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To: ChanceIs who wrote (258181)	7/2/2010 1:04:47 PM
From: nextrade!	Respond to of 306849

The Treasury Bond Market is Blind to Risk final rally ahead ? tbondtrader.com

To: ChanceIs who wrote (258181)	7/3/2010 11:27:34 AM
From: ChanceIs	Respond to of 306849

House Democrats ‘Deem’ Faux $1.1 Trillion Budget ‘as Passed’ >>>So I am firmly in the get long TBT and retire early camp. Not if but when. The US has declined into heretofore unimaginable, pathetic, fiscal charades. Makes Greece look like a paragon of virtue. The silence is deafening. Where is the outrage? Taleb offered a good analogy in describing Black Swans. Think of a Turkey. Everyday the farmer comes to feed it. The farmer is his friend. He can always rely on the farmer to feed him, until one day in mid November. Turkeys..US sheeple....quite the comparison.<<< by Connie Hair 07/02/2010 Last night, as part of a procedural vote on the emergency war supplemental bill, House Democrats attached a document that "deemed as passed" a non-existent $1.12 trillion budget. The execution of the "deeming" document allows Democrats to start spending money for Fiscal Year 2011 without the pesky constraints of a budget. The procedural vote passed 215-210 with no Republicans voting in favor and 38 Democrats crossing the aisle to vote against deeming the faux budget resolution passed. Never before -- since the creation of the Congressional budget process -- has the House failed to pass a budget, failed to propose a budget then deemed the non-existent budget as passed as a means to avoid a direct, recorded vote on a budget, but still allow Congress to spend taxpayer money. more.... humanevents.com