Exactly. A fake economy. The spectacular housing industry that was found to be based on false numbers and misguiding purchasers of homes was incredibly bad. They still use the same practice even now. GM building cars for decades and not making a dime. I can say that GM did shed the dead weight of some divisions. Unfortunate for the workers certainly. The housing industry has tougher rules to qualify. My wife and I are having a home built. The approval process was nothing short of a body cavity search with repeated entry. We will get another body cavity search before closing. I hope for a reach around. At any rate, foreclosures are coming to a end. One hopes history will not repeat itself.

But yes, I know the taxes will go to the entitlement voters. Can I blame them? Yes, quite a few I can blame. These I can blame have been on the dole long before this issue.

Here's a thought for you:

Did you know that GE makes 5 billion dollars a year and pays no business taxes registered as an offshore company out of Bermuda?

Did you know that a certain unamed oil company reported a profit of 5 billion dollars last year?

Profit meaning that which is left after taking out the overhead which includes taxes :arrgh!:

The WH is in bed with GE. GE is in position to make billions when Obamacare kicks in. Take some time and Google GE and this administration.

I'll do that for sure ... :yep:

Do you know what President Nixon and President Obama have in common?

They both need/needed prayer :know:

This is two years old ... makes you want to cry, uh?

http://www.youtube.com/watch?v=dP7Lyf8-VO4

Yea, but the past entitlement voters have always been around, today millions of non entitled middle class are falling into government care. Not sure what's going to happen when these programs are cut, people will circle the wagons and hang on or die.

My wife still helps part time at the SS offices, the horror stories she comes home with....They get many reports of kids going hungry and don't even have the funds to send agents to houses to check. We just had another plant close in our small town, another 400 jobs overseas....I bet they're 30 large closed mills here, only thing left is Miller....guess they need the beer closer to home.

Cry me a river. Another MC Hammer and Mike Tyson story.

That is what I said, there are a few I can blame that have been on the dole before this. I can put more blame on the govt for not getting people off the dole. The takers out voted the producers. The govt knows very well it can get ugly if the bennies are cut. The govt is an integral part of the problem. I foresee extending benefits for the unemployed. We are still in recovery. One of the longest in history. Letting the Bush era tax cuts expire will kill any recovery we have experienced in the past four years.

Yea, once the Bush tax cuts go, we're gonna see govt spending get even worse.....Now isn't the time to raise any taxes, we should be cutting spending big time across the board and getting govt out of every aspect of where people can do for themselves. I don't blame people when they're starving, no medical calre or shelter to go seeking govt. help, but it's gonna implode.

Spending. We have spent a better part of a decade at war. Spending for war materials was out of this world. Where is the new found money not being sent to a war zone?

A large part of the current deficit is also caused by the economic downturn. You'd think the idiots in congress would realize that and do whatever was necessary in order to prevent another recession, which is what we risk with this "fiscal cliff" according to Ben Bernanke.

I would believe another recession is at risk. Everyone will have to adjust their current budget and relearn how to live with less. So here we go, taxes increase and I will bet my right arm there will be zero deficit reduction. No shovel ready projects started. Infrastructure will still continue to deteriorate. The blowhards in DC will begin their campaigning to save their jobs. Sadly, if any one of us performed our jobs like these suck-wads we would be out on the street when performance reviews were completed. The voters sit like dumb ox hoping it will all just work out and Honey Boo Boo will air at the regularly scheduled time. :88)

What does Bernanke care? All this means is he can let the printing machine take a rest for a day or so.

My guess is we're going over the cliff, so all our taxes are going up. Congress will probably try to make changes for the middle class next year.
It will cost my wife about 8 grand a year at our small dog kennel. We have 4 employees, 2 part time, so got to figure medical care. We can't raise prices, so two will have to go, if not all of them and we'll put out teens to work in the afternoon.

They could've passed middle class tax relief, but that ain't happening. However, we'll continue to give a few hundred billion in aid to the world.

Most reports say if we go off the cliff, it will cost about 3 million jobs in 2013....

Our government is nothing more than a lobby controlled mafia that should be jailed, another reason we need to protect our gun rights.

They'll screw around for another week or two, come up with some half-assed solution that only partially addresses things but mostly kicks the can down the road and make it retroactive to December 31st. Mark my words.

Unless western countries introduce some measures which promote production within their area or force other contries to similar living standards as we have then we have to accept harsh reductions in our own.

In a nutshell but it should never come to this on any matter. It is tiresome at best.