Black People Politics : Averting A "Fiscal Cliff"

Discussion in 'Black People Politics' started by Fine1952, Jan 2, 2013.

  1. Fine1952

    Fine1952 Happy Winter Solstice MEMBER

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    What this means is that both parties have thus agreed upon the 'initial' contents of the pre-bill. The 'actual' bill still has not passed and must go on to capitol hill.

    Once there w/i 2 months the sequestering process begins (eg. this federal/political term describes the practice of using mandatory spending cuts in the federal budget if the cost of running the government exceeds either an arbitrary amount or the the gross revenue it brings during the fiscal year.)

    It's a game of bait and switch. Obama's last term was consumed with "The Economic Crisis" that padded the pockets of the banks, AIG, etc. Let's see what surprises thi"new" political construct brings shall we?

    1Love
    :hearts1:
     
  2. jamesfrmphilly

    jamesfrmphilly going above and beyond PREMIUM MEMBER

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    this whole business leaves a bad taste in my mouth….:10700:
     
  3. info-moetry

    info-moetry STAFF STAFF

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    What it is is a fancy made up term for WE'RE GOING TO ROB THE PEOPLE AGAIN BY SCARING THEM INTO BACKING/SUPPORTING THEIR OWN DEMISE!

    First it was CHANGE and now it's FISCAL CLIFF. I give it to him and his team though, they definately know how to screw all of those who voted for him, as well as those who didn't. The only difference is that those who didn't vote for him had good reason not to trust him that those who did vote for him SOME are getting to realize WHY!!
     
  4. Fine1952

    Fine1952 Happy Winter Solstice MEMBER

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    ...and a bad churn in the stomach... I don't remember there being all of this boo-haha when the Bush Administration was running everything into the ground before the Obama Administration took office.

     
  5. jamesfrmphilly

    jamesfrmphilly going above and beyond PREMIUM MEMBER

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    the very same people who are now 'deficit hawks' were the ones who did that…the same people
     
  6. Fine1952

    Fine1952 Happy Winter Solstice MEMBER

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    bait and switch...
     
  7. Fine1952

    Fine1952 Happy Winter Solstice MEMBER

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    right you are....!

     
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