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Aug 2, US-living on borrow time from debt disaster
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Peter_Pan
Supreme |
09-Oct-2013 09:08
Yells: "did you order dunkin' donuts" |
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teeth53
Supreme |
09-Oct-2013 09:00
Yells: "don't learn through life, learn to grow with life " |
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Due to uncertainty - Obama comfirmed Janet Yellen as new FED chief. as there is not much choice, but  for  QE  to continue for a while more. Oso due to uncertainty , the next to watch out for will be short term extension of debt ceiling and budget to give both parties time to negotiate. Volatility  will continue but  bright spot  is just abit more  visible. Market is still likely  volatile.. |
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teeth53
Supreme |
08-Oct-2013 17:22
Yells: "don't learn through life, learn to grow with life " |
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Obama ready for negotiation, but not amid threats ....?. Change tactic, din change princple tone.
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Peter_Pan
Supreme |
08-Oct-2013 15:15
Yells: "did you order dunkin' donuts" |
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teeth53
Supreme |
08-Oct-2013 07:53
Yells: "don't learn through life, learn to grow with life " |
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Obama famous word. " I will not negotiate" to Congress Recession risk Many economists expect a U.S. recession if the country's debt ceiling isn't raised. More Traders are talking about the prospects of " dirty prices" and other debt default oddities. More |
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teeth53
Supreme |
05-Oct-2013 15:17
Yells: "don't learn through life, learn to grow with life " |
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http://www.cnbc.com/id/101080833 what Americans expect: compromise. It is reasonable to request that the president postpone the individual mandate one year (as he has done for the employer mandate) and that members of Congress obtain their health insurance on the same terms required of ordinary Americans. The president's refusal to accept any changes in the ACA and special treatment for politicians is tyranny. Terms that Republicans have laid down for raising the debt ceiling?more development of offshore oil, rethinking financial reform and changes to other regulatory policies?are broadly consistent with the public sentiment for a focus on job creation. (Read more: Shutdown is nothing: Debt ceiling debacle could be real ugly) If the debt ceiling is not raised by Oct. 17, the United States need not default on its debt as the president threatens. The Treasury continues to collect taxes, and the president will simply have to prioritize what bills he pays and what services he suspends, and place interest payments ahead of other items. Peter Morici is an economist and professor at the University of Maryland's Smith School of Business, and a widely published columnist. |
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teeth53
Supreme |
05-Oct-2013 15:07
Yells: "don't learn through life, learn to grow with life " |
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http://www.cnbc.com/id/101075472 teeth53 thot - This is what happening in U.S.
Obama famous word.  " I will not negotiate"   to Congress.  Well...
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teeth53
Supreme |
05-Oct-2013 14:12
Yells: "don't learn through life, learn to grow with life " |
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As a world leader and elected  to the highest office as  U.S. America President and  world biggest  economy state. His head is getting bigger, while not changing his hat. As the blame game start,. Will he as a responsible world leader end this fallout from U.S. govt shutdown hurts him and the rest of the world?.  This resposibilities rest n weight  on President Obama shoulder.
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teeth53
Supreme |
05-Oct-2013 13:57
Yells: "don't learn through life, learn to grow with life " |
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Obama famous word.  " I will not negotiate" . Congress said....  If Obama is still very stubbornly want it to do it his very own way. It will not work his way. Compromise, compromise n common pro-useage....will settle the debt silly ceiling. Both houses will lock horn to make history for the 1st time. Possible govt really can shutdown this time. No child play. Unless Republicans controlled lower house of Representatives  won some concessions or roll back the affordable care Act known as Obamacare. teeth53 thot - Change Obamacare health policy to NATIONAL NATION HEALTH Policy. Or else both Democrats and Republicians can just sit around n begging for America to fail come Oct 17, 2013. 
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teeth53
Supreme |
05-Oct-2013 13:25
Yells: "don't learn through life, learn to grow with life " |
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House Speaker John Boehner denounced the political stalemate that has shut down Washington for the 4th consecutive day Friday, insisting that Congress isn't playing " some damn game."
