Market Ticker Forums
Detailed market commentary at The Market Ticker and Ticker Classics (The Year 2012 In Review)
Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here.
BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda)
Rss Icon RSS available You are not signed on; if you are a visitor please register for a free account!
Sponsored Advertising
To remove advertising from your display upgrade to Gold Donor status
Comments on If You're Wondering If The Fiscal Cliff Matters....
User: Not logged on
Top Forum Top Login Control Panel FAQ Register Logout
Showing Page 2 of 4  First1234Last
User Info If You're Wondering If The Fiscal Cliff Matters.... in forum [Market-Ticker]
Trades50
Posts: 4217
Incept: 2007-10-30
Silver
Land of Tax and Spend
Report This As A Bad Post Add To Your Ignored User List
Quote:
I call on Americans to boycott Congress. And the best and easiest way is to stop working hard. Stop making more than you have to. Pull in your horns. Pay less -- or no -- taxes the legal way, by reducing your income and living on less. Apply for every benefit, suck on every single government tit you can find as hard as you can and use your teeth to bite down hard while you're at it.


Exactly! Like cancer. Let the cancerous system the libtards are trying to protect consume them.

----------
When the people fear the government, there is tyranny. When the government fears the people, there is liberty. - Thomas Jefferson
Veedubforlife
Posts: 40
Incept: 2011-08-19

United States
Report This As A Bad Post Add To Your Ignored User List
The People: "What's your solution, Congress?"
Congress: "What's that, sorry I couldn't hear you over the sound of us repressing you."
The People: "Do you have any solutions?"
Congress: "You sound too angry. I need to take away your gun and load you up with Big Pharma medication. And while we're at it, here, have a freebie made of stuff I took from you."
Workerbee
Posts: 1398
Incept: 2009-03-18
Silver
* Winter is Coming *
Report This As A Bad Post Add To Your Ignored User List
Veedubforlife, are you THE TOTUS?

----------
Prepare for Our Valley Forge
*~* Appeal to Heaven *~*
...that those "who having no appeal on earth to right them, they are left to the only remedy in such cases, an appeal to heaven." ~John Locke
Dashingdwl
Posts: 9764
Incept: 2007-06-26
Gold
los angeles
Report This As A Bad Post Add To Your Ignored User List
Impeach Obama and Biden for violating our 2nd Amendment Rights!? Surely, you jest!

----------
When you are hard and disciplined, you can be principled. People fear you because they have no leverage against you. It's the truest form of Liberty.
Luvs_footie
Posts: 2423
Incept: 2007-11-26

Australia
Report This As A Bad Post Add To Your Ignored User List
Yes you guys are totally screwed unless something along the lines of KD's plan is enacted.

The abyss is waiting......

Come on down.
Marsgate
Posts: 107
Incept: 2008-02-20

Report This As A Bad Post Add To Your Ignored User List
The "Abyss party"

In Florida...

with Karl...

and friends with food stamps...

**** yes...lets do it.


Noodleman
Posts: 2393
Incept: 2008-11-01

Report This As A Bad Post Add To Your Ignored User List

2 of the 3 branches of gov that provide our checks and balances are on life support. The 2-party system is pretty much a joke. And the other branch has a 103 degree fever after undergoing another full course of 'last chance' antibiotics. Regardless of what they tell us on Fox News - they all know. Every one of them. If we can do the 8th grade math and calculate the 'problem' on the back of an envelope they certainly understand the depth of the 'problem' with their army of personal $150,000 number crunchers. It's amazing that not one of the 535 breaks out into a cold sweat and spills his guts to some Rolling Stone Mag reporter. I guess the vice handle has to get turned a couple more revolutions before that happens. But clearly it's a rudderless ship. That's obvious.

----------
"Ammunition beats persuasion when you are looking for freedom." Will Rogers, 4 Nov 1879 - 15 Aug 1935

Jslique
Posts: 467
Incept: 2008-07-28
Silver
Melbourne
Report This As A Bad Post Add To Your Ignored User List
Cmon Karl.

