To: blam
The piece is wrong.
The markets are lower in anticipation of the lower GDP report and slowing economy. The debt/deficit are already part of the pricing and the current dithering has no real effect. The prospect of lower sales translates to lower earnings thus lower prices.
8 posted on
07/29/2011 4:49:02 AM PDT by
bert
(K.E. N.P. +12 ....Flash mobs are trickle down leftwing REDISTRIBUTION))
To: bert
10 posted on
07/29/2011 4:53:46 AM PDT by
blam
To: bert
I think Limbaugh said yesterday that it might be a set up, aka,
deliberate falsification (to be corrected later) in order to gin up the
hysteria over the debt ceiling to pressure the House GOP.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson