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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 689.230.0%Jan 23 4:00 PM EST

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To: Keith Feral who wrote (41614)12/11/2012 8:17:38 PM
From: Fiscally Conservative3 Recommendations  Read Replies (2) of 222408
 
What 'Grand Bargain' could possibly be reached that will matter enough with our current $1 tril annual Fed Budget Defecit. I heard just tonight that 'Obummer' was willing to compromise with that other clown, Boehner, on the current $1.7 tril, over 10 years, tax increase on the wealthy 2% to $1.4 tril over 10years. Math tells me that is only $140 bilion/annual. These crooks spend over $ 1 Tril/Annually.
Where will the other $860 bil come from I ask? Lol...
These clowns can't grow GDP past 2% with borrowing 9%. And we should feel that the clowns will ultimately avoid a 'Fiscal Cliff" ? Lol
This circus is amusing to say the least.

My guess is these crooks, who also control much of the G8 budgets by proxy and who are using the same play book will ultimately not let Gold rule the day. Much depends on one's interpretation of fiscal prudence.
Time is running out on Keynesian economics.
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