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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: Wade who wrote (39592)12/4/2012 11:52:47 PM
From: Wade  Respond to of 48092
 
Recap:

A Budget that can't be balanced!

youtube.com



To: Wade who wrote (39592)12/5/2012 12:04:12 PM
From: Wade  Respond to of 48092
 
Got this from Sinclair's site today:

Do You Live In A Death Spiral State?

forbes.com

Don’t buy a house in a state where private sector workers are outnumbered by folks dependent on government.

Thinking about buying a house? Or a municipal bond? Be careful where you put your capital. Don’t put it in a state at high risk of a fiscal tailspin.

Eleven states make our list of danger spots for investors. They can look forward to a rising tax burden, deteriorating state finances and an exodus of employers. The list includes California, New York, Illinois and Ohio, along with some smaller states like New Mexico and Hawaii.

If your career takes you to Los Angeles or Chicago, don’t buy a house. Rent.

..more



To: Wade who wrote (39592)12/6/2012 10:19:59 AM
From: Wade  Respond to of 48092
 
We'll Fall Off 'Cliff' If Taxes Don't Rise: Geithner

finance.yahoo.com

Treasury Secretary Timothy Geithner told CNBC Wednesday that Republicans are "making a little bit of progress" in "fiscal cliff" talks but said the Obama administration was "absolutely" ready to go over the cliff if the GOP doesn't agree to raise tax rates on the wealthy.

"I think they're making a little bit of progress," Geithner said of the Republican proposal released on Monday calling for $800 billion in new tax revenue. "They're clearly moving and figuring out how to try to move further."
But the Treasury secretary insisted that there can't be any deal without raising tax rates on the top 2 percent of wage earners.

"What we're trying to do is put in place a comprehensive, balanced set of fiscal reforms that put us back on the path of living within our means," Geithner told "Closing Bell."

..more

The real danger is the Republican party falls of the Cliff, instead of the fiscal stuffs, if they can't see the problems we are facing. ... ha