Its 2012 the need for paying taxes was so yesterday. Why Governments can just borrow printed money at lower and lower interest rates for ever. Being financially responsible is for wimps. Heck if we keep borrowing money at lower and lower rates pretty soon there will be that much money around the Gov will be paying negative interest rates. the ultimate perpetual motion machine.

Ive been saying for 4 years this ends badly. the propaganda machine works miracles until it does not, I suppose.

Looking forward to your predictions for next year.

John

Reason: spelling
Crzymorse
Posts: 1195
Incept: 2010-06-25

Maryland
Report This As A Bad Post Add To Your Ignored User List
For a second there, I thought we were actually being represented. Once the Bush tax cuts expire the republicans can pass a middle class tax cut and increase spending. Sorry I gave away the ending to the story.
Drench
Posts: 28631
Incept: 2009-11-10
Green
Report This As A Bad Post Add To Your Ignored User List
Ben
Posts: 6212
Incept: 2009-10-09
Silver
The Distant, Glorious, Past
Online
Report This As A Bad Post Add To Your Ignored User List
TI-84 is what you use in engineering, physics, calc and pre-calc HS and UNI classes.

That could be the sentiment of a future engineer. Joy.

----------
"Why are you going to learn French?"
"Because I'm going to France," says Joe.
"I'm from the future. You should go to China."
Scottbeard
Posts: 31
Incept: 2010-01-05

UK
Report This As A Bad Post Add To Your Ignored User List
I don't think that "work less, earn less" is a realistic protest option for most people with mortgages to pay and kids to feed. It hurts your family more than it hurts the government.

Even if enough millions did it to get the government's attention, their response to less tax income would probably be more QE to fill the gap, further reducing the purchasing power of your (now lower) remaining income.
Gen_maximus57
Posts: 4580
Incept: 2007-09-03
Green
Tampa
Report This As A Bad Post Add To Your Ignored User List
Quote:
I don't think that "work less, earn less" is a realistic protest option


Ahhh, my friend, but you can spend less and figure out lawful ways to pay less taxes. Every dollar counts.
Zappafan
Posts: 1801
Incept: 2007-11-30
Green
Atlanta
Report This As A Bad Post Add To Your Ignored User List
CNBC stick-save rumor in 3 ... 2 ... 1

However, anyone arguing or spinning that there is going to be some kind of significant "deal" after today is in effect arguing with the laws of physics.

The House has adjourned until Dec. 27th. The Senate has no bill to act on, and will be leaving for Sen. Inouye's funeral tomorrow, not to return to DC until the 27th.

Obama leaves for Hawaii probably later today. He won't be back in DC until Jan 3rd; mark my words.

To get anything through the Senate requires 3 working days due to parliamentary rules. And since all revenue bills originate in the House, they can't do squat until the House does. And last night's fiasco proved that Boehner no longer controls his caucus. The only path to getting something through the House involves mostly Democrat votes now. You think Boehner is going to allow that given his speakership is up for re-election on the 3rd?

The "grand bargain" that kicks the can a year or two down the road is stone-cold dead. The shameless shills on CNBC, the knee-pad wearers at the WashPost and the pigman's Pravda WSJ may try to fool you, but don't believe them.

----------
The alternative to not borrowing from a counterfeiting cartel is to be priced
out by those who do
Zappafan
Posts: 1801
Incept: 2007-11-30
Green
Atlanta
Report This As A Bad Post Add To Your Ignored User List
Just for yuks here are a few potential CNBC tape-painters: picture these screaming headlines delivered by Gasbag as the market spikes:

BUFFETT DEMANDS HOUSE RETURN TO DC: "You didn't build that!"

CHEMICAL BANK OF GUANDONG TO BUY US HOUSE; WILL REPLACE BOEHNER WITH A SMALL SHELL SCRIPT!!

OBAMA TWEETS FROM WAIKIKI BEACH: "Chillax! Will dissolv congress by exec order when back in town .. good sushi here #CanKickerOTUS



----------
The alternative to not borrowing from a counterfeiting cartel is to be priced
out by those who do

Oliver1655
Posts: 22
Incept: 2012-08-02

Report This As A Bad Post Add To Your Ignored User List
Gen,
Thanks for the brutal honesty and truth of what needs to happen. I try to share your tickers and raise people's awareness but most people just don't get it. They are either willfully ignorant or just don't understand the magnitude of the reality.

I suggest for all future TV interviews you find one of those Barbie dolls that when you pull the string she says Math is hard (or whatever she actually said.) Then start into your analysis and presentation and at the end say this is what needs to be done but since the media and schools have dumbed everyone down this is the only response I get to a problem that anyone with rudimentary math skills should be able to solve.

At that point pull the Barbie string and let her say her line. People seem to need visual aids maybe that will help illustrate the point.
Frat
Posts: 1935
Incept: 2009-07-15
Silver
NKY
Report This As A Bad Post Add To Your Ignored User List
smiley

----------
We're ****ed. Where's Henry Bowman when you need him?

Reason: Wrong word. :-)
Drench
Posts: 28631
Incept: 2009-11-10
Green
Report This As A Bad Post Add To Your Ignored User List
Quote:
I don't think that "work less, earn less" is a realistic protest option for most people with mortgages to pay and kids to feed. It hurts your family more than it hurts the government.
I think the best thing you can do for your kids at the moment is to show them how to survive on less. I'm being absolutely serious.
Tristan
Posts: 572
Incept: 2009-04-08
Green
Spirit of '76
Report This As A Bad Post Add To Your Ignored User List
Exactly. It's hurting your family to keep them under the illusion that "this" is real and sustainable. It's always easier to be ahead of the curve.
Heisenberg
Posts: 92
Incept: 2012-09-21

Report This As A Bad Post Add To Your Ignored User List
I expect the Republicans to cave. I hope I'm wrong. But they should expect a Tea Party primary challenge if they cave.
Mckinnemon
Posts: 56
Incept: 2007-12-06
Green
Report This As A Bad Post Add To Your Ignored User List
I love the word play, "fiscal cliff". What will be the deficit be if nothing is done? 500 billion? According to the feds: 1) Economy is growing at over 3% 2) Unemployment is decreasing. This budget bill was willfully passed, so what's the problem?
Aztrader
Posts: 6650
Incept: 2007-09-10
Green
Scottsdale, AZ
Report This As A Bad Post Add To Your Ignored User List
Boner doesn't have any leverage. They lost it in the election and again are showing the American people (via media bias) that they support the rich.
Now it's all political postering to try to save face. These guys have no plan on "doing what is right and necesssary", but only give a **** about the taxes that the braindead media can grasp.
With the kind of leadership in Congress, we are completely doomed. Nothing will change and Obama will get the tax increases and will continue to spread his welfare.
Going over this cliff will hurt the rich more than any group. Cutting the extended benefits will hurt the leeches, but who cares.
Karl outlines the important facts and these morons just don't care. It's about power and political leverage. The American people do not matter to them.
I am sure a lot of these crooks went short the markets yesterday knowing very well that this BS vote was doomed from the beginning.........
Brothers781
Posts: 64
Incept: 2008-12-07

Report This As A Bad Post Add To Your Ignored User List
I've been reading here for 4 years and this is absolutely the best you've ever written!
Jb350
Posts: 359
Incept: 2011-06-10

Detroit metro
Banned
Report This As A Bad Post Add To Your Ignored User List
The 13 day moving average on my indicator is about as low as I've ever seen it. Up until today I was starting to once again develop doubts as to whether or not it is still working.
Ktrosper
Posts: 1500
Incept: 2010-04-06
Silver
ft collins co
Report This As A Bad Post Add To Your Ignored User List
Holy ****! You DID make Boehner cry!

http://dyn.politico.com/printstory.cfm?u....


----------
The unexamined life is not worth living.-Socrates
The only stable state is the one in which all men are equal before the law.-Aristotle
Liberty exists now in the spaces government has not yet chosen to occupy.-Doc Zero
I anticipate that 10 Dallas Cowboys Cheerleaders will blow me this evening.-K.D
Login Register Top Blog Top Blog Topics FAQ
Showing Page 2 of 4  First1234Last