djkumquat (58.42)

10 Comments – Post Your Own

#1) On July 17, 2011 at 8:18 AM, dbtheonly (< 20) wrote:

It's just more Tea Party "Kool-Aid". They're playing with matches in a room full of explosives.

I learned in High School that you can find a so-called "expert" to say just about anything you want. I'd imagine it's easier now in the age of the internet, when assertions can be made & published without any outside scrutiny.

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#2) On July 17, 2011 at 8:21 AM, dbtheonly (< 20) wrote:

It's just more Tea Party "Kool-Aid". They're playing with matches in a room full of explosives.

I learned in High School that you can find a so-called "expert" to say just about anything you want. I'd imagine it's easier now in the age of the internet, when assertions can be made & published without any outside scrutiny.

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#3) On July 17, 2011 at 9:14 AM, ETFsRule (99.90) wrote:

I think this article pretty much summed it up. The GOP has done this before... it's just political posturing.

If any tea party people are actually taking this stuff seriously, then they are a bunch of suckers.

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#4) On July 17, 2011 at 1:36 PM, cthomas1017 (36.07) wrote:

Nothing quite like a couple of partisan hacks to attempt to turn this into an attack on the tea parties rather than a rational discussion of the issues presented in the articles.  

The articles are well thought out & persented in a very organized manner.  They insinuate that politics are being played on both sides, that much (if not most) of the salient facts that we should be addressing are being glossed over.  Well worth the read. :) 

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#5) On July 17, 2011 at 7:35 PM, djkumquat (58.42) wrote:

thanks, cthomas1017. i think partisans are playing chicken over nothing. but i think mr market know this - it's barely flinched throughout the, uh, "negotiations."

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#6) On July 18, 2011 at 1:03 PM, leohaas (93.62) wrote:

I sincerely hope you are right, djkumquat!

In the mean time, I am long FAZ, just in case...

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#7) On July 18, 2011 at 7:16 PM, djkumquat (58.42) wrote:

leohaas, did you catch this article today?

http://www.fool.com/investing/general/2011/07/15/how-to-make-massive-profits-if-the-united-states-d.aspx

full disclosure: i own TC.

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#8) On July 18, 2011 at 7:23 PM, djkumquat (58.42) wrote:

one more from reason.com today:

http://reason.com/archives/2011/07/18/the-facts-about-the-debt-ceili/singlepage

i don't think we'll default. seems like too many options out. politicians have played the scare tactics game, so they'll come through will something - likely small packages to save off "catastrophe" and that kick the can down the road but don't address the major spending problem. just read about coburn's proposal. biggest cuts, yet, and some tax increases. so enough to anger everyone, i'm sure. should be getting ripped to shreds by every special interest as i type.

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#9) On July 18, 2011 at 7:31 PM, djkumquat (58.42) wrote:

ETFsRule, you forgot about 2006. yep, it's a partisan issue. that's why it looks like another round of BS.

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#10) On July 19, 2011 at 1:56 PM, djkumquat (58.42) wrote:

http://finance.yahoo.com/banking-budgeting/article/113158/phony-default-crisis-yield-bargains-smartmoney?mod=bb-budgeting%20&sec=topStories&pos=3&asset=&ccode=

scare mislead/misinformed joe public out of market, swoop in for deals?

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