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Strategies & Market Trends : The coming US dollar crisis

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To: robert b furman who wrote (43878)12/30/2011 2:55:44 PM
From: Fiscally Conservative  Read Replies (1) of 71475
 
(AP) - President Barack Obama is delaying his request for another $1.2 trillion increase in the nation's debt limit at the request of congressional leaders. Obama's request to increase the nation's borrowing authority would boost the debt limit to a record $16.4 trillion! Congress agreed to raise the debt limit by $400 billion in August and by another $500 billion in September. House Republicans voted against the second increase, but failed to block it because the Senate approved it

All is not well in Oz ;)

money.msn.com
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