by Mike Shedlock
MISH’S Global Economic Trend Analysis
Here is a post on Facebook a couple days ago that is worth a read in entirety. I will post the entire article along with a few thoughts.
We Are Already Over the Fiscal Cliff by Ron Paul
Despite claims that the Administration and Congress saved America from the fiscal cliff with an early morning vote today, the fact is that government spending has already pushed Americans over the cliff. Only serious reductions in federal spending will stop the cliff dive from ending in a crash landing, yet the events of this past month show that most elected officials remain committed to expanding the welfare-warfare state.