Fiscal Cliff

Looks like the USA is about to meet the ‘fiscal cliff’.

The Republicans have withdrawn their Plan B and there is nothing else on the table that would appease the Obama admin, and there is unlikely to be within the next ten days.

I rather hope that the moment arrives, because it’s about the only thing that shows promise of a solution to the greed of the 1%, the bankers and Wall Street. Of course, it will have serious ramifications for the rest of the world, but given the current climate, I think it is necessary to bring the world back to some form of sanity because anything suggested by the government would take eons to reduce the debt and reduce spending. It might just bring America to heel with regard to military spending. No money, can’t fight wars and kill innocents. The whole system has become one massive failure.

Maybe that’s what the Mayans were on about when they didn’t extend their calendar making all believe that it would be the end of the world.

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  1. #1 by Jeff Nguyen on December 30, 2012 - 11:05 pm

    Fiscal cliff is a euphemism for austerity which will only benefit the bankers and billionaires by way of massive cuts in social spending And transfers of public wealth and resources into private hands.

    • #2 by argentumvulgaris on December 31, 2012 - 1:47 am

      >Jeff, yes, and austerity at a level that the current generations of Americans have never experienced, nor believed possible. They will be hit hard.

      AV

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