We Are Pawns in Obama's Fiscal Cliff Game
NEW YORK (TheStreet) -- As I illustrated Wednesday in Fiscal Cliff Will Be Averted, Market Will Rally, the chaos in Washington spews a simultaneous blend of all too real and dog and pony show.
Politicians playing chicken not only with people's jobs and livelihoods, but their mental and, quite possibly as a result, physical well-being.
It angers me.
This isn't the NHL lockout where the two sides can play "politics," stall and stalemate in a battle of egos.
The impact of something as relatively insignificant as a hockey work stoppage drives home the magnitude of what the fiscal cliff can do to Americans -- and people around the globe -- even if we never jump off of it. With no hockey, middle-of-the-road wage earners get hurt. In the grand scheme of things, it's not that big of a deal if Molson Coors (TAP) sees a decline in Canadian revenue. However, don't tell that to the guy who works at a brewery in St. Johns, Newfoundland or Moncton, New Brunswick. The guy who might lose his job -- and if he lived in the United States, his health insurance -- when Molson Coors reduces staff. As usual, Twitter broadcasts opinions and fuels emotion. One of TheStreet's Real Money contributors, Kate Stalter and CNBC personality Carl Quintanilla posted pretty simple, but effective Tweets. Both go a long way to explaining this spectacle.Select the service that is right for you!
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