A sharp sell-off on Friday's close may have caught the attention of many politicians. The S&P dropped almost 0.2 percent on negative news that no "fiscal cliff" deal was struck to avoid automatic spending cuts and tax increases.
So maybe we should give Congress a raise? In fact, that's exactly what President Barack Obama has done. The president ended the federal employee pay freeze, giving incumbent congressional leaders and Vice President Joe Biden a bump up in salary. Meanwhile, investors and business owners are left scratching their heads.
The bigger issue for traders and investors in 2013 will be the debt ceiling, and our weak and slow-growing economy. I expect a "just enough" resolution to the fiscal cliff on Monday that will push our problems forward. (Read More: Senate Convenes Amid Optimism as 'Cliff' Deadline Nears.)