Sunday, September 16, 2012

House Speaker: No Fiscal Cliff Deal



---------- Forwarded message ----------
From: Moneynews.com <newsmax@reply.newsmax.com>
Date: Sat, Sep 15, 2012 at 7:28 PM
Subject: House Speaker: No Fiscal Cliff Deal




Moneynews.com


Dear Moneynews Reader:
Please find below a special message from our sponsor, Weiss, Inc. They have some important information to share with you. Thank you.
Moneynews.com

House Speaker Boehner:
"No Confidence" a Fiscal Cliff Deal Can Be Reached!
Dear Reader,
For weeks now, Weiss Research has been reporting it's highly unlikely that our sharply divided Congress could find a way to delay or cancel ANY of the tax hikes or spending cuts now scheduled to take effect on January 1, 2013.
This week, Speaker of the House John Boehner (R-OH) seemed to endorse that view by stating, "I'm not confident at all" that any deal can be reached.
The Republican leader went on to blame Democrats — both in the Senate and the White House — for the failure of leadership:
"The House has done its job on both the sequester and on the looming tax hike that will cost our economy 700,000 jobs."
"The Senate at some point has to act. And on both of these, where's the president, where's the leadership?"
— House Speaker John Boehner
Meanwhile, Politico.com was even more stinging in its criticism of BOTH parties' abject failure in addressing this crisis:
"President Barack Obama wants to fix the debt problem and stop the nation from falling off a fiscal cliff.
"So does Mitt Romney. And John Boehner. And Paul Ryan. And Joe Biden, too.
"They all said as much at the Republican and Democratic national conventions and accused their opponents of lacking the guts to pick a plan and make it stick.
"So it would make sense that while they were talking, their aides and allies were meeting behind the scenes to steer away from that fast-approaching cliff, right?
"Wrong. The truth is that none of the top leaders or their aides are in serious negotiations."
— Politico.com
And never forget: Even if by some miracle, the Republicans and Democrats were able to delay SOME of the tax hikes and spending cuts ...
FIVE NEW Obamacare taxes will take effect on New Year's Day in any case ...
AND the nearly $1 trillion per year of stimulus spending that has kept the U.S. economy from collapsing over the past four years will NOT be spent in 2013.
NO WONDER the International Monetary Fund ... the U.S. Congressional Budget Office ... the Federal Reserve and many other authorities are now warning that one of the deadliest financial crises in U.S. history is set to level the U.S. economy and stock market.
NO WONDER Fed Chairman Ben Bernanke warns it will cause America to plunge off a "fiscal cliff". And why JP Morgan says that, barring a miracle in Washington, America is about to fall "head first into the fiscal meat grinder."
There's still time protect yourself and profit:
Just be sure to view my new video
— America on the Brink: The Great Fiscal Cliff of 2012-13 —
IMMEDIATELY!
In this extensively documented video, I show you why so many leading authorities are saying this crisis is threatening to ...
  • Tear trillions of dollars out of the hands of U.S. consumers and companies ...

  • Bankrupt thousands of businesses ...

  • Drive the unemployment rate to unimaginable levels, and ...

  • Leave the U.S. stock market a smoking ruin.
Plus, I reveal ...
  • Why this will dwarf every financial catastrophe the world has ever seen and explain why it is now all but inevitable ...

  • The giant banks and popular stocks that are most likely to crash and burn as this event explodes into the headlines ...

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  • Give you six free survival manuals designed to help you defend what's yours — and even grow your wealth as this modern-day catastrophe unfolds.

  • And much more!
And although this crisis will not wait for you, me or anybody else ... you can get all the critical information you need to prepare right now — for FREE!
We will only be able to keep this all-important video online for a limited time. Click this link to view it now.
Be safe,
Mike Larson

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