Fiscal Cliff
Fiscal Cliff
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WELCOME TO FISCALCLIFF.COM, FISCALCLIFF.INFO YOUR "FIRST READ" ON ALL THINGS FISCAL CLIFF.

TRUMP'S spend, spend, spend = $$$4 TRILLION $$$  added to the national debt in 2 years. newly released GDP numbers show a failed philosophy! Tax cuts for the rich at fault.

 

Bernie Sanders Continues to Attack Hillary Clinton Over Policy Differences On 'Charlie Rose'.

 

Bernie Sanders has made clear over the course of his campaign the differences between ... In a recent interview with Charlie Rose on PBS , the independent Vermont senator...

 

Bernie Sanders: What the WSJ Got Wrong (Oct. 26, 2015) | Charlie Rose  

  https://www.youtube.com/watch?v=CXpWrKR1d94 

https://www.youtube.com/watch?v=0lkU0GmSuc8    

https://www.youtube.com/watch?v=ZbWuhxiOdGo

 

We have to agree, Hillary jumps on board the Sander Campaign,"Lifelong narrative" after she sees his

poll numbers skyrocket.

We at Fiscal Cliff.com believe she is a total phony, as soon as she secures the nomination she will return to Wall Street's, "business as usual" philosophy. 

Prosecutors weigh criminal charges against HSBC as Elizabeth Warren turns up the heat!

Standard & Poor’s Financial Services has       agreed to pay 1.375 billion to settle a        Justice Department-led lawsuit

The settlement contains no findings of violations of law by the company, notes McGraw Hill Financial , the parent company to ratings firm S&P.

Get the latest breaking news from Fortune, link below

                    http://fortune.com/2015/02/03/standard-poors-financial-crisis/

 

      Get Time's take on the settlement 

        http://time.com/3694511/sp-settlement/

12/16/2014

Get ready for the next big stock market BUST! The new budget passed, paves the way for the next round of "high risk" bank bail-outs. CITI wrote the language for the GOP's last minute insert.

Will we never learn our lesson?

 

Jon Stewart's take on the issue of, more bail-outs for high risk banks.

Heads they win, tails we lose! AGAIN

 

http://thedailyshow.cc.com/videos/be3cwo/the-grand-budget-passed-hotel

Elizabeth Warren's are only hope for the future

 

COMEDY CENTRAL'S, THE DAILY SHOW WITH JON STEWART.

Interviews

Matt Taibbi's new book.


" THE DEVIDE"


Deferred Prosecution Agreements?


Decriminalized white collar crime! What is happening to our justice system?


 http://timiacono.com/index.php/2014/04/08/matt-taibbi-on-the-daily-show/

 

These people are not appropriate for jail?

Have you been to jail? Those places are dangerous!

THIS IS HOW YOU SOLVE A FRAUD PROBLEM

Icelanders Overthrow Government and Rewrite Constitution After Banking Fraud-No Word From US Media.

http://guardianlv.com/2013/12/icelanders-overthrow-government-and-rewrite-constitution-after-banking-fraud-no-word-from-us-media/

Heavy Settle

Corporations pay the nominal price for years of systemic fraud.

 

http://www.thedailyshow.com/watch/wed-december-4-2013/heavy-settle---admissions-of-non-guilt

Maria Bartiromo finally gets her nose so far up Jamie Dimon's ass she lands a job at Fox Business News.

Watch Jon Stewart's video two stories lower on this page.

This was the job clincher!

WELCOME ABOARD MARIA! BEND OVER RUPERT.

Pulitzer Prize-winning New York Times columnist Gretchen Morgenson offers Bill Moyers a different perspective: “If the Justice Department were being tough on Wall Street they would be talking about bringing criminal cases against individuals who helped to perpetrate this immense crisis.”

 

http://billmoyers.com/segment/gretchen-morgenson-on-why-jpmorgan-chase-may-be-getting-off-easy/

The Daily Show with Jon Stewart 

 

FINALLY, SOMETHING NEW TO REPORT on FISCAL CLIFF.COM

 

The Master is back, a MUST WATCH!



