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The cliff so that he can reap the benefits of all of the tax revenues that would be had by everybodys taxes going up? >> i think that is historical revisionism of a very current type. he is already trying to spin this because i think it is clear from the polls that most americans want a deal. they want a compromise. at the moment are blaming republicans and so i think that what he is trying to do at this point the president is delighted to go over the cliff because he see political advantage. gr...

Voting on whatever package they come up with. now that were days away from actually going off the fiscal cliff where these automatic massive spending cuts as well as large tax increases got into effect you have to have low expectations. it appears the white house is very confident in waiting for the republicans to make the next move. they keep saying inside the white house this is up to the republicans. theyre the impediment here. when you listen to senate republican leader mitch mcconnell he ba...

Wogs point. >> he was better teacher than i was a stipt. he remembered my difficulty with anything mathematical. he had a degree from the university of southern california mechanics. he was very high in his class, the class of 56. he was very bright. most people dont understand. he had an iq north of 170. in spite of that bluster and this big giant soldier, there was a very deep, teaming intellect there. he studied history. he was a student of military history. he surrounded himself with bright ...

Anything. republicans are kind of holding their ground at this point and i believe that means there is a deal this weekend, if something happens in the white house today, it will require democrats to either change their stance on taxes and also include a promise of cuts and entitlement reform. otherwise, we really are looking at january 1 and the fiscal cliff happening. in which case a resolution wont happen until the new congress comes into session on january 3rd. gregg: thats right. weve been ...

Hold on a minute, do not walk off the job. weve got to intervene in this situation. that is seen as unlikely. the president doesnt want to get involved in this. if he did, then the existing contract will be put at a standstill. that would be to the advantage of the employers. not to the advantage of the unions. this is a very pro-union administration. it is therefore unlikely that the president with step in at this point. a strike, as of now, seems very likely, patti ann. patti ann: stu varney, ...

Have to make the case to a lot of people this is what the left has to give in order to get speaker boehner, leader mcconnell, to say to his troops this is a good deal for us. this is the best we can get at this point. second thing i would mention to you, he also has said he is willing to hold hands with republicans in terms of some changes to medicare eligibility age, which is not going to be popular with americas seniors. a lot of people will scream bloody murder over that. so again, i think th...

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