WHITE HOUSE FISCAL CLIFF LEADERSHIP SUMMIT MEETING............

At this hour, 3 p.m. Eastern Standard Time in Washington, D.C., President Obama has convened a Fiscal Cliff talks meeting to find an acceptable bipartisan compromise to avert going over the Cliff and raising Taxes on all Americans at the stroke of Midnight Monday night.  Vice President Joe Biden, Speaker John Boehner, Senate Majority Leader Harry Reid, House Minority Leader Nancy Pelosi, and Senate Minority Leader Mitch MCConnell, are meeting in what may be a last ditch final meeting between the White House and Congress to try to bring together a plan that can pass at least in the interim, to move the resolution beyond the precipice of January 1st.  Conjecture was floating this morning thatv a 60-90 day deal extending taking further and more concrete action to address the issue with President Obama supposedly raising his floor for letting taxes increase only on those making $250,000 annually to $400,000 per annum, was knocked down as not being the case.  Some of the Republican members of Congress are said to be willing to let the Government go over the Fiscal Cliff, so that next year when they ultimately vote for the bill that is passed, they can claim to have lowered constituents, not raised taxes on them............tdp