Boehner chided both President Barack Obama and Senate Majority Leader Harry Reid for what he called their refusal to negotiate over Republicans' concerns about Obamacare. Blasting reports depicting the impasse as a tally of winners and losers, he shouted, " This isn't some damn game! The American people don't want their govt shut down, and neither do I!" The govt went into partial shutdown Tuesday after lawmakers failed to settle a dispute in which Republicans are demanding the dismantling of Obama's signature health-care law in exchange for approving a deal. On Oct. 17, the govt is expected to hit the so-called debt ceiling, setting up another fiscal showdown with potentially more dire economic consequences. (Read more: Treasury warns default could be 'catastrophic')
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teeth53
Supreme |
04-Oct-2013 12:48
Yells: "don't learn through life, learn to grow with life " |
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Nothing to start better then starting a blame games plan.
More room for back door negotiation n a last minute solution. |
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teeth53
Supreme |
04-Oct-2013 12:39
Yells: "don't learn through life, learn to grow with life " |
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Nothing to start better then starting a blame games plan.
Starting with none others than Omaba himself first. Sound like no fault of himself. |
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teeth53
Supreme |
03-Oct-2013 22:14
Yells: "don't learn through life, learn to grow with life " |
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A few financial institutions are doing just that betting govt will default on its debt if Congress can't agree to raise the debt ceiling this month. If the U.S does default, they could reap a total payout of around $3.4 bil. Sound like a lot? Actually, investors seem less convinced that a default will occur this time around than they were during the last big debt ceiling scare in the summer of 2011. Back then, they held contracts that would have paid out about $5.6 billion in the event of a default, according to the Depository Trust and Clearing Corporation. http://money.cnn.com/2013/10/03/news/economy/debt-ceiling-default/index.html?iid=HP_Highlight
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Peter_Pan
Supreme |
03-Oct-2013 11:26
Yells: "did you order dunkin' donuts" |
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tick tock tick tock | ||||
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teeth53
Supreme |
03-Oct-2013 10:38
Yells: "don't learn through life, learn to grow with life " |
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http://www.cnbc.com/id/101047518 Whenever the govt is going to exceed a debt limit?meaning it needs more funding for current debt?Congress has to vote its approval to raise it. As of September 2013, the debt limit is $16.7 trillion. But President Barack Obama has asked Congress to raise it. According to the Treasury Department, raise debt ceiling which has happened.  Since 1960, Congress has acted 78 times to permanently raise, temporarily extend or revise the definition of the debt limit?49 times under Republican presidents and 29 times under Democrats. In 2011, a debt ceiling crisis was part of the ongoing debate in Congress about the appropriate level of govt spending and its consequential impact on the national debt and the debt ceiling. (National debt is the sum of all outstanding debt owed by the federal govt. It includes not only the money the govt has borrowed, but also the interest it must pay on the borrowed money.) The crisis was resolved with a complex deal that raised the debt ceiling and reduced proposed increases to future government spending, but it did not avert similar debates for future budgets. ?By CNBC.com. It would " threaten the jobs and savings of everyday Americans." |
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teeth53
Supreme |
01-Oct-2013 12:10
Yells: "don't learn through life, learn to grow with life " |
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12:02: Dow futures still up 26 points. Meanwhile, networks have shifted from counting down to the shutdown, to counting up to mark how long the shutdown has lasted! 12:00: And there you have it (no showdown, it a shutdown, effecting about 800,000 personnels)
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teeth53
Supreme |
01-Oct-2013 11:54
Yells: "don't learn through life, learn to grow with life " |
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http://www.whitehouse.gov/sites/default/files/omb/memoranda/2013/m-13-24.pdf | ||||
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matrixxx
Member |
29-Sep-2013 22:30
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The Americans are the most fascinating ppl in the world, they have raise the debt ceiling before, and they  will be able to do it once again and again | ||||
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teeth53
Supreme |
29-Sep-2013 20:31
Yells: "don't learn through life, learn to grow with life " |
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America's Debt Challenge " in the back of most traders' minds is 'what if?'
U.S. debt ceiling threat: Millions won't get paidThe unthinkable for Treasury - not being able to pay all the country's bills in full and on time - is becoming a distinct possibility as Congress fails to move to raise the debt ceiling. The consequences of inaction would cause a cascade of problems.   |
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mb7269
Senior |
28-Sep-2013 14:48
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shame .... still thinking to fight war when there isn't suppose to be war... | ||||
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