Thursday, December 22, 2011

Continuing with the theater of insanity.

"House Republicans have agreed to pass a two-month extension of the 2% payroll-tax cut, National Journal reported Thursday, citing Republican and Democratic sources."

I just can't believe those idiots up on the hill.

The single biggest impediment to this economy is uncertainty. So what do they do? Inject more uncertainty.

I mean, I know they are telling me Europe is getting it's act together. (said in the most sarcastic way) Because, it absolutely is a sign that you are getting your shit together when the ECB has to inject a half a trillion dollars in liquidity because lending has completely dried up. It's a universal sign that you're getting your act together!

Everyone would agree the best thing to do - is have this conversation again when Europe is in complete free fall. Which who knows when it will happen. I would predict next year. Every time I check on Greece things are getting quite dire. But honestly, the smoke and mirrors has gone on so long, even I am starting to believe their bullshit.

They better hope that people flood into safe havens like the treasury to keep gas prices down. Because once the dollar stops being strong.....

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