House cancels vote on budget deal
CaptHenway
Posts: 32,153 ✭✭✭✭✭
MSNBC is reporting that the House just announced that they will not vote on a budget deal tonight after all. Metal markets just about to reopen.
Cure the roller coaster!!!
Cure the roller coaster!!!
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
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I would but I'm not sure how!
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<< <i> << Cue the roller coaster!!! >>
I would but I'm not sure how! >>
Liberty: Parent of Science & Industry
or perhaps this
When all is said and done, I'll be happy if I can avoid becoming a scared little girl
JC
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"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>MSNBC is reporting that the House just announced that they will not vote on a budget deal tonight after all. Metal markets just about to reopen.
Cure the roller coaster!!! >>
How do you cure a roller coaster? With obamacare?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Knowledge is the enemy of fear
<< <i>So much drama. The media is going to win an Academy Award on this one. What a wonderful case study of fear mongering. >>
Don't forget the lack of factual reporting. Let's see, I can't pay the minimum balance on my credit card this month so I'll call the CC company and ask them to raise my limit.
What's more destructive ....... the continual borrowing and priniting of money (hidden tax) the country can't afford, or actually proposing a budget that starts to scale back the spending ?
If you think the latter, beware of the torches coming your way.
<< <i>Here's the scenario, it's the 11th hour (tonight), the House once again tries to add riders to the debt ceiling bill. The Senate votes down the bill at the stroke of midnight. Chaos ensues in the futures markets, but at 6:00am the President has Jack Lew pick up a $1,000,000,000,000 platinum coin from the Mint and he deposits it with the Fed; crisis averted.
>>
Very close to the truth. This will cost us another trillion dollars.