THE FISCAL CLIFF? (Patrick J. Buchanan)
Human Events ^ | 11/27/2012 | Patrick J. Buchanan

Posted on 11/27/2012 9:35:36 PM PST by neverdem

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To: neverdem

This emotional blackmail has been the strategy behind everything 0bama and the Dems have done. America is being driven to total ruination because no one in DC will stand up to it.


21 posted on 11/27/2012 11:18:12 PM PST by TigersEye (Who is John Galt?)
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To: neverdem
Even Buchanon has lost his mind. THERE IS NOTAX RATE THAT WILL INCREASE REVENUES NOW. Much less put a dent of any size in the debt or, apparently, spending.
22 posted on 11/27/2012 11:20:15 PM PST by wastoute (Government cannot redistribute wealth. Government can only redistribute poverty.)
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To: Casie

I would hang on to the land if you can plant or hunt it. Get rid of the paper. Watch Ann Barnhardt’s latest 8 part vid on YouTube. Actually, hunting will probably go fast cuz of poachers. Of course poachers make good dog food...


23 posted on 11/27/2012 11:25:49 PM PST by wastoute (Government cannot redistribute wealth. Government can only redistribute poverty.)
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To: neverdem
What are the perils for Republicans who sign on to an Obama deal?

They will sever themselves permanently from much of the base of the party. While their votes may ensure that tax rates or revenues rise, they will have no assurance that the promised spending cuts will ever be made. Even Reagan fell victim to this bait-and-switch.

Then, if the tax hikes slow the economy, Republican collaborators will share the blame. Not only will they have gone back on their word, they will have damaged the recovery. What would be their argument for re-election?

If you believe higher tax rates or tax revenues would be like poisoning an already weak economy, why would you collaborate in administering that poison? Why not just say no?

If Republicans want to save this party and fight another day, it's time to once again, say "NO."

24 posted on 11/27/2012 11:30:06 PM PST by GVnana
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To: Axenolith

Thanks. And then cut taxes too. The economy needs it badly


25 posted on 11/27/2012 11:45:05 PM PST by faithhopecharity (--)
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To: wastoute
Good advice. I have watched Ann's vid's. It took me several hours because I kept re-watching sections searching for flaws in her logic... the truth of our financial situation is very ugly and I found it difficult to accept!

Usually stories of a stock market melt down are written by people selling silver or gold, and I always try to take that into consideration. I actually searched out articles that aggressively attacked Ann. Lots of people call her a lunatic and compare her to a bum holding up a sign pronouncing the end is near.

But I noticed those articles don't present any actual reasons why she is wrong. I even wrote to Gary North about his article on Ann and instead of giving me a single small example of why he thinks Ann is incorrect, he told me to get lost and ended his email with "I don't care what you think."

At this point I really have no faith in the market at all. Everything Ann says could very well happen. I'm just not ready to let go of that last shred of "reasonable" thinking that says cashing out is drastic and fanatical. That little voice that says, "Just try and protect accounts as best as you can and wait for the whole thing to blow over". And just in case... buy that hand pump for the well.

26 posted on 11/28/2012 12:01:00 AM PST by Casie (Chuck Norris 2016)
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To: Casie

I am no financial advisor, but do some research on munis. They are probably not the place to be either. We are going to go deflationary first—cash is king. Munis will fail along with the rest of them.


27 posted on 11/28/2012 12:03:15 AM PST by Vermont Lt (We are so screwed.)
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To: neverdem
Pass a Bill in the House that makes the Bush Tax Cuts permanent then send it to the Senate..

Then unplug the Phone in the Office of the Speaker of the House.

28 posted on 11/28/2012 12:04:04 AM PST by agincourt1415 (Tired of the current State, and Federal Tax System go here: APTTAX.com)
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To: Vermont Lt
Thanks for the info Vermont. The more I learn about the market the more I realize how completely over my head I am. I miss the days of being able to take it for granted that my financial adviser was just magically taking care of things.

I went with the municipal bonds simply because they had the least amount of risks of the options I had in front of me. The chart showed a slow steady turtle-like line plodding on over the last 90 years, almost staying in range of inflation but not quite. When you talk about cash, are you saying cash in hand or cash holdings? Thinking about that 10% penalty + personal tax rate is a loss makes me so darn angry! I sometimes wish I had just skipped investing. I could have bought a killer pontoon boat, some sweet fishing gear, maybe new kitchen counter tops...

