Look out......

Oba mama frees the gays and all Hell breaks loose as the born again crowd screams WE AIN'T NO BIGOTS we just don't want these things to marry.

In the meantime the economy takes a nose dive because the working stiff is still unemployed and broke and the gang in Washington wants it that way.

 

IGNORE THE FISCAL CLIFF AT YOUR OWN PERIL | PRAGMATIC CAPITALISM

In addition to the economic slowdown, the continued housing crisis, the endless turmoil in Europe and the deceleration in China and India, we are moving closer to the period where the so-called ‘fiscal cliff’ will become more of a threat to the market.  The fiscal cliff refers to the near-simultaneous January 2013 expiration of the Bush tax cuts, the payroll tax cuts, emergency unemployment benefits and the sequester established in last summer’s debt limit agreement.  Various estimates have indicated that the hit to GDP could be as high as 4%.  Many on Wall Street dismiss these concerns on the grounds that Congress and the administration will simply extend everything and, once again, ‘kick the can down the road’.  That may eventually happen, but it won’t be easy.