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...
View ArticleScottish 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...
View ArticleGold 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...
View ArticleFiscal 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....
View ArticleThe 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...
View ArticleA 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...
View ArticleFour 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...
View ArticleOnly 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...
View ArticleRepublicans 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...
View ArticlePart 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...
View ArticleGlass 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...
View ArticleFiscal 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...
View ArticleI’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...
View ArticleThe 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...
View ArticleWhy 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...
View ArticleObama’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...
View ArticleFiscal 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...
View ArticleOne 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...
View ArticleCrazy 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...
View ArticleThe 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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