The second shoe: GOP terrorists taking down US economy
Submitted by James on Tue, 08/02/2011 - 2:32pm
Market down 2% as terrorists get their way.
Anyone with half a brain saw it coming. In a matter of hours, the investors worldwide have gotten the GOP message of New American Austerity loud and clear: The US is doubling down on dumb.
“As the macro data comes out it seems like we may have more on our hands than just getting the debt ceiling raised,” said Myles Zyblock, chief institutional strategist and managing director of capital markets research at RBC Capital Markets.
Ya think?
If markets are about expectations
then "expectations" today are running low. Unemployment is going to get worse before it gets better, and our dysfunctional Congress has shown the world that we cannot be trusted to bring forth sane public policy.
It's hard coming to grips with the reality that America is fast becoming a sick joke.
Nice work, GOP.
Do good. Be nice. Have fun.
Not only that the gov't securities sold by Treasury today
cost us $18 Million in increased interest cost. JUST ONE DAY! (This from CNN. )
All hail the fiscally responsible Tea-baggers and their friends like Eric Cantor and John Boehner and Mitch McPig.
Stan Bozarth