The ECB, IMF, Sakozy and Merkel may as well forget their Greek problems as small fry now, as Italy and Spain are on the cliff top and about to tip into the abyss and, if they do, France will likely follow.
One of the proposals that has received attention in Washington talking head discussions about how a compromise might be reached between Democrats and Republicans on the fiscal cliff and federal budget is one that argues for cutting back or eliminating the tax break the 401(k) deduction.
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With rumors over the future of Ben Bernanke at the Federal Reserve dissipating, and investors preparing for another all-out political battle on the fiscal cliff and the debt ceiling, yields could drop even further, to 1.5% or below, according to Barclays.
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The market has become very sensitive to headlines over the past couple years, and all it took Friday for the reversal was an indication that talks between Democrats and Republicans on the fiscal cliff were constructive.
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His latest speech on the debt ceiling crisis and his speeches on the fiscal cliff have shown him to be as much a part of the broken system in Washington as anyone else.
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He won on the fiscal cliff and he is riding high on the popularity of his social policies.
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The argument worked and Republicans caved on the fiscal cliff, so they would cave again.
With the stock falling off a cliff on Wednesday, and the risk of the fiscal cliff unsettling markets, Pandora appears as a risky bet.
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Everyone rightly is worried about the fiscal cliff and the effect that going over the cliff would have on the economy.
The Republicans and Democrats are currently shuffling deckchairs on the titanic with their discussions about budgets and the Fiscal Cliff.
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From Wall Street to Main Street, the most powerful men in the American private sector are throwing their weight around and pressuring Congress on the fiscal cliff.
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The bodies were eventually washed back into towards the foot of the cliff and a team member was put down the cliff on lines in order to recover them.
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Negotiations and machinations from the U.S. lawmakers on the fiscal cliff matter will be very closely scrutinized and parsed in the coming few weeks.
The 2011 Budget Control Act, which raised the debt ceiling and created both the fiscal cliff and a Joint Select Committee on Deficit Reduction, which was supposed to find a way to steer clear of it, required four hundred and eighty-seven billion dollars in cuts to military spending, spread over the next ten years.
Blankfein and Jamie Dimon of JPMorgan Chase ( JPM) have recently taken to the public to sound the alarm bell on the cliff and investors should listen.
In ancient times, the Dharug Aboriginal tribe came to this part of the Hawkesbury to fish and perform ceremonies, leaving carvings on the cliff rock that can be seen from the river.
But in October 2010, he made headlines when he was charged with domestic violence after an incident with his girlfriend, and then hours after his arrest he drove off a cliff and crashed on the beach.
U.S. investors are also buyers, focused in part on the European issues but even more-so on the fiscal cliff and potential for another recession, Brooks continued.
The on-and-off negotiations over the fiscal cliff have been tedious and incremental.
Gold, however, on the back of the cliff deal and the FOMC minutes later in the week, showed its sixth straight down week in a row.
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Stocks have been rising close to record levels after lawmakers reached a budget deal to prevent the U.S. from going over the "fiscal cliff, " and on optimism that the housing market is recovering and that firms are slowly starting to hire more workers.
George Gero, vice president with RBC Capital Markets Global Futures and a precious metals strategist, said the dragging on of the fiscal cliff debates in Washington over automatic spending cuts and tax increases is taking a toll.
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The world is looking on, agog, and wondering why the United States seems intent on jumping off this cliff.
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Economic growth has been subpar and companies, fearing uncertainty and the fiscal cliff, have sat on their massive cash piles, refusing to hire or expand.
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The tax increases were part of a package agreed between Republicans and Democrats in Congress on the eve of the "fiscal cliff" - a far more draconian set of tax rises and spending cuts that had been due to take effect on 1 January, had no deal been reached.
Theoretically it would be possible to avert the entire affair by accidentally rolling a boulder off a cliff and this landing on the main antagonist.
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He points out that Art Levine reported on the Huffington Post that Fitrakis and attorney Cliff Arnebeck are trying to block the use of the new software.
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All recent descriptions of the U.S. and global economies as tottering on the edge of a cliff are irresponsibly overstated.
Among the favourites for the Golden Lion are Japanese directors Takeshi Kitano, with Achilles and the Tortoise, and Hayao Miyasaki, for the animated feature Ponyo on the Cliff by the Sea.
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