The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Tommaso who wrote (33567)	12/16/2010 10:09:31 AM
From: zamboz	Read Replies (1) of 71456

Part of the opposition stems from anger over Obama's negotiation style. He always begins negotiations by giving away half the store. Anthony Wiener called it "punting on third down". Franken upped that to "punting on first down". Add to that the demeanor of the Republicans who have made the Dems feel they have been held hostage. In the end, Obama traded tax cuts for the rich at $76 billion for extending unemployment assistance at about $50 billion. Not too bad. Some also see risks to Social Security in giving a tax holiday for that program. If I knew the economy would be okay, I would rather see the tax cut bill fail and see progress towards lowering the deficit. Some Republicans may want to see the deficit worsen so that all the New Deal programs can be more easily eliminated.

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