 

 

http://www.thedailyshow.com/watch/wed-october-23-2013/a-nightmare-on-wall-street---jpmorgan-chase

 

 

Maybe somebody in Washington is finally growing a pair, even if nobody goes to jail, Make them pay with the only thing Wall Street understands.

ROBERT REICH'S new film, "Inequality for All" Is an Eye opening, game changer for America and Wall Street.

 

http://billmoyers.com/episode/full-show-inequality-for-all/

 

Bill Moyers is spot on as always!



                          
Jake Zamansky            

Jake Zamansky, Contributor            

        9/12/2013 @ 3:51PM             |2,236 views    

Five Years After Lehman, It's Business As Usual On Wall Street.

 

AdvertisementJake ZamanskyJake Zamansky, ContributorI write about securities lawFollow     (18)Advisor Network| 9/12/2013 @ 3:51PM |2,236 viewsFive Years After Lehman, It's Business As Usual On Wall Street.

 

http://www.forbes.com/sites/jakezamansky/2013/09/12/five-years-after-lehman-its-business-as-usual-on-wall-street/

BANKS STOCKS SELL-OFF ON NEWS OF UBS' $885 MILLION SETTLEMENT

 

http://www.dailyfinance.com/2013/07/26/ubs-fine-settle-charges-mortgage-backed-securities/

 

Still, no one goes to jail. Firms promise fast settle if no persons are charged with a crime.

 

That's the equivalent of " rob a bank and if you get caught, just give 1/100th the money back.

 

It's only illegal if you get caught, not even then!

 

 

BIG BANKS PUSHING BACK, ELIZABETH WARREN STANDS FIRM!!!

http://act.boldprogressives.org/sign/sign_glasssteagall/?akid=14210.1724789.scYmUU&rd=1&source=e5-nonsign-3mo-rest&t=1

 

THE NEW GLASS STEAGALL LAW, U.S. consumers need this protection NOW!

Over 850 TRILLION in unregulated derivatives worldwide, a ticking time-bomb!

 

GLASS STEAGALL 2

TIME TO BRING BACK ELIOT SPITZER

The only man tough enough to handle Wall Street!

 

Mary Schapiro and Lanny Breuer move through the revolving door from top government jobs, to Wall Street.  They failed to prosecute a single Wall Streeter over the 2008 disaster. Now it's home to mama.





http://www.nationaljournal.com/politics/mary-schapiro-and-lanny-breuer-give-us-the-ultimate-dog-bites-man-story-20130403

DAVID STOCKMAN'S new book 'The Great Deformation'

The Corruption Of Capitalism In America

 

The Fiscal Cliff never really went away, we just kicked it down the road.

 

http://www.washingtonpost.com/blogs/wonkblog/wp/2013/04/01/the-nihilism-of-david-stockman/

Tarp was paid back by the banks on the hides of fixed income retired Americans and savers, zero interest rates crushed the middle class savers.

Fueling the bubble is Washingtons purchasing 85 billion a month in government debt, if you hate your kids, you gotta love what Washington is doing.

 



 

03/23/2013

The former FDIC chairwoman Sheila Bair, was one of the first people to acknowledge the full risk of subprime loans, offers a unique perspective on the financial crisis in her new book, 'Bull By The Horns'.

AMERICA IS ASKING,WHY SHOULD WE CARE? FIND OUT WHY.

 



Watch this link to a very interesting interview with Bill Moyershttp://billmoyers.com/segment/sheila-bair-on-big-banks-greed-and-impunity/

 

THE NEXT FINANCIAL CRISIS IS JUST AROUND THE CORNER

Albert Einstein declared compound interest to be 'the most powerful force in the universe'

The world is on a path to destruction. We are all going to pay a terible price for our complacency.

US Debt  16.73 trillion and counting.

http://usdebtclock.org/

HBO's BILL MAHER, cuts the BULLSHIT. Can anyone really stand Ann Coulter? Please, Her nose is so far up George Bush and Dick Cheney's ass, she dosen't know where they leave off and she begins.

