Stocks tumble as House Speaker Boehner says a debt agreement is "not close." Dow -75, gold rises...

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Stoploss Comments (1727)
 
Where's all the sunshine brigade?? Rainbows and unicorns??
Krugman??

You are getting your wish Kruggy.
22 Jul 2011, 10:33 AM Reply Like

warrenrial Comments (536)
 
Hold your ground Boehner and don't cave in.
22 Jul 2011, 10:50 AM Reply Like

Mad_Max_A_Million Comments (1173)
 
Shut it down - After a few weeks, Obama will forget he ever said he would not sign a 3 - 6 - 9 month extension.
22 Jul 2011, 11:58 AM Reply Like

bkpark Comments (325)
 
Oh, he's already forgot about it---didn't the White House already say (yesterday, I think) they are O.K. with short-term deal if it comes with a promise involving the Gang of 6 plan (which comes with no legislative language and apparently can't be ready by Aug. 2)?

It's only one more short step for this promise to expire in its entirety like all others.
22 Jul 2011, 06:39 PM Reply Like

davidingeorgia Comments (2713)
 
I hope Boehner is growing a spine, but I'll only believe it when I see him finish and not just talk about it. Talk on all sides is cheap right now and means less than nothing.
22 Jul 2011, 12:00 PM Reply Like

Ward421 Comment (1)
 
It's no secret that our legislators play the stock market. I wonder how much Boehner, a "job creator", shorted his portfolio before making that announcement.
22 Jul 2011, 12:01 PM Reply Like

J 457 Comments (869)
 
Fire Obama. Fire Boehner.

Replace with men that have the courage to make tough choices, not for lobbyist, not for Wall St, not for big oil, not for corporations, but for the American people and future generations.

Sorry to say, only solutions is;

Raise taxes on everyone.
Cut all govt services.
Cut all govt salaries.
Restructure 5.7 trillion debt owed to US FED.
Create all-inclusive energy plan and reduce oil imports (and foreign deficit trade imbalance)
Further regulate commodities to reduce speculation.
22 Jul 2011, 06:45 PM Reply Like

shadowgal Comments (67)
 
Politics is the art of compromise. What we are witnessