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To: RC one
Let's see now. Elections in 2012. Public employee union members would lose their pensions. Credit markets would be disrupted as municipal bonds turned sour - adding to the existing problems.

Will there be a bailout? Or will the administration choose harsh medicine?

Do we really need to ask? Yes, there will be a bailout. Yes, the dollar will break support and head down. Yes, gold will continue its bull market trend.

5 posted on 01/22/2011 1:40:16 PM PST by neutrino (Globalization is the economic treason that dare not speak its name.(173))
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To: neutrino

I’m looking at picking up another 8 sovereigns this month.


10 posted on 01/22/2011 1:48:36 PM PST by RC one (What!!!!)
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To: neutrino
Do we really need to ask? Yes, there will be a bailout.

I don't think there will be a major bailout of the states. Bernanke has stated publicly he's not going to do it, and Tea Partiers will stiffen the spines of Pubbies in the House of Representatives.

30 posted on 01/22/2011 4:08:08 PM PST by Night Hides Not (If Dick Cheney = Darth Vader, then Joe Biden = Dark Helmet)
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