Real Time with Bill Maher: Overtime - Episode #262

Bill and his roundtable guests (Ann Coulter, Ben Affleck, Sheila Bair, Brian Schweitzer and Darrell Issa)

http://www.youtube.com/watch?v=XVPDuW0wQ5I

GEORGE BUSH and DICK CHENEY, BURN IN HELL!

FOR WHAT YOU DID TO AMERICA! 

IRAQ WAR 10 YEARS LATER, 2.2 TRILLION DOLLARS, 4486 US TROOPS DEAD, 31,928 WONDED IN ACTION.

MORNING JOE'S ASSESSMENT.

http://www.nbcnews.com/id/3036789/ns/msnbc-morning_joe/vp/51237921/#51237921

 03/11/13   WALL STREET JOURNAL OP-ED ARTICLE

HOW TO SHRINK THE ' TOO BIG TO FAIL' BANKS

http://online.wsj.com/article/SB10001424127887324128504578344652647097278.html

 

DODD-FRANK IS CLEARLY NOT WORKING, A NEW APPROCH IS NEEDED, "TOO SMALL TO SAVE".

WHAT KIND OF SCUM IS REPRESENTING US IN WASHINGTON.

BOB NEY'S NEW BOOK, SIDESWIPED.

 



http://video.msnbc.msn.com/msnbc/51118035#51118035

 

THE HIT MEN OF CAPITAL HILL

TOO CROOKED TO FAIL

Old Story on bank stress testing, but still VERY relevant today. Our old friends Dylan Ratigan and Matt Taibbi explain how bad we got screwed by our government and the banking system. Never forget what K-street can pull-off.

5% capital reserves, what a JOKE!   MSNBC please, bring back The Dylan Ratigan Show!

http://www.nbcnews.com/id/3036789/#46738309

COMEDY CENTRAL HITS THE MARK    03/05/2013  WE'RE GOING TO MISS JON DURING HIS 4 MONTH GAP!

 http://www.hulu.com/watch/463859#http%3A%2F%2Fwww.hulu.com%2Ffeed%2Fshow%2F902

 

 PHILIPPE LAMBERTS

 OUR LATEST HERO, MUST READ!

THE MAN THAT BROKE THE BANKS

FINANCIAL TIMES 

                                              http://edition.cnn.com/2013/03/01/business/eu-bank-bonus-cap/

Prosecutors, Shifting Strategy, Build New Wall Street Cases.   nytIMES OP-ED

Collateral Consequences "It's a game of chicken" And the government will always blink first.

http://dealbook.nytimes.com/2013/02/18/prosecutors-build-a-better-strategy-to-go-after-wall-street/

 Our old friend Lanny Breuer can't bail fast enought from his old job as the Head of The Justice Department. We're still waiting to see where he goes to work, heads Wall Street, Tails K-Street.  02-19-2013

Sen. Warren used her first appearance to GRILL federal regulators on "too big for trial".

 Our hero of the day award goes to Elizabeth Warren.

Fines, cost of doing business in America? Getting away with murder!

Look for the banking industry to pull out all the stops to destroy her career.

 

Do you have any idea how discouraging it is to report on Fiscal Cliff issues? Then you have a day like this!

 

http://www.npr.org/blogs/thetwo-way/2013/02/14/172045516/watch-sen-elizabeth-warren-grills-regulators-on-taking-banks-to-trial

NEIL BAROFSKY NEW TELL-ALL " How Washington abandoned main street" to save Wall Street.

 TARP was a sham from it's very begining, never meaning to help homeowners, just a program designed  to save the very institutions that caused the financial meltdown.

Watch this link to The Daily Show with Jon Stewart's interview with special inspector general of TARP Neil Barofsky. This guy is a true American HERO!

http://www.thedailyshow.com/watch/thu-february-7-2013/neil-barofsky

I recall a interview years ago on Dylan Ratigan's MSNBC show where Neil said that there were hundreds of indictments ready to refer to the Justice department.

 Now I know why it never happened. 

The buck stops here, no "go along to get along" by this guy.

