Posted on 12/29/2012 11:07:56 AM PST by Kaslin
The one thing I am always afraid of in budget negotiations is that virtually nothing is done, or worse yet, something counterproductive is done.
Obama's latest Fiscal Cliff "Mini-Deal" Proposal is exactly the kind of counterproductive nonsense I am talking about.
Assuming the above Atlantic Wire article is correct ...
Four Strikes Is An Out
I am against all four ideas and it's hard to say which one is worse. Certainly we need to scrap all farm subsidies, not put back those that have been scrapped.
Hopefully the House punts this ball a mile high, or better yet, let's hope this does not clear the Senate in the first place.
Purportedly the deal would only be for 60-90 days which would in all likelihood do nothing but allow further watering down of the proposal in yet another can-kicking exercise at that time.
Since the market is not blasting higher on this preposterous idea, it's safe to assume this deal is Dead-on-Arrival in the House, if it were to get there.
As I have said on numerous occasions, the best offer on the table is to let the alleged "fiscal cliff" happen.
I doubt the problem is with either Senator because New York's economy is fantastically larger than the milk markets so they're just fronting for another Democrat or two. Somebody has threatened to jump ship if he doesn't get what he wants.
Jeffords is the only one who ever made a career out of it.
Re: “Permanent Extension”
House Republicans proposed and passed that exact bill on ALL tax brackets four months ago.
Harry Reid won’t allow the Senate to vote on it.
Of course, the MSM and the completely inept Republican leadership have managed to keep this fact a complete secret from voters.
I’m in Upstate NY. This has been on the news for the last few months. New Yorkers know what it is about and back it.
They tax it and subsidize it. It’s slight of hand.
BTW, droughts not over; grain prices aren’t dropping; smart guys sell their cows now. This is going on all over the country ~
Does this mean I shouldn’t be buying any milk stocks for the New Year?
Who'd A Thunk that the government regulations would make dairy farming so dang expensive that it took tons of taxpayer money to mask what it did to production costs by keeping the price artificially low????
Maybe if the price skyrockets, people will have another opportunity to explain exactly why big government is so dangerous...
Having said that this evening's news is that the dairy price support system has sufficient bipartisan support to pass both the Senate and the House.
Getting back to the issue of folks not consuming cows milk, bet Obamugabe is going to surprise these guys and veto the dairy bill ~
It’s actually, “spend money THEY don’t have”.
To quote Tonto responding to the Lone Ranger after they are surrounded by Indians, “what you mean WE Kemosabe?”
but the cliff would mean massive tax hikes...We would merely return to the taxes Clinton put in place. I’ve seen no legislation that replaces those rates. The Bush tax cuts were for 10 years, only.
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