Wall Street will stay jolly. The Gub’ment again confirmed that they are delusional narcissists that are unwilling to have the confrontation with their debt junkie constituency.
I’m partly bouyed by a ad-hoc poll on the LA Times on the fiscal cliff deal article. It’s showing 90% saying spending is the problem. That’s on the typical uber left LA Times readers.
The fiscal cliff itself was a gimme. It was taxes and a minimal $110 billion spending cut. Barely 2 cents on the dollar in cuts.
We shouldn’t worry about the cliff, we should worry about the tsunami, which is the 10% annual increases we are seeing in Medicare and Social Security.
Now, how to convert my income streams to cash and barter?