29 posted on 11/28/2012 12:19:22 AM PST by Casie (Chuck Norris 2016)
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To: Casie

No one can refute a single thing she says. Notice the Brown Shirt Media isn’t the least interested in any part of it. Think of it. Two and a half HOURS of vid watched by thousands and the “journalists” ignore it. Even “conservative” so called journalists. Even Krauthammer, who I used to think had a pair. It’s like these folks aren’t stupid. They have to KNOW. They sure as hell don’t go near it with a story. Not even by accident. It is frightening, really. They do their best to fill their time with manufactured outrage over crap like Benghazi or what the hell ever but imminent global financial collapse isn’t even on the menu. Nowhere. Friggin’ spooky.


30 posted on 11/28/2012 12:22:32 AM PST by wastoute (Government cannot redistribute wealth. Government can only redistribute poverty.)
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To: TigersEye

The founding fathers would have had lead flying by now.


31 posted on 11/28/2012 12:36:45 AM PST by MachIV
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To: wastoute
Exactly. Their silence reeks of collusion.

But according to them we are all a bunch of conspiracy nuts clinging to our guns and religion... so what do we know? Heh!

32 posted on 11/28/2012 12:37:02 AM PST by Casie (Chuck Norris 2016)
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To: neverdem
Nothing the 535 plans will stop anything. The plans they are contemplating are the equivalent of a BB in a box car.

Our country is flat broke and everything ZERO plans does nothing to correct the problem.
The only good thing is maybe we can start over and get the congress our founding Fathers designed for US. Citizens going to Washington to serve kinda like Jury Duty. Not the cushy jobs & perks they have now.

33 posted on 11/28/2012 1:34:35 AM PST by DeaconRed (We couldn't beat the least qualified and absolute worst president ever. Our party is done for.)
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To: agincourt1415

“Pass a Bill in the House that makes the Bush Tax Cuts permanent then send it to the Senate”

That’s the right thing to do. And re-pass the Ryan budget and say ‘this meets the criteria to avoid automatic tax hikes and spending cuts’, and go home. Reid and 0bama would need to present their full plan (not just the $90B ‘rich’ tax hike).

In reality, this won’t happen, and no agreement will happen. Possibly 0bama and Boehner have already agreed to something and their lackeys are working out the details. Then watch for a bait-and-switch, and Republicans will get the blame for the resulting mess.


34 posted on 11/28/2012 2:23:02 AM PST by ReaganGeneration2
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To: neverdem

bump


35 posted on 11/28/2012 3:25:51 AM PST by Java4Jay (The evils of government are directly proportional to the tolerance of the people.)
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To: neverdem
Pass an extension of the Social Security payroll tax cut and block its automatic rise from 4.2 percent of wages to 6.2 percent.

Social security is bankrupt, so lets underfund it. Brilliant!!!

36 posted on 11/28/2012 3:38:57 AM PST by Go Gordon (It's barack hussein obama - because he doesn't believe in capitalism.)
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To: neverdem

I agree with Pat on this but the SS cut never should have happened and it should be allowed to expire.


37 posted on 11/28/2012 3:48:07 AM PST by Straight Vermonter (Posting from deep behind the Maple Curtain)
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To: M-cubed
My opinion....Obama won!...give ‘em every thing they ask for...

Easier to just vote "present", say that if it was good enough for the President while he was a Senator, it's good enough for them, and let tax hikes and sequestration occur under the law the President signed a year and a hald ago...

38 posted on 11/28/2012 4:04:08 AM PST by trebb (Allies no longer trust us. Enemies no longer fear us.)
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To: ReaganGeneration2

If anything guarantees failure, it is Obama AND Boehner.


39 posted on 11/28/2012 4:24:58 AM PST by Theodore R. ("Hey, the American people must all be crazy out there!")
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To: neverdem

Let it all collapse.Let the world see what eighty years of the welfare state produces. There’s nothing of value left anyway, let it die


40 posted on 11/28/2012 4:25:58 AM PST by muir_redwoods (Don't fire until you see the blue of their helmets)
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