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Markets Celebrating Bigger Government With Rally?

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  • Description

    FBN’s Neil Cavuto on the impact of the fiscal cliff deal.

  • Duration 1:18
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So let it be written that this is the day Wall Street sold its soul all for a very nice -- but for which we sell all they have -- Because wall and broad just sold us all down the river celebrating bigger government when it used to recoil.

Endorsing higher taxes when it used to stand on principle against -- trusted to Washington to avoid a cliff only to leave this country in a serious chasm.

What bothers me most about Wall Street will begin up is that it did so knowing precisely the deal cooked up in Washington was certainly -- -- -- down.

It's a deal -- -- tax hikes and spending cuts that we always suspected.

The fact that they -- forty times more tax hikes and spending cuts was something.

Even hide in my most cynical moment never suspected.

And for all this 312 billion bucks deeper -- read this year and nearly -- Korean deeper in the hole over the next ten years.

And we party.

Forgetting we are nearly dancing on our own graves oblivious to the fact that even in the face of death politicians couldn't muscle the courage to slow the in -- ruble's slide into entitlement oblivion that remains undeterred.

Only hours after -- in the new year I don't know about you but it's enough to make me want to crawl back into bed and vomit.

And not necessarily.

In that order to --

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