How Going Over the ”Fiscal Cliff” Will Affect You

“Kahn projects that a kick the can deal will increase taxes by $530 billion. Specifically, he sees strong support for an end to the payroll tax cut, an end to Bush tax cuts, and broad support for short-term ‘tax extenders.’  On the spending side, no further extensions of unemployment and a cut in Medicare payments (the doc fix). Total spending cuts $170 billion. Got that? Tax increases of $530 billion and cuts of only $170 billion. In other words, the ‘kick the can deal’ is a huge tax increase. They are set to scare the public and then take more money out of their pockets.”

http://www.economicpolicyjournal.com/2012/11/how-going-over-fiscal-cliff-will-affect.html

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61.2% Voted For Nobody

“That’s my tentative estimate (based on Google election result and population statistics) of the percentage of Americans who voted for nobody for President of the United States on Tuesday.  About 38.8% of the population supported one of the candidates; about 19.5% of the population supported the alleged ‘winner.’  61.2% of the population did not consent to be ruled at all, and fewer than one in five Americans consented to be ruled by Barack Obama. The figures are likely similar for most or all of the 435 US Representatives and 33 US Senators ‘elected’ on Tuesday.”

http://c4ss.org/content/14117

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I apologize for what you’re about to read

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“Even when I was in Myanmar ten days ago, local pundits were engaged in the Obamney debate. Chile. Spain. Germany. Finland. Hong Kong. Thailand. Singapore. It was inescapable.  The entire world seems fixated on this belief that it actually matters who becomes the President of the United States anymore… or that one of these two guys is going to ‘fix’ things.  Fact is, it doesn’t matter. Not one bit. And I’ll show you mathematically.”

http://www.sovereignman.com/expat/i-apologize-for-what-youre-about-to-read-9397/

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Obama urged to fulfill Guantanamo closure pledge

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“Rights groups challenged President Barack Obama on Thursday to use his second term to close Guantanamo and end drone attacks, warrantless surveillance and extrajudicial killings.  Shortly after he took office in January 2009, Obama declared that he would shutter the prison camp for ‘war on terror’ suspects within a year, saying it served as a recruiting tool for militant and hurt US national security.  Rights groups have strongly criticized the president for his Guantanamo failures and for maintaining other stringent security tactics put into practice under his predecessor George W. Bush.”

http://www.rawstory.com/rs/2012/11/08/obama-urged-to-fulfill-guantanamo-closure-pledge/

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SMBC: Evodevomocracy!

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http://www.smbc-comics.com/index.php?db=comics&id=2788

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Gary North: Boehner Has Obama by the Boondoggles.

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“I am hoping that the House will do nothing. I think that is the best we can hope for, given the fact that what Obama wants is a tax increase on the rich in order to save the Pentagon’s budget. I would rather see the Pentagon have its budget cut than to see taxes, meaning progressive taxes, meaning graduated taxes, imposed on the rich . . . or anyone else.  I would rather live with Bill Clinton’s taxes than Obama’s. Then, in 2016, Republicans can blame both of them.”

http://www.garynorth.com/public/10308.cfm

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Crony Capitalists: The Biggest Winners From President Obama’s Re-Election

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“Ultimately the biggest winners may be those who finance municipal and state debt. Owing his election to the fiscal failures of New York, Illinois and California, Obama could have to use his executive power to forestall looming bankruptcies at the local and even state level. Ironically the biggest winner here in the crony capitalist sweepstakes will be firms like Goldman Sachs, who turned so vehemently against Obama, but have historically made much of their money on financing government operations. Some people never seem to lose no matter what the result of the election.”

http://www.newgeography.com/content/003209-the-biggest-winners-from-president-obamas-re-election-crony-capitalists

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Paul Craig Roberts: The Special Interests Won Again

“Washington is controlled by powerful interest groups, not by elections. What the two parties fight over is not alternative political visions and different legislative agendas, but which party gets to be the whore for Wall Street, the military-security complex, Israel Lobby, agribusiness, and energy, mining, and timber interests. Being the whore is important, because whores are rewarded for the services that they render. To win the White House or a presidential appointment is a career-making event as it makes a person sought after by rich and powerful interest groups.  What is curious is that voters don’t understand how politics really works.”

http://www.paulcraigroberts.org/2012/11/07/the-special-interests-won-again/

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Jim Rogers: Get Ready for Cheap Money ‘Run Amok’

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“‘If Obama wins, it’s going to be more inflation, more money printing, more debt, more spending.’ Rogers told CNBC, saying he expected to sell U.S. government debt and buy precious metals, such as gold. ‘It’s not going to be good for you me or anybody else.  It looks to me like the money printing is going to run amok now, and spending is going to run amok now,’ Rogers stated. ‘I have to invest based on what’s happening and not what I would like.’  Rogers said that he didn’t vote for either Romney or Obama, saying that ‘they’re both evil as far as I’m concerned.'”

http://www.cnbc.com/id/49720105

“If Obama wins, it’s going to be more inflation, more money printing, more debt, more spending.” Rogers told CNBC, saying he expected to sell U.S. government debt and buy precious metals, such as gold [XAU=  Loading…      ()   ]. “It’s not going to be good for you me or anybody else.”

“It looks to me like the money printing is going to run amok now, and spending is going to run amok now,” Rogers stated. “I have to invest based on what’s happening and not what I would like.”

Rogers said that he didn’t vote for either Romney or Obama, saying that “they’re both evil as far as I’m concerned.”

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Julian Assange says victorious Obama ‘wolf in sheep’s clothing’

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” WikiLeaks founder Julian Assange on Wednesday described re-elected President Barack Obama was a ‘wolf in sheep’s clothing’ and said he expected the US government to keep attacking the anti-secrecy website.  Speaking to AFP by telephone from Ecuador’s London embassy, where he sought asylum in June in a bid to avoid extradition to Sweden over sex crime allegations, Assange said Obama’s victory was no cause for celebration.  ‘Obama seems to be a nice man, and that is precisely the problem,’ the 41-year-old Australian told AFP, after the president defeated Republican Mitt Romney on Tuesday night.”

http://www.rawstory.com/rs/2012/11/07/julian-assange-says-victorious-obama-wolf-in-sheeps-clothing/

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