It is cloudy. Spain bonds will sell to Japan IMF. No worries mate. New Exective Orders including the DHS. Industry groups applaud Obama's natural gas executive order By Andrew Restuccia - 04/13/12 03:15 PM ET
http://thehill.com/blogs/e2-wire/e2-wire/221429-industry-groups-applaud-obamas-natural-gas-executive-order It comes on the heels of complaints by GOP leaders — including Mitt Romney — and the gas industry that too many departments are working on hydraulic fracturing regulations, potentially halting the growth of the industry. Read more: http://www.politico.com/news/stories/0412/75108.html#ixzz1sQpRerqE
Today, in the Friday dump, Obama issued another Executive Order or Fiat if you will. The Executive Order will slow down natural gas production with over-reaching agencies and regulations. None of this will be run by Congress who have become irrelevant.
Another reason besides banks the market will fall or fail.
I have a bridge in Brooklyn and San Fransisco. Any takers? All the banks failed. I know I know. The FED who has been wrong before and did not see the last bubble tells you that the banks are safe. I still have those bridges. Banks can withstand up to a 15% unemployment. That is good because the unofficial unemployment is now between 17 to 20%. Phew. I glad Ben saw that one. Oh but don't worry. The banks are safe. They can see house prices fall another 50%. Well that is good. Is that what will happen when the dollar breaks? I don't know. I did see a 30 second news clip that the head of all the trading firms GS MS and what not were called in to discuss what they thought was Frank Dodd but the discussion was how they needed to buy the Euro debt. I don't know if our FED will buy it from them and that way get around the fact the FED is not supposed to buy any more debt from other banks or Country's.So business as usual.The banks won't have money to loan us because they bought others debt. I wonder how this will turn out.So don't worry. The banks are safe. Don't forget those bridges I have to sell you.