7/14/11
Deal Coming
The Web is alive with speculation about the effects of debt default. You heard it here. The job will get done at the final minute and the resolution will be better than expected. Why? Because we cannot afford not to do more than a mini deal and pass muster with the credit ratings folk. And the GOP cannot afford to give the baton to the utter wingnuts who want to drive us over a cliff. Ultimately wiser heads will prevail and the solution will emerge from the White House with a calm and cool Obama announcing that an historic compromise has occurred. If I am wrong my advice is to sell everything and hang on to your Bible.
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