The Fiscal Cliff is a Hoax and a Scam

The Fiscal Cliff is a Hoax a Scam just another buzz word used by the media and political crooks to legally steal more money from the civil populace once again.. Don't fall for their controlling games of less liberties for US and more power for them! KEEP YOUR GUNS AND STACK ON THE REAL MONEY GOLD and SILVER ...taxing the rich is not a solution cause the rich have all their money overseas in off shore heavens , taxing the really rich people is nothing more than something that the really rich just laugh at. The really rich do not own their own home in their name, their car, their jet, almost anything and everything they have is given by the company. If the rich are really smart, they do not even have a steady income of any kind what so ever to tax. If it were to be taxed, the really rich call their lawyers write up a law and hand it to their controlled politician.

The Real Truth About the Fiscal Cliff

What exactly is going to happen when the fiscal cliff hits on January 1, 2013?

The "fiscal cliff" is a package of expiring tax cuts and federal spending cuts passed by congress during the last budget battle. $600 billion in combined tax increases and spending cuts will hit suddenly. The cuts would slash the budget deficit in half, but potentially pull the economy into another recession, according to many economists. Republicans and Democrats are currently racing against the clock to come up with a deal to avoid this scenario. Despite the few days remaining, they have not been able to agree on the details of an alternative to the fiscal cliff scenario. But are their plans so different? The difference in savings may not be as significant as you think. For more great articles, videos and commentary from top economic minds, visit http://dailyreckoning.com