Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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To: ggersh who wrote (40840)	11/27/2012 1:51:25 PM
From: penthouse mike	1 Recommendation Read Replies (7) of 218663

You make a big assumption when you say that congress will be cutting entitlements easily. As a general rule, every entity that is sucking money from the public troth is putting up defenses like poison pills to save themselves from cuts. When the Government signs a defense contract, the defense contractor will hire employees for long term work based on the contract. If the Government pulls the plug then they will have to pay termination fees.

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