LACK OF ACCOUNTABILITY BY OUR GOVERNMENT POLICING THE BIG BANKS

  MATT TAIBBI TALKING WITH BILL MOYERS ABOUT ALL THE ELITE FINANCIAL CROOKS

TOO BIG TO JAIL 





http://billmoyers.com/segment/matt-taibbi-on-big-banks-lack-of-accountability/

FISCALCLIFF.COM FISCALCLIFF.COM FISCALCLIFF.COM FISCALCLIFF.COM FISCALCLIFF.COM

RBS Securities Japan Limited Agrees to
Plead Guilty in Connection with
Long-Running Manipulation of LIBOR Benchmark Interest Rates



http://www.fbi.gov/washingtondc/press-releases/2013/rbs-securities-japan-limited-agrees-to-plead-guilty-in-connection-with-long-running-manipulation-of-libor-benchmark-interest-rates

GOVERNMENT FILES CHARGES AGAINST S&P, OTHER AGENCY'S SOON TO FOLLOW. IT'S ABOUT TIME!

Who wins, who loses.

http://dealbook.nytimes.com/2013/02/04/u-s-and-states-prepare-to-sue-s-p-over-mortgage-ratings/

WHY MARY JO WHITE IS THE WRONG PICK TO HEAD THE SEC.

 

http://management.fortune.cnn.com/2013/01/30/mary-jo-white-sec-obama/

THE NEW YORK TIMES LATEST OP-ED Paul Krugman's FRIENDS OF FRAUD   

OBSTRUCTIONISM The GOP's FINANCIAL STRATEGY CONTINUES!

 2/4/2013  When the fraud elites control rule making, ALL IS LOST!



 

http://www.nytimes.com/2013/02/04/opinion/krugman-friends-of-fraud.html?_r=1&

MARTIN SMITH'S INDEPTH DOCUMENTARY "THE UNTOUCHABLES" IS TRUELY, OSCAR WORTHY!

 NEW DOCUMENTARY ON PBS.ORG/frontline  PREMIERES 1/22/2013                 

 THE UNTOUCHABLES          

"Fraud Was.... the F-Bomb"

http://www.pbs.org/wgbh/pages/frontline/untouchables/

It's not to late to PROSECUTE THE FRAUD

 TIME IS RUNNING OUT!

 

THOSE WHO IGNORE HISTORY ARE DESTINED TO REPEAT IT!

OR MORE APPROPRIATELY SAID

THOSE WHO FAIL TO PROSECUTE HISTORY, ARE DESTINED TO RELIVE IT!

 

OTHER PBS STORIES ON THIS SUBJECT  http://www.pbs.org/wgbh/pages/frontline/money-power-wall-street/

 

 

CROOKS AND THOSE WHO PROTECT THEM

 DOJ Criminal chief Lanny Breuer, stepping down after doing nothing to prosecute Wall Street criminals! We here at Fiscal Cliff, are holding our collective breaths waiting to see what bank or K-Street firm he goes to work for! THIS IS AMERICA BABY!  We will keep you informed on his career path. $$$$

Mr. Breuer reminds me of the lier bit Martin Short (Nathan Thurm) did on Saturday Night Live.

http://www.youtube.com/watch?v=98MNisZJyFI   http://www.youtube.com/watch?v=FOLBQxk72NY

 

Lanny Breuer stepping down link.

http://www.pbs.org/wgbh/pages/frontline/business-economy-financial-crisis/untouchables/report-doj-criminal-chief-lanny-breuer-stepping-down/

So you believe the FISCAL CLIFF controversy is over or nearly over? Think again! The Jan/Feb issue of The Atlantic, tells us the real story about what's in our future. What's inside America's banks? A 11 page scathing review of a best of breed finanical institution (Wells Fargo). I was personally horrified as to the content of this article. I now believe that a return to the Glass-Steagall Act is desperately needed to save us all from Wall Street's insatiable greed, which in turn will lead our economy to a catastrophic failure much worse than 2008.

 

The Glass-Stegall Act of 1933 " was the single most influential piece of legislation of the 20th century," surprisingly it was only 37 pages. It was eliminated during the Clinton administration (1999), with the help of Bill Clinton, Larry Summers, Alan "I was wrong" Greenspan, Bob Rubin, and a person I use to refer to as the (hero of the small investor) Arthur "take on the street" Levitt. Let history judge these person's very harshly for what they did to Brooksley Born!(CFTC) This was not just a republican made mess, both parties contributed greatly!

 

In contrast 2010's Dodd-Frank law was 848 pages and required regulators to create so many new rules (not fully defined by the legislation itself) that it could amount to 30,000 pages of legal minutiae when fully codified.

 

The two investigative journalist who co-wrote this article, Frank Partnoy and Jesse Eisinger were on MSNBC's Morning Joe 1/08/2013 discussing their Op-Ed article. I found the're indepth knowledge on the subject matter, truely inspiring.

Frank Partnoy is a law and professor at the University of San Diego and the author of Wait: The Art and Science of Delay. Jesse Eisinger is a senior reporter at ProPublica and a columnist for The New York Times Dealbook section. 

Welcome To FiscalCliff.com and FiscalCliff.info
Why build a brand when you can Buy One.

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It’s not too late for America, it’s not too late to save the future for our children and our grandchildren.

We were the first to realize the significance of the term “Fiscal Cliff.” Let the political Super PACs that purchased FiscalCliff.net, .org, .co, .biz, .us URLs fool themselves into thinking they can use it to better their political policies. The real truth is, they were late to the game and we will receive 35 percent of their directed traffic due to mistyped URLs.

 A deal on the Fiscal Cliff is not the end of the controversy, it is just the beginning.

Years of tough choices lie ahead for us, many Fiscal Cliff deadlines will come and go, each with devastating consequences for the American public and world economies.

The phrase “Fiscal Cliff” will be used universally throughout history.

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This money/Debt creation video will change your financial future, you can skip the first 4:22, the next 21:00 is the most informative video you'll ever watch. 

It all becomes so clear when you understand why Booms and Busts in our economy happen. It's built in.

DURING MY INVESTING CAREER (35 YEARS), I HAVE WITNESSED 7 STOCK MARKET CRASHES. THIS VIDEO EXPLAINS WHY WE WILL CONTINUALLY FACE FISCAL CLIFFS IN OUR ECONOMY WITH REGULARITY.

MONEY CREATION AND THE WAY IT'S GOVERNED IS SIMPLY EXPLAINED IN THIS 25 MINUTE VIDEO. TRUST ME, YOU WON'T BE SORRY YOU TOOK THE TIME TO WATCH. THIS VIDEO CHANGED MY DEBT OUTLOOK, IT WILL CHANGE YOUR FINANCIAL FUTURE FOR THE BETTER. INFORMATION IS POWER!

YOU CAN SKIP THE FIRST 4:26 IF YOUR PRESSED FOR TIME, THE FOLLOWING 21+ MINUTES ARE UNBELIEVABLE.   PLEASE TAKE THE TIME!!!!!!

http://www.usdebtclock.org

This link will take you to a scary place, the U.S. debt clock. Keep in mind how we pay for this, a hidden tax on everyone called INFLATION! Watch the video.

Fiscal Cliff Notes:

Let's not confuse the Fiscal Cliff deadline with other much-hyped non-events like Y2K. The deadline on the fiscal cliff will have dyer consequences even if Washington agrees on a compromise. Your retirement planning just went out the window, your personal finances including charitable contributions, 401k planning, itemized deduction limits (mortgage interest "limits") yes we said limits on everything, retirement age gaps, a change in the CPI index to the new Chained CPI. 

Our debt binge, Wall Street and K-Street corruption, QE1-QE2-QE3 ect. promises hyper inflation and the inevitable recession that's soon to follow.

Our kick the can government, special interest, via Citizens United, and our citizens insatiable desire for everything money can buy. What were we thinking?

Let's face it our economy is never going back to the Bush era bubble, It's time to pay up and it's going to be painful, very painful!

Future tax hikes and budget cuts that are sure to cripple our nations economy and the worlds economies, Wall Street's flying high now but the next crash will make the 2007 decline look like child's play, our ability to print our way out of it will never work again.

Reinstating the Glass Steagall act is the ony way to minimize the next crash, it may already be too late to save us.

 

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