He can be removed with a simple majority vote of the House.
now down 300 points on the futures.
Tomorrow is all about Bernanke and QE3 - will he or won’t he? Count on markets tanking worldwide until we know, and if the answer is no... markets will continue to tank until they reach equilibrium (where they should have been without all the intervention).
If you have funds exposed to this market and don’t really know what’s going on, you could do worse than to be in all cash right now. *disclaimer: I am not a registered financial advisor, this should not be construed as financial advice
Dow futures down 212 points as I type this. So, it’s not a point of panic yet, although some powers that be behind the scenes apparently are trying to incite unrest.
Chinese CPI came in hot. I don’t know if they will tolerate another round of easing, which will push their inflation even higher.