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'We Were Always Going Over Cliff': Iuorio

8:30 AM ET Thu, 27 Dec 2012

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.