Business Beast: Who’s Winning the ‘Fiscal Cliff’

November 12 Having trouble viewing this? View it online.

1 CLIFF NOTES Who's Winning the 'Fiscal Cliff' It's not the GOP. Daniel Gross on the latest jockeying over the looming round of tax hikes and spending cuts—and why Obama has the clear upper hand. Read it at The Daily Beast

2 RIPPLE EFFECTS China Slowdown Hits Vancouver The effects of a downshifting China are showing up in unlikely places—even the condo market in western Canada. Read it at The Daily Beast 4 TECH Apple-pocalypse Now With its stock falling and top executives leaving, analysts are questioning whether the post-Jobs Apple can maintain its dominance. Read it at The Daily Beast The BBC's director of news, Helen Broaden, and her deputy have "stepped aside" amid a child-abuse scandal.” READ IT NOW › 5 WORTH A LOOK Week's Best Business Reads From Monopoly to Hispanic immigrants revitalizing the Midwest, The Daily Beast picks the best business and finance journalism from around the Web. Read it at The Daily Beast 3 RULES OF THE GAME Inequality on Wall Street At big investment banks, compensation is down, the bosses won't retire, and Goldman is culling its partnership ranks. Welcome to austerity on Wall Street. Read it at The Daily Beast How Photography Died Obama Talks Fiscal Cliff In response to Who's Winning the 'Fiscal Cliff': Liberal Dems are now saying let the fiscal cliff and Bush tax cuts expiration both happen. It cuts the deficit more than any other plan. It puts taxes at Clintonian levels and the Pentagon is smart enough to figure out how to move the money around to address essential needs. It does raise taxes on everyone - but is that such a bad thing? If you're a family of 4 making $50K per year and paying no taxes, is it such a problem if you pay a little? — think4yourself In response to Apple-pocalypse Now: Bottom line, way too many have realized that the competition is beating Apple on price, performance and value. The management of Apple has become delusional that "true believers" will buy regardless of those three indicators. Sadly some will, but, its now clear that there may not be enough delusional buyers to keep the delusional managements balloon inflated. — mountainweb

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