Why is the market surprisingly high during right now with the fiscal cliff thing going on?

[David]

Markets love to climb a wall of worry.

The fiscal cliff thing is just another flash in the pan of gov't stupidity. The markets are "high" right now because of the infusion of QE1, QE2, QE3, Operation Twist, bailouts, handouts of more free money, more food stamps, etc.

There is no fundamental reason for the markets to be at all-time highs; all hocus-pocus of debt creation--your gov't at work.

Debasing the value of money by creating more of it is nothing new or esoteric. Irresponsible governments have done this, not just for centuries, but for thousands of years. It is a way to take people's wealth from them without having to openly raise taxes. Inflation is the most universal tax of all.

"Do not blame Caesar, blame the people of Rome who have so enthusiastically acclaimed and adored him and rejoiced in their loss of freedom and danced in his path and given him triumphal processions. Blame the people who hail him when he speaks in the Forum of the new wonderful good society which shall now be Rome's, interpreted to mean more money, more ease, more security, and more living fatly at the expense of the industrious." --Roman philosopher and statesman Marcus Tullius Cicero (106-43 BC)

If the American people desire to emulate the social-democratic polices of Europe, then they must either pay for it or follow these same nations over the fiscal cliff into financial and societal chaos.