Looks like the stupid committee failed, automatic cuts to happen

[EMRGLOBAL]

It is interesting because neither side really wants a compromise.
---------------------------------

Because the are bafoons. They are all on the same side....MONEY!

This round table of idiots is not only unconstitutional but absurd. Fucking Grand Standing but now a major failure.

Any one with any money sitting in the US Market are fucking Fools.

All those with 401ks, penions, eta ll are doomed. This market will loose near 60% of its value from these levels before 2013 IMHO.

To be honest, it's every man for him self. each and every one of us better have money stashed away, own some sort of Metal, silver, gold, copper, or own the futures unless you parked them with MF global....then ur fucked.

Pay off all DEBT. Own fire arms and ammo. Look at living in states where there is zero state Tax and a little more freedom than most.

Every state is running a deficit so you have to find the ones with a better economy and a possible surplus in the future.

And enjoy life.


You can pretend all you want on ET. But when the real shit hits the fan, better be ready.

 

[Playmaker21]

Quote from EMRGLOBAL:

It is interesting because neither side really wants a compromise.
---------------------------------

Because the are bafoons. They are all on the same side....MONEY!

This round table of idiots is not only unconstitutional but absurd. Fucking Grand Standing but now a major failure.

Any one with any money sitting in the US Market are fucking Fools.

All those with 401ks, penions, eta ll are doomed. This market will loose near 60% of its value from these levels before 2013 IMHO.

To be honest, it's every man for him self. each and every one of us better have money stashed away, own some sort of Metal, silver, gold, copper, or own the futures unless you parked them with MF global....then ur fucked.

Pay off all DEBT. Own fire arms and ammo. Look at living in states where there is zero state Tax and a little more freedom than most.

Every state is running a deficit so you have to find the ones with a better economy and a possible surplus in the future.

And enjoy life.


You can pretend all you want on ET. But when the real shit hits the fan, better be ready.

If this actually happens, keep your money and don't pay off your debts. Nobody else will.

 

[ammo]

Quote from Playmaker21:

If this actually happens, keep your money and don't pay off your debts. Nobody else will.

including your brokerage house

 

[noob_trad3r]

Congress is planning on a new super-super-committee.

They plan to add a group of 6 extra members of congress to oversee the 12 in the super committee I am not sure how this will work. They hope to work till 2013.

saw it on cnbc this morning

 

[Tsing Tao]

Quote from Random.Capital:

What spending cuts? There are no spending cuts in the plan - there are no reductions, just slow downs in rate of growth.

Not to mention that, since it goes into effect in 2013, and no one congress can bind a future congress to anything, the next congress can simply paste over it and nullify it if it wants to.

 

[Bob111]

Quote from noob_trad3r:

Congress is planning on a new super-super-committee.

They plan to add a group of 6 extra members of congress to oversee the 12 in the super committee I am not sure how this will work. They hope to work till 2013.

saw it on cnbc this morning

whatever if it's committee,super committee or super super committee-they all UNCONSTITUTIONAL. there is no such a word or branch or whatever in US constitution. it 's a job of the congress,not some random picks from it. US itself as a nation should stand up and say NO to this BS. this is what OWS should do,rather than sitting down @ wall street. all of sudden-it's all quiet and ok..

 

[Bob111]

Quote from ammo:

just vote the mukerfuthers out,all dems,all reps,dont ever vote for one again,time for the dinosaur to become extinct

i give up on US voting system,when they switch to electronic system. you can vote for whatever,but it's pointless,because even teenager was able to hack and alter the results in just couple minutes. add few zeroes and it's all done...
voting should be done old fashion way-PAPER BALLOTS ONLY,filled MANUALLY,by hand.

 

[Grandluxe]

Pentagon says they will fight this like mad

 

[rew]

The automatic spending cuts are meaningless. Congress created them and congress will repeal them. They're already at work on this.

 

[Playmaker21]

Where are the consequences? These politicians are putting their own interests ahead of the lives of everyone else in the country. This is criminal behavior. If they were hired to do a certain job that seriously affects the country and refuse to do it, there needs to be some severe punishment.