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#1 andiron

andiron

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Posted 01 September 2011 - 04:34 AM

the debt ceiling was raised w/ the agreement that 1 T+ will be cut in the next 3 months or it triggers anyway.. now my grandma had said you can't have your cake and eat it too... so as a new-age duffer, i would think that you can't have cuts and your stimulus too... unless obama has a stimulus far greater than cuts announced but that is an impossibility... and the cuts announced i believe are taking place ST/IT time frame anyway... QE3 would be digging fed's grave as inflation ex OER and ex Hedonist adjustments are quite high.....