There will be no deal. Right now it is championship wrestling, with people acting however they want, because the outcome is already set. Before the election they did the budget deal that needed to be done to buy more time, keep the game going longer. The game is credit.
This is not about money. It is about the "full faith and credit" of the USA. To keep the game going longer, we need to improve our credit with the rest of the world. Here is what was necessary:
1. Prove the state can crush government unions. Done (see Michigan).
2. Cut defense budget. Baked into the "fiscal cliff" dive. Starts January 1. Happy New Year!
3. Raise taxes. Baked into the "fiscal cliff" dive. Starts January 1. Stock market'll rally, dollar will get stronger, housing prices will go up, things will look better.
But the longer term result will be we'll fall farther, harder, faster when it does crash.
Or we will go to war to change the subject.
This is tradable. Just watch your customer base. Do they get their "money" in the form of credit from the state? If so, keep looking, move on to customers who actually produce something people actually want and need.
Feel free to forward this by email to three of your friends.
This is not about money. It is about the "full faith and credit" of the USA. To keep the game going longer, we need to improve our credit with the rest of the world. Here is what was necessary:
1. Prove the state can crush government unions. Done (see Michigan).
2. Cut defense budget. Baked into the "fiscal cliff" dive. Starts January 1. Happy New Year!
3. Raise taxes. Baked into the "fiscal cliff" dive. Starts January 1. Stock market'll rally, dollar will get stronger, housing prices will go up, things will look better.
But the longer term result will be we'll fall farther, harder, faster when it does crash.
Or we will go to war to change the subject.
This is tradable. Just watch your customer base. Do they get their "money" in the form of credit from the state? If so, keep looking, move on to customers who actually produce something people actually want and need.
Feel free to forward this by email to three of your friends.
0 comments:
Post a Comment