Wednesday, October 16, 2013

01 Debt Ceiling

So what was it to be US Gentlemen and Gentlewomen?

If I can just explain.  Yes, the US Government has just agreed to enable itself to borrow YET MORE money.

This is how both parties are selling it to me

As you will remember from an earlier posting however  Barry Obama's position has somewhat changed from 2006 where he was dead set against increasing the limit.

And with no last minute back out Stocks reach for the skies:

Will this delusional debt decision lead to: