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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST

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To: TobagoJack who wrote (77144)8/1/2011 12:38:21 PM
From: carranza26 Recommendations  Read Replies (2) of 217802
 
I think we are looking at a turnaround in US fiscal policy.

For all the bitchin and moanin, what took place is in my estimation salutary. A first step towards listening to the voices in the wilderness like David Walker, who has been preaching about our fiscal problems for years.

So I congratulate the Tea Party, though I find the politics of its leadership abominable and would not dream of voting for a single one of them. It took a radical few to change directions, and if that is all they accomplish, they have served a good purpose.

No legislator is in the future going to approve additional expenditures without thinking of the repercussions.

Is this the beginning of the ship of state slowly making a stop, reversing direction? Could be, but reversing the ship of state's direction is a very difficult process.

We shall see.

Place your bets.
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