Remember all the talk surrounding TARP and the need to act
immediately to avoid a financial collapse of historic proportions? I mean,
the stock market lost nearly 800 point in one 24 hour period. Several trillion dollars were “lost” to the
economy. Well, three/four months later, that same market, one that we “rescued” from the pits of
hell, had lost a total of more than 4,000
points -- trillions upon trillions !!
AND, we all
survived.
Now, “they” are telling us much the same about the “fiscal
cliff.”
Understand this, the “fiscal
cliff” is not a bottomless pit. Not at
all. It’s “bottom” is the sequester agreement. We all know where we are going, we just don’t know the total impact of that
journey.
With TARP and all that surrounded that issue, no one really knew what was about to
happen. On this occasion (the fiscal cliff), we all know.
And what a deal. The
fiscal system will receive the “adjustment” it is in need of, entitlements and all, while each side of the political aisle blames
the other for action no one had the courage to take, in the first place.
This time, there is a
sense in which the impending crisis
benefits all of our national leadership while giving them the perfect
cover.
We will know by next Tuesday, how accurate this particular conspiracy
theory is.
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