US payroll taxcut and unemployment Insurance

Hey, here we go again...

If a bickering congress cannot agree to extend the payroll taxcut and the unemployment insurance for the people of the US, the could be some impact to the 2012 economic growth...

While the Republican is pushing for a full year extension, the democrats is adamant of not giving anymore extension. By Jan'12 if both the political divide cannot come together to reach a consensus, then the S&P might just fall come the beginning of 2012... that's when the bear will begin to take control... beware, you have just been warned.