FredHayek wrote: Internationally I think a global recession is on the way so I expect gas prices to fall. US debt to rise along with unemployment numbers. Gas goes down to $3 in the next three months. Debt continues to increase at one trillion per year. And Bernanke continues with QE3
Driving through Oklahoma City last week, gas was already $2.98 per gallon.
"Remember to always be yourself. Unless you can be batman. Then always be batman." Unknown
We will get a glimpse very shortly in the lame duck Congress. Will the House GOP embrace the ideals of Simpson - Bowles and President Obama and work out a budget plan of reduced spending and increased revenues to bring down the deficit or stick to their guns on no increased taxes on the wealthy to force a massive slashing in the defense budget? Boehner has already announced that he will not allow the House to negotiate a compromise solution that would affect the taxes on the wealthy.
"Remember to always be yourself. Unless you can be batman. Then always be batman." Unknown
The geniuses at Marketwatch are blaming the market's big drop this morning on European woes. The big drop is just coincidentally on the day after a very contentious election. Nothing sticks. It's remarkable.
