It’s official. We’re going over the cliff. I’m so sick of hearing about this shit I could puke. Yet, I might as well go to the bank, take out $2000 and light a match to it, because I’m out $2000 more in taxes a year, thanks to the idiots and criminals in Washington, and so are you.
And to add insult to injury, Medicare reimbursement rates just dropped 30%. So, many of the geezers on Medicare may not be welcome any longer at their doctors offices. See, a doctor can’t break even on what Medicare is now paying.
The average Joe in this country is going to see his taxes go up, and, when you add in Obamacare taxes, you could be taxed $5000 a year more. The new taxes coming are too numerous to mention, but it’s safe to say we’re all going to get our pockets cleaned out. At this point I don’t really give a fuck.
I’m glad Senators and Congressmen just got raises, they deserve the extra cash, they earned it. It’s going to be raining money with all the new taxes. And, we just crashed through the debt ceiling. More tax money, and more borrowing to keep our fetid, corrupt, tyrannical POS socialist government afloat awhile longer.
US To Officially Go Over The Fiscal Cliff
Submitted by Tyler Durden on 12/31/2012
As we forecast back in November, it is now official that the House will not vote on any deal out of the Senate, assuming there is one which there won’t be of course, later today, which means America will officially slide off the Fiscal Cliff. And now cue everyone being very hopeful and optimistic a deal will get done momentarily, if not sooner, in 2013. Of course, we all know just how far optimism takes America’s dysfunctional Congress. The biggest irony in all of this is that the only winners today were the much hated “1%”-ers, whose taxes may or may not go up, who just got to book major year end profits on this last minute ramp. The remainder of America’s population can quietly look forward to 2013 with “hope” and “optimism” that in 2013 Congress will finally stop being dysfunctional. Good luck. Oh, and before we forget, America just breached its debt ceiling: now the pillaging of various government retirement funds begins.
Finally, since the US is now officially over the cliff, does this mean that Ben Bernanke can finally get to work? Recall his words:
“if the economy actually went off the fiscal cliff, our assessment, the CBO’s assessment, outside forecasters, all think that that would have very significant adverse effects on the economy and on the unemployment rate. And so, on the margin, we would try to do what we could. We would perhaps increase a bit.”
Is it time to increase QE just “a bit” then?