What "deal"? Once more Boehner and McConnell bent over, grabbed their ankles and told 0bama to "have his way"!
I look for a rollercoaster stock market that will wipe some people out. I’ve decreased my exposure and have an exit strategy. Maybe I’ll come out alive.
Our government has gone completely insane!
The latest example: The White House Economic Advisors acknowledge (and warn) we are “playing with dynamite” with our government debt. The proof of insanity is their proposed solution.
The “dynamite” of course, is the 16 TRILLION DOLLARS of US government debt, and the fuse is lit and rapidly burning down, with the explosion (US Sovereign default) projected in March.
The proposed solution? No need to remove some of the dynamite or extinguish the fuse. Simply add more dynamite and lengthen the fuse a little bit, and then pretend the problem has been solved.
Following is a link to the news release.
White House Adviser Krueger: Congress ‘Playing With Dynamite’ Over Debt Limit:
It’s like playing solitaire Russian roulette and Wall Street cheers because they pulled trigger and the first chamber was empty.