Comments on: House abandons political rhetoric, approves Senate bill averting ‘fiscal cliff’ http://www.capitolhillblue.com/node/45849 The oldest political news site on the Internet Sat, 18 May 2013 02:13:16 +0000 hourly 1 http://wordpress.org/?v=3.5.1 By: woody188 http://www.capitolhillblue.com/node/45849/comment-page-1#comment-222327 woody188 Thu, 03 Jan 2013 16:54:24 +0000 http://www.capitolhillblue.com/?p=45849#comment-222327 It’s really hard to take Congress seriously and accept austerity measures (higher taxes for fewer services) while they simultaneously give a $13/gallon subsidy to rum producers in Puerto Rico and the Virgin Islands.

It’s really difficult to hear how seniors on Medicare will have to do more with less while telling Hollywood they can pay less taxes so long as they film in the USA in low income areas.

What message does that send to the world, that we value entertainment and liquor more than our grandparents?

]]> By: Jon http://www.capitolhillblue.com/node/45849/comment-page-1#comment-222266 Jon Thu, 03 Jan 2013 07:46:39 +0000 http://www.capitolhillblue.com/?p=45849#comment-222266 Past experience has led me to believe that when “financial markets” like legislation, it’s bad for everyone else.

I would much rather hear “The Dow plunged 1,000 points upon passage of the new law” than “The Dow rocketed up 1,000 points…”

And I just caught a snippet of this on the car radio, but as the stock market was joyously bouncing upwards after the deal, the dollar on international markets was going down again. Interesting…

J.

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