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Thread: White House Gives In On Bush Tax Cuts

  1. #1

    Default White House Gives In On Bush Tax Cuts

    I have not seen the overnight futures react to this, but it has to be good news for the market...

    Fox News: White House Concedes on Upper Income Tax Cuts

    Huffington Post: White House Gives In On Bush Tax Cuts
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.


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  3. #2

    Default Re: White House Gives In On Bush Tax Cuts

    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

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  5. #3

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    Default Re: White House Gives In On Bush Tax Cuts

    Don't count your chickens before they are hatched.

    http://online.wsj.com/article/SB1000...524235254.html

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  7. #4

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    Default Re: White House Gives In On Bush Tax Cuts

    Quacky Quacky, it's up to the Lame Ducks, not up to the President. He can say whatever he wants but until there's movement in Congress all bets are off.

    It could be anything from extend the tax cuts indefinately (wait till you see the math since all calculations up to now end them now) to Gridlock and Nothing happens (OUCH!) or hopefully something in-between.
    "All the prophets of Doom, Can always find room, In a world full of worry and fear..." - Protest Song, Monty Python

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  9. #5

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    Default Re: White House Gives In On Bush Tax Cuts

    I think Obama should just resign. He has no credibility left. Biden would do a better job. The American population that counts has spoken.

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  11. #6

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    Default Re: White House Gives In On Bush Tax Cuts

    Quote Originally Posted by Birchtree View Post
    I think Obama should just resign. He has no credibility left. Biden would do a better job. The American population that counts has spoken.
    The population has spoken on taking the incumbents out of Congress. Biden, as good of a policy wonk as he is, has public moments of foot in mouth, which can be corrected in a one on one, but not very correctable on TV where they become two second soundbites (disclosure - I voted for Biden in the Primary).
    "All the prophets of Doom, Can always find room, In a world full of worry and fear..." - Protest Song, Monty Python

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