Budget talks: This is getting nasty

Wasn't the point of his speech to try to calm the markets?

Thus, the speech failed.

 

Obama's Katrina(TM)

 

I like it. Good thing you trademarked it.

 

You'll find one someday.

 

@DowJonesiBanker -- DJ Investment Banker
With valuations down, look out for a series of stock buybacks. Tech bellwethers with high dividend yields should lead the pack.

Smart thought. If anyone is going to step up and buy undervalued stocks, it will be companies like this.

If they don't...

 

Boehner said he got 98 percent of what he wanted on the debt deal. So the stock market dive was caused by the sliver of the deal he didn't like?

 

Two questions: When do the "job creators," who have been the beneficiary of the extension of the Bush tax cuts since December, start creating jobs. Also, anyone who calls it "Obamacare," do you have children up to age 27 who you have been able to keep on your health insurance because of "Obamacare"? If so, you should opt out of that benefit immediately.

 

Without the "Tea Party" the debt ceiling would have been raised with no debt reduction.

So, I'm not sure how they're to blame.

We called too much attention to the problem? Should we just have put our head down and avoided making eye contact with S&P, and hoped they didn't notice the size of our growing debt?

We were told that we'd have our debt downgraded and the stock market would crash if we didn't compromise and make a deal.

So, we did, and we got downgraded and the market has crashed.

We'd be better off if more Republicans had held out for a better deal that included more cuts -- cuts that were identified and began immediately.

And, let's not forget that Obama threatened to veto any deal that did not extend the debt limit beyond the 2012 election, so any "uncertainty" must be shared by the administration.

 

27 year old adults are now defined as "children" and this is a good thing.

 

Oh and YF, about that strawberry ice cream, maybe we should just get rid of all regulation but you have to agree to not ever sue either the government or the business if you get sick and die. Deal?

 

OK.

Can't we just put a sticker on the Ice Cream stating it doesn't meet state standards?

Shouldn't you be for the little guy here? The former teacher who's started a small business?

 

Car insurance companies define 24 year olds as children as well. There is a precedent.

And it's done because a lot of young people are just starting out, don't have much money, have a bunch of student loans, and either have jobs that don't have insurance or have little money to have taken out of their checks for the crappy insurance that their company has.