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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 423.31-0.6%Jan 15 4:00 PM EST
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To: Cogito Ergo Sum who wrote (88188)3/21/2012 2:58:36 AM
From: elmatador  Read Replies (1) of 219396
 
What is new is this: Trying to slow down decline actually increases it.

administration should retreat from billions of dollars in "deeply damaging" defense cuts and begin investing in a new generation of tanks, planes and ships as the nation confronts danger around the globe, the chairman of the House Armed Services Committee said Wednesday.

The Congressional Budget Office estimated Tuesday that the government will run a $1.2 trillion deficit for the budget year ending just a few weeks before Election Day, the fourth straight year of trillion-dollar-plus red ink.
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