If extending tax cuts is good... why would the treasuries market drop?

Discussion in 'Politics, Religion, Social Issues' started by mcrain, Dec 8, 2010.

  1. mcrain macrumors 68000

    mcrain

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    #1
    Reuters
     
  2. fivepoint macrumors 65816

    fivepoint

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    #2
  3. rdowns macrumors Penryn

    rdowns

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    #3
    You two should get a public access cable show. I'd watch.
     
  4. Eraserhead macrumors G4

    Eraserhead

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    #4
    @McCain while the tax cuts for the rich are a waste of money a significant part of it is that the cuts run out right around the 2012 election.
     
  5. leekohler macrumors G5

    leekohler

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    #5
    No, thanks.
     
  6. MacNut macrumors Core

    MacNut

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    #6
    Would make for a great podcast.
     
  7. fivepoint macrumors 65816

    fivepoint

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    #7
    Just because I'm a glutton for punishment... what would the show be called? ;)
     
  8. Rt&Dzine macrumors 6502a

    Rt&Dzine

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    #8
    The catch phrase would be . . .

    5P takes a lickin', but keeps on tickin'
     
  9. MacNut macrumors Core

    MacNut

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  10. mcrain thread starter macrumors 68000

    mcrain

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    #10
    Aaa --> aa?

    MSNBC

    Talking about, running on, and campaigning on tough choices is one thing, but actually doing something is going to require a lot more compromise (both parties, although the GOP mostly). The "we are right, you must do what we say" attitude has to end or Washtingon is going to seriously, and maybe irreversibly, damage this country.
     
  11. Zombie Acorn macrumors 65816

    Zombie Acorn

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    #11
    The republicans have been stiff arming the democrats since Obama took office, the people sided with the Republicans in the mid-terms.
     
  12. itcheroni macrumors 6502a

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    CA
    #12
    We've been on this road for a long time. We're going to continue on it because it's too late to correct it. The government needs to cut spending. If they had simply expired the Bush tax cuts but kept spending, it would have been just as bad. Deficit spending and an economy based on consumer spending, among many other reasons, are what got us here. The politicians will not help us.

    This, of course, is another reason to hold some gold. I don't buy it because of uncertainty. Quite the opposite.
     

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