wwwtractor's Account Talk

The big test will be the debt ceiling cap and continuing irresolution trifecta in March 2011 - Will it turn into a big scrum commencing in a Government shutdown? Will Congress kick both cans down the street, and work on the third can, the 2012 budget? Or will two cans get kicked and the third ignored? Or will there actually be a 2011 budget?

The Legislature is in the driver's seat with the budget, it will be very interesting to see what happens.
 
Officials said the Treasury could engage in extraordinary measures to delay hitting the limit, such as suspending sales of state and local government securities, shrinking a $200 billion Federal Reserve financing program or dipping into some government pension funds.
 
Officials said the Treasury could engage in extraordinary measures to delay hitting the limit, such as suspending sales of state and local government securities, shrinking a $200 billion Federal Reserve financing program or dipping into some government pension funds.


You mean there are some actually left to "borrow". :sick:
 
It is about time that I Fund did something with the chinese about to up the yuan and the US increasing the supply like there is no tomorrow, how can the dollar go anywhere but down.
 
Federal Reserve System

Items we expect to post to our web site over the next two months, including speeches, congressional testimony, Federal Open Market Committee material, and statistical releases issued less frequently than weekly. Meetings of the Federal Reserve Board and all statistical releases are shown elsewhere.
 
Chairman Ben S. Bernanke

At the National Press Club, Washington, D.C.

February 3, 2011

The Economic Outlook and Macroeconomic Policy
 
Chairman Ben S. Bernanke

At the National Press Club, Washington, D.C.

February 3, 2011

The Economic Outlook and Macroeconomic Policy

Helicopter Ben Warning!!

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When he opens his yap who knows what will happen next.
 
How many times has the ceiling been raised? Since March 1962, the debt ceiling has been raised 74 times, according to the Congressional Research Service. Ten of those times have occurred since 2001.
 
Russia Cashes In on Anxiety Over Supply of Middle East Oil

And if oil and natural gas are considered together, Russia is the largest energy-exporting nation.
 
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It is looking like fire sale prices to me so I pulled the trigger to get back into stocks. Most likely I will stay a long time until something moves me. I am still wishing for some hard asset funds and hoping that the Roth will get implemented sooner than later. I am in hard assets in other accounts as the currencies worldwide continue to be debased by governments everywhere although I am hoping for some good results on my investment in iShares MSCI Switzerland Index Fund ( EWL ). Good luck to everyone.
 
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