Reid Epstein @reidepstein
America: Where a plan that was DOA anyway fails, causing the market to tank, which would spur quick action, except for Christmas. Scene!
thephan wrote:pacino's posting is one of the more important things revealed in weeks.
Calvinball wrote:Pacino was right.
jerseyhoya wrote:Reid Epstein @reidepstein
America: Where a plan that was DOA anyway fails, causing the market to tank, which would spur quick action, except for Christmas. Scene!
thephan wrote:pacino's posting is one of the more important things revealed in weeks.
Calvinball wrote:Pacino was right.
td11 wrote:6d ago
Eric Cantor @GOPLeader
We will not adjourn Congress until a credible solution to the fiscal cliff has been announced. Revised House calendar » pic.twitter.com/hfmZiCTR
1h ago
Eric Cantor @GOPLeader
The House of Representatives has concluded legislative business for the week. The House will return after the Christmas holiday when needed.
td11 wrote:6d ago
Eric Cantor @GOPLeader
We will not adjourn Congress until a credible solution to the fiscal cliff has been announced. Revised House calendar » pic.twitter.com/hfmZiCTR
1h ago
Eric Cantor @GOPLeader
The House of Representatives has concluded legislative business for the week. The House will return after the Christmas holiday when needed.
thephan wrote:pacino's posting is one of the more important things revealed in weeks.
Calvinball wrote:Pacino was right.
td11 wrote:pac u said pres is a centrsit
thephan wrote:pacino's posting is one of the more important things revealed in weeks.
Calvinball wrote:Pacino was right.
jerseyhoya wrote:Going over the cliff then. At least we'll get some spending cuts.
swishnicholson wrote:jerseyhoya wrote:Going over the cliff then. At least we'll get some spending cuts.
jersey, the way I always saw this going down was that at the last minute Obama would announce some spending cuts, while sticking to the expiration of the tax cuts. This wouldn't be particularly hard to do, of course. He's announced support for the general idea of spending cuts and I always figured that no specifics have been announced simply because if you trot them out too early the Republicans have plenty of time to shoot them down as insufficient. Made with enough fanfare and at the right time they can seem like concessions, and thus the Republicans can save face and Obama can retain enough cred by getting the tax rates which were the main part of his program. At one time I would have thought the largest impediment to this was Republican intransigence to the idea of accepting the expiration of the tax cuts under any circumstances, and obviously this works best if you've already come to a bipartisan agreement-otherwise it's just grandstanding. But it's pretty damn good grandstanding, so ti might be worth it in the long run anyway.
So I don't know if I should be frustrated that this sort of announcement hasn't come yet, simply patient because the time isn't right yet and you really have to bring this to the brink for it to work, or if I've simply mis-read the situation.
While it's clear where your sympathies lie, you have a cool head about these things. How do you see it playing out?