My prediction was the Dow up 400 points and gold down $100. Futures are up almost 200 points and gold is down $18 so far. Let’s all rejoice. Obama and the noble Congress critters have saved America at the last possible moment. I think I may have predicted this very scenario two weeks ago. We’ll be getting $2.4 trillion theoretical cuts with a whole $20 billion, or 1% of the total, in 2012. I just know this commission is going to work. Now go back to not having a job and paying more for food and energy. Congress needs their vacation time.
U.S. stock futures extend gains after debt deal
By Sarah Turner
SYDNEY (MarketWatch) — U.S. stock futures extended early gains in Asian trading hours on Monday after U.S. President Barack Obama announced a deal on raising the country’s debt ceiling. Dow Jones Industrial Average futures /quotes/zigman/1785993 DJ1U +0.70% rose 173 points to 12,261, S&P 500 futures climbed 17.70 points to 1,306.30, while Nasdaq 100 futures /quotes/zigman/876546 ND1U +1.39% rose 28.75 points to 2,388.00. At the same time, gold futures extended losses, trading down $18 at $1,613.20 an ounce, while oil futures climbed $1.24 to $96.95 a barrel. The dollar index /quotes/zigman/1652083 DXY +0.17% traded at 73.927, from 73.846 in late trading Friday.
Tom Coburn has the only serious plan in Washington DC. The first link shows the savings by category that add up to $9 trillion. The second link details what he would do by category. Have you seen anything at this level of detail from Obama? Have you seen any plan from Obama? This is called substance. Not the joke that passes for an agreement that will be reached in the next day or so.
This is a video put out by FEMA and HSA to instruct you on how to take note of your fellow citizens doing strange and odd things.
The oddest thing about the video is that almost without exception, the “terrorists” are all white males in their thirties or so. Along with the “spy with us” propaganda is a subtle message that the most likely terrorists are white middle class citizens, hence really hard to spot!
So be vigilant and try not to puke on your computer screens as this very valuable taxpayer paid for citizen training film is obviously meant for us to study and take to heart.
I saw a guy in my neighborhood yesterday, if fact, stopping and suspiciously looking around before he carefully leaned over – to insure what he was doing could not be observed – and picked up his dogs’ poop in a plastic bag that might have been used to smother little babies with. If it hadn’t found a better use..
Senator Coburn (R-OK) somehow, yesterday, got up front on the floor of the Senate and told the straight unvarnished truth and followed that up with solutions to the problems he outlined.
The link below will take you to the c-span segment of Mr. Coburn’s presentation. Feel free to skim past where John Kerry interrupted and made a dumb ass out of himself.
The whole presentation (Mr. Coburn’s, that is) is well worth listening to as it shows there are a few Senators that have the potential to be statesmen instead of just politicians. My hat is off to Senator Coburn and a razz-matazz to Senator Kerry.