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The Real Fiscal Cliff

europac.net / by Peter Schiff / July 10, 2012The media is now fixated on an apparently new feature dominating the economic landscape: a “fiscal cliff” from which the United States will fall in January...

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Scottish independence: IFS study warns of long-term fiscal challenges

Stewart Hosie and Alistair Darling on the finances of an independent Scotlandbbc.co.uk / By Brian Taylor, Political editor, Scotland / 19 November 2012 Last updated at 08:28 ETAn independent Scotland...

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Gold Pauses

truthingold.com / By truthing / November 26, 2012Gold shrugged off the influence of a firmer euro and turned lower on Monday as speculators booked profits after prices rallied to their highest in more...

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Fiscal Cliff Diving

Will they take the plunge? (Photo credit: Dennis Barnes)acting-man.com / By Pater Tenebrarum / November 30, 2012Why Give In?Yesterday we came across this WSJ tweet on the ‘fiscal cliff’ negotiations....

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The US ‘Fiscal Cliff’: Three Feet to the Bottom

dailyreckoning.com.au / By Addison Wiggin / December 8th, 2012‘Equating tax hikes and spending cuts in the U.S. with a “fiscal cliff” is like calling a spot of exercise and a balanced diet “Caloric...

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A Grim Reality Lies Beyond Fiscal Cliff

rickackerman.com / By Rick Ackerman / December 24, 2012[Turns out it was our own Doug Behnfield  -- good friend, astute financial advisor and occasional contributor to Rick’s Picks  -- who in June 2010...

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Four Strikes Is An Out; Obama Proposes Last Minute “Mini Deal” Essentially...

Obama to Offer ‘Mini Deal’ on Fiscal Cliff: What’s at Stake for Today’s Meeting?globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / December 28, 2012 1:25 PMThe one thing I am always afraid...

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Only a Martian Invasion Can Save Us

rickackerman.com / By Rick Ackerman / January 2, 2013In the wickedly funny Tim Burton film Mars Attacks! there’s a scene where all 534 members of Congress are vaporized by aliens with ray guns. Oh, how...

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Republicans Prepare to Wave White Flag Again, This Time On Debt Ceiling;...

globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / Wednesday, January 02, 2013 11:41 AMHaving totally collapsed on deficit reductions in fiscal cliff non-negotiations (agreeing to a mere...

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Part A of the big Bargain enacted/still must deal with fiscal cliff and...

harveyorgan.blogspot.com / January 2, 2013Good evening Ladies and GentlemenGold closed up by $13.10 to finish the comex session at $1687.90.  Silver also had a fine day, rising by 78 cents to finish at...

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Glass Half Missing? What About Healthcare Premiums? What’s the Hit to GDP?

globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / Thursday, January 03, 2013 11:09 AMI have seen Fiscal Cliff analysis written from two perspectives1. Republicans Caved In 2. Democrats...

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Fiscal cliff: US must do more, says IMF

The IMF said Congress made little progress on dealing with the larger-picture problem of the US deficittelegraph.co.uk / 8:28PM GMT 02 Jan 2013The International Monetary Fund has said that US actions...

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I’ll Believe It When I See It

globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / Thursday, January 03, 2013 6:04 PMHere’s one for the “I’ll Believe It When I See It” file: Backlash pushes Republicans to seek cuts. A...

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The Worst Politicians Money Can Buy

financialsense.com / By Bill Fleckenstein / January 3, 2013The disgusting soap opera over the misnamed “fiscal cliff” finally ended on New Year’s Day with tax hikes (mostly aimed at the so-called...

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Why We’re Ungovernable, Part 6: Here Comes the Debt Ceiling

dollarcollapse.com / By John Rubino / January 5, 2013The fiscal cliff was always going to end with a whimper because that was the obvious path of least resistance. In the end, simply avoiding big tax...

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Obama’s Default Drama Is No Way to Run a Country

bloomberg.com / By Caroline Baum  / Jan 10, 2013 7:30 AM GMT+0800The United States of America isn’t going to default on its debt, even if Congress doesn’t increase the statutory borrowing authority in...

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Fiscal Cliff Solution Is Nothing But Folly

caseyresearch.com / By Bud Conrad / January 11, 2013The label “the fiscal cliff” evoked the fear that something terrible was about to happen if the previously legislated spending cuts and tax increases...

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One Year Of Tax Hikes On The Rich Is Promptly Spent As $60 Billion Sandy...

 zerohedge.com / By Tyler Durden / January 15, 2013, 19:55After more than two months of political grandstanding, finally the $60 billion pork-laden Sandy relief aid bill has passed through the House in...

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Crazy Boom in Gold and Silver IF Debt-Can is not kicked further

commoditytrademantra.com / By Rajesh J. Shah / January 23, 2013 @ 3:48 pmGold and Silver Prices rush to the upside each time that the US goes deeper into debt. Gold Futures are trading near the highest...

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The New Definition of ‘Ceiling’

US federal debt: for now sans ceiling. not that it makes much of a difference … via St. Louis Federal Researchacting-man.com /  By Pater Tenebrarum / January 23, 2013Ceiling, noun, 5: an upper, usually...

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