Friday, December 21, 2012

There won't be any downgrade after New Years Eve.

If there is then there is something hideous about the rating scheme. The USA will have an income increase after New Years Eve and will have $1.5 trillion USA cut from its spending. Those are not minor changes. 

Let's get on with what is important. 

Fear is no longer the venue of political strength in the USA.

In addition, there are all kinds of monies flowing out of the Fed that targets unemployment.

We'll be fine. Time to move on.