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Government shutdown
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<blockquote data-quote="JayJuanGee" data-source="post: 390233" data-attributes="member: 5330"><p>I just did a quick look at the news recap, and in sum last night the house passed a similar version of what it had passed three times earlier requiring either the defunding or the postponement of Obama Care. And, this morning the senate rejected that for the fourth time.</p><p></p><p>In essence a large majority of Americans consider this to be the house's making to keep on presenting the same issue that really was passed 3 years ago and settled with the Supreme Court - like a bunch of bullies and spoiled brats. IMHO, there are better tactics to get your way rather than being babies and crying over spilled milk. It just seems that the babies are going to have to give in first, in this case, but how long can they hold out and continue to cause damage to the credibility of the US financial legitimacy. </p><p></p><p>In any event, the stock market seems to be taking this pretty well. The last few days that the market was open, the Dow was down nearly a percentage each day. This morning the Dow is up nearly half a percentage. Go figure! There must be some optimism in the market that this shut down fiasco is going to work itself out soon.</p></blockquote><p></p>
[QUOTE="JayJuanGee, post: 390233, member: 5330"] I just did a quick look at the news recap, and in sum last night the house passed a similar version of what it had passed three times earlier requiring either the defunding or the postponement of Obama Care. And, this morning the senate rejected that for the fourth time. In essence a large majority of Americans consider this to be the house's making to keep on presenting the same issue that really was passed 3 years ago and settled with the Supreme Court - like a bunch of bullies and spoiled brats. IMHO, there are better tactics to get your way rather than being babies and crying over spilled milk. It just seems that the babies are going to have to give in first, in this case, but how long can they hold out and continue to cause damage to the credibility of the US financial legitimacy. In any event, the stock market seems to be taking this pretty well. The last few days that the market was open, the Dow was down nearly a percentage each day. This morning the Dow is up nearly half a percentage. Go figure! There must be some optimism in the market that this shut down fiasco is going to work itself out soon. [/QUOTE]
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