Tuesday, August 02, 2011

Can we un-pass the debt limit increase?

This (long) headline from Zero Hedge says it all about how stoked the markets are about this new legislation: "Market reaction? 30 year just hit 3.99% as stock selloff accelerates, gold at all-time record."

Then there's this from Fox News: "Budget experts see deal as 'spit in the ocean.'" Don't fret your little head, America - the Super-Commission is coming!

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