The Final Phase Of The 2008 Crash Dead Ahead: Our Denial Of The Inevitable Is Creating The Inevitable. America Is Obsessed With Cheap Money, Bull Markets, Profits, Consumerism, Fiscal Cliffs. Washington Is Setting Up A New Crash And You’re Not “Going To Get Early Warning Signal When New Bank Meltdown Hits

Tuesday, January 1, 2013
By Paul Martin

Investmentwatchblog.com
January 1st, 2013

The “deal” calls for $43 in new taxes for every $1 in spending cuts. What a sellout by the senate republicans.

One can only hope the house republicans have more balls and kill this pathetic sellout.

NEW REPUBLICAN MATH: $1 IN CUTS FOR EVERY $41 IN TAXES

According to the Congressional Budget Office, the last-minute fiscal cliff deal reached by congressional leaders and President Barack Obama cuts only $15 billion in spending while increasing tax revenues by $620 billion—a 41:1 ratio of tax increases to spending cuts.

We ‘May’ Have A Spending Problem

The Rest…HERE

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