Fiscal Cliff Solution: Fire U.S. Lawmakers
He said, she said... none of us care Boehner. You said $1 million, Obama countered with $400K, then the GOP dropped the ball. We are moments away from the credit agencies downgrading the United States of America (again). If that happens then stocks will really tank.
Our stocks are about to get the kiss of death provided the Fiscal Cliff situation is not resolved.
What job in America provides you a lifelong pension, great compensation, and not do a damn thing?
As a Senator you get paid at least $174K, and Boehner rakes in $223,500 for arguing full-time and accomplishing zero. You also get to deduct $3K each year for 'living expenses'. You also get great health insurance and a generous retirement plan, again thanks to Joe and Jane U.S. Taxpayer.
Back to the situation at hand -- "Plan B" has been dropped and equities are falling.
GOP members you are going to have to raise taxes.
Democrats please be sensible and agree to whatever the GOP is willing to do.
Both parties stop embarrassing Americans that voted for you and reconcile your differences before the shit hits the fan.
Enough is enough. Remember the actions of your elected leaders and next time you get to vote, let them have it.
Best of the Blogs
Scanning and identifying the best blog entries every hour
- Proposed Tax Changes and How to Benefit from Them | Financial Sense
- Trump Promises "Insurance For Everybody" In Obamacare Repeal | ZeroHedge
- The Clinton Global Initiative is closing due to the 2016 revelations of multiple related international scandals | ZeroHedge
- World Bank: Trump to Boost US Economic Growth and Commodities | Financial Sense
- How To Be A Genius | Altucher Confidential
- Gundlach: The Biggest Risk to the Current Rally Is Donald Trump | Financial Sense
- While Davos Elites Address Populism, Just "Eight Men Own Same Wealth As Half The World" | ZeroHedge
The most relevant financial news and articles from the Internets
- Supply Chain Management: The Next Big Thing? | BusinessWeek
- A nightclub shooting mars life in Mexico's Mayan Riviera,... | Business Insider
- CHATBOTS EXPLAINED: Why... | Business Insider
- Obama is marking the first anniversary of the Iran... | Business Insider
- These 9 skills are great ones to have on your résumé right now | Business Insider
- 13 things you're doing wrong from the moment you wake up | Business Insider
- These 8 billionaires are worth as much as the... | Business Insider