In about one hour when the Stock Market opens and your 401K again tanks, you can thank the Republican Party, the party of the UBER RICH and ELITES. Grover Norquist is the puppeteer in this grand Greek Tragedy, but it is the American middle class who will suffer because of his pledge. It is he and he alone that is holding the reins, keeping the Republicans in line as the world observes our nation's inability to reach compromise and consensus. The DOW lost three percent of its value last week as news began leaking out that the Republican obstructionist and their "No New Taxes" pledge threatened the Super Committee's ability to make a deal. Stocks today are already trading significantly lower ahead of the opening bell...look for a day of triple digit losses, look for plummeting 401K balances, and as you do, thank the Republican Party and one Grover Norquist when your retirement accounts have again been decimated.
If it is going on in Mountaindale New York, chances are you will find it in this blog. All opinions expressed, political or otherwise are those of the blog owner or other guest authors. We believe in the First Amendment, all views and opinions are welcome...so, lets have some lively debate. Send articles and press releases to marcwoodsocialimaging@gmail.com We Serve Mountaindale, Town of Fallsburg, Sullivan County and the Greater Hudson River Valley
Monday, November 21, 2011
Surprise, Surprise....Super Committee FAILS to Reach Deficit Deal
In what should be no surprise, the Congressional Super Committee charged with coming up with $1.2 Trillion dollars in debt reduction has failed to reach compromise and solution...the deal breaker (if we all want to be honest)...tax increases for the richest Americans (those earning over $1 Million a year). Even after the Democrats put $600 Billion dollars worth of reductions in such social services as Medicare/Medicaid, the Republicans refused too put their own marker on the table deciding it was more important for them to keep their pledge (signed) with a mega-rich Campaign Donor and Lobbyist.
In about one hour when the Stock Market opens and your 401K again tanks, you can thank the Republican Party, the party of the UBER RICH and ELITES. Grover Norquist is the puppeteer in this grand Greek Tragedy, but it is the American middle class who will suffer because of his pledge. It is he and he alone that is holding the reins, keeping the Republicans in line as the world observes our nation's inability to reach compromise and consensus. The DOW lost three percent of its value last week as news began leaking out that the Republican obstructionist and their "No New Taxes" pledge threatened the Super Committee's ability to make a deal. Stocks today are already trading significantly lower ahead of the opening bell...look for a day of triple digit losses, look for plummeting 401K balances, and as you do, thank the Republican Party and one Grover Norquist when your retirement accounts have again been decimated.
In about one hour when the Stock Market opens and your 401K again tanks, you can thank the Republican Party, the party of the UBER RICH and ELITES. Grover Norquist is the puppeteer in this grand Greek Tragedy, but it is the American middle class who will suffer because of his pledge. It is he and he alone that is holding the reins, keeping the Republicans in line as the world observes our nation's inability to reach compromise and consensus. The DOW lost three percent of its value last week as news began leaking out that the Republican obstructionist and their "No New Taxes" pledge threatened the Super Committee's ability to make a deal. Stocks today are already trading significantly lower ahead of the opening bell...look for a day of triple digit losses, look for plummeting 401K balances, and as you do, thank the Republican Party and one Grover Norquist when your retirement accounts have again been decimated.
Comments by IntenseDebate
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Surprise, Surprise....Super Committee FAILS to Reach Deficit Deal
2011-11-21T08:36:00-05:00
Editor-Blog Activist
Anna Kurtz of Mountaindale|Elite|Fallsburg NY Politics|No New Taxes for RICH PEOPLE|Sullivan County Wealth|Super committee Failure|Uber Rich|We got ours|
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