Extend and Pretend Will be the Solution

The media is all over a Fiscal Cliff scenario.  Looks folks your Congress is great at last minute deals so I expect one right at crunch time which will be an Extend and Pretend scenario.  Watch for a slight increase in taxes for the wealthy making above 250,000, no extension of the Social Security Tax Cut, an extension of the Bush Tax Cuts for those making under 250,000 and a barely noticeable drop in Government Spending (my guess less than 5%).