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Stock Surge Briefly Perturbed As Obama Digs In On "Negotiating" Position
Snatching failure from the jaws of victory...? 10/17 T-Bills are 9bps off their low yields of the day and the S&P 500 has given back 5 points of its gains as the White House potentially snubs Boehner's offer.
- U.S. HOUSE REPUBLICAN LAWMAKERS CONCERNED THAT CLEAN DEBT LIMIT INCREASE WOULD NOT FORCE OBAMA TO NEGOTIATE-SENIOR REPUBLICAN AIDE
- OBAMA IS WILLING TO NEGOTIATE ON BROAD BUDGET ISSUES, BUT ONLY AFTER
CONGRESS ENDS SHUTDOWN, LIFTS DEBT CEILING-WHITE HOUSE OFFICIAL - "Once Republicans in Congress act to remove the threat of default and end this harmful government shutdown, the President will be willing to negotiate on a broader budget agreement," White House says in e-mailed statement. "While we are willing to look at any proposal Congress puts forward to end these manufactured crises"
Of course, this dip also coincides with the end of POMO.
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wtg fidelity
Obozo wil balk, guaranteed. And the Repubs know it and can turn the table of blame on him.
Problem is, the press thinks Barry is blameless.
" Stand back, here comes the real MacDaddy, the Pope of Pimps, with his hoes "
Boehner you are one worthless cocksucker!
Exactly! "Once Republicans in Congress act to remove the threat of default".
There is NO threat of deafult unless they deliberately do it, tax revenues cover the debt interest payments ten times over.
DavidC
this clown congress hasn't produced a budget in how many years and you think people will blame the president? owebomba isn't up for re-election. we'll know in november 2014 who the people will blame if the social security checks stop rolling in.
The USSA public in general has the mentality of Jr. High school girls, only concerned about who just got 'dissed'.
Sheepdog,
I wouldn't even go that far, what a bunch of kindergarden children.
DavidC
why vote on a budget when Ole Yellin and the FED print to infinity?
Time for booze, blow, hoes and gigilos.
No, it's over. Republicans folded as expected........
It's all about WEAKNESS, and how weak you can be.
Welcome to the party.
Snatching failure from the jaws of victory. That's our Barry!!!!
LOL.
Barry said stocks need to go down, damnit. Maybe his portfolio is taking a big hit with his short positions. Barry's been Stolpered Out after his meeting with the banksters.
Reverse dipping now.
LOL, knew it all along! Good cop/bad cop'ing the hell out of it! Now, drop back down to pick off the new BTFAH-ers stops. EZ as free pie in the sky to molest the dumb retail public.
Boehner makes the speech and cries, pathetic. The republican party is history.
He should have been tackled and given Atomic Wedgie on the spot.
Repubs have a huge demographic problem. Not too many black women or hispanics would like to vote for a Romney, a McCain or even a principled Ron Paul figure.
is a perturbed stock anything like an angry violin?
I guess both involve sheep guts
Hoo boy, having some fun now.
White House even admitted it...'manufactured crisis'.
And those manufacturing jobs are surely well paid!
Never let a perfectly good opportunity to plunder go to waste
http://www.indeed.com/jobs?q=Federal+Reserve&l=
CAC-40 is up over 2% today.
LMFAO....France!!!
Got a funny feeling POTUS is about to turn down the offer and try to grab high ground calling a 6 wk extension of debt ceiling while maintaining a shut down Federal gov ... kicking the can. Market will flop on the "news"...
Brace, brace, brace...believe we r bout to hit a big airpocket...reversal of non-news with news of no.
The bankers are not satisifed with 6 weeks, so they will get more. Period end of story. There is no caving by anyone. Both teams work for the same owners and have the same objectives. The shut down and the debate is all purely for show. Gotta convince the sheep that we have a representative government so they keep votin' red and blue.
If we go up near 2% on the rumor of a deal to raise the debt ceiling for SIX weeks, what do we go up when there's an actual deal? 4%? 5? Hell, why not 6 or 7%?
It's one thing to have expected a bounce on news of the completion of a deal, but this is ridiculous. The Dow touched it's 200dma, and IWM touched it's year long trendline support, but even still, 2%? Absurd.
Check out this story in the "Old Gray Whore"
http://www.nytimes.com/2013/10/10/us/business-groups-see-loss-of-sway-ov...
Taxed Enough Allready are the only one's rocking the fascist boat.
From the article: “We are looking at ways to counter the rise of an ideological brand of conservatism that, for lack of a better word, is more anti-establishment than it has been in the past,” said David French, the top lobbyist at the National Retail Federation.
Aptly named.