The Roanoke Slant

This file is a very brief journal and scrapbook and LTEs of some examples of the Roanoke Times slant. Comments to: lbhagen@roanokeslant.org

Thursday, December 27, 2012

 

Fiscal-Cliff Just A Speed Bump?

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Roanoke Times, 12-27-2012, Pg 1,3: Fiscal cliff has rounded edge and Geithner tries to delay hitting borrowing limit.
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Thousands of “news” stories, millions of written and spoken words and we now are told that the fiscal-cliff isn’t that serious and there’s lots of time to “do something” and all is not lost.
IS THIS Y2K REVISITED OR WHAT?
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This was not all for naught. We have learned some stuff.
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* We hit the current debt-ceiling on Dec 31st. How can this be “new” news? No wonder Obama is demanding that Congress give him the right to an “unlimited” debt limit. Talk about the audacity of financial recklessness. There’s clearly no limit to the debt Obama is willing to inflict on our economy and future generations. Just think what productive things we could be doing with the interest payments on $16 TRILLION dollars of debt!
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* Obama and the Democrats are now all for the Bush Tax Cuts! Up to now they labeled them as “just for the rich”. They now say dropping Bush and going back to the Clinton tax rates will be a massive impact to middle income people. Talk about an immaculate event at Christmas time.
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* The leading edge of the tsunami of ObamaCare taxes and fees start to kick-in in January and Democrats are scrambling to get them delayed. Wouldn’t want the public to think that all this stuff isn’t free. Employers are planning to abandon their health care programs and limit employment. Looks like the only new jobs will be the 16,000 IRS agents that are being hired for ObamaCare.
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* The Obama fixation on taxing the rich is purported to bring in ‘8 days worth of Federal spending’ highlighting yet again that we have a “spending problem” and not a “taxing problem”. Obama’s vision for American to look just like Europe is right on schedule.
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* The media is so appreciative that Obama is “cutting short” his Hawaii vacation to come back to DC to resolve the cliff thing. They didn’t even notice that Obama was off to a Nevada fund-raiser the morning after our people were killed in the Libya-Benghazi Radical Muslim Terrorist attack. Our Pravda media coverage is so selective.
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The Obama Financial Team Managing The Fiscal-Cliff
(A snowball headed for hell!)
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Obama Economics: Success Is 350,000 Dropped From Workforce And Don’t Sweat The Cliff
http://roanokeslant.blogspot.com/2012/12/obama-economics-success-is-350000.html
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