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'We Were Always Going Over Cliff': Iuorio

Thursday, 27 Dec 2012 | 8:30 AM ET

CNBC's Rick Santelli, and Jim Iuorio, TJM Institutional Services, break down the latest numbers on unemployment, and debate several "fiscal cliff" sticking points from both sides of the political aisle. "They can show some incompetence at very critical moments," Iuorio added.