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  • Fitch revises its outlook on the U.S. to Negative while affirming a AAA-rating - citing its "declining confidence" Congress will agree on timely measures to bring about fiscal policies aimed at reducing indebtedness. The change in outlook represents a slightly greater than 50% chance of a downgrade from the ratings agency within a two-year timeframe.  [View news story]
    We didn't get into this mess overnight, but over decades. Easy to pass blame, but we all let it happen on our watch. And our political system is broken. We have a system that barely moves at all. Only in the last 15 years has the super-majority requirement (60 votes) been invoked routinely, just look at the last 5 years.

    A minority that has the power to stop the majority from doing much of anything and we don't really care.
    Nov 29 09:43 AM | Likes Like |Link to Comment
  • Dividend Income And Value Investing: Exxon, Shell, BP Take On Petro-States [View article]
    Where is Washington on all this? We need to protect our interests and make better use of our US resources.
    Nov 29 06:33 AM | 1 Like Like |Link to Comment
  • 6 Donald Trump Picks To Buy On The Cheap [View article]
    i'd buy INTC and JNJ any day before buying BAC or C now, unless you like playing roulette.

    First look for real signs of improvement and don't lose your cash.
    Nov 29 06:31 AM | Likes Like |Link to Comment