InvestorsHub Logo
Followers 113
Posts 13225
Boards Moderated 0
Alias Born 07/07/2002

Re: Iggy_Bot post# 202024

Friday, 11/19/2010 7:28:46 PM

Friday, November 19, 2010 7:28:46 PM

Post# of 447835
h24ever...

pelosi and reid are going to play hard ball, obama chicken out and handed everything over to pelosi and reid i say right now the tax cuts will not happen just like healtcare here we go again, when the repubs take over in Jan they will pass the tax cuts....



You are forgetting the reality of the political situation. If a compromise of some sort cannot be fashioned during the lame duck session, the new republican house will be able to do nothing on its own. When the new congress convenes, the republicans in the house can pass whatever they want, but unless the even more solidly radical liberal democrats under reid in the senate agree, nothing will be done.

For the next two years, all the conservatives in the house can do is to block new legislation from becoming law -- they can enact no new laws by themselves. But hey -- that is far better than having the American People totally at the mercy of obama and friends' radical far left agenda.

There will be some compromises here and there, but hopefully the overall forecast for the next two years is gridlock.

mlsoft

"As for me and my house, we will serve the Lord" -- Joshua 24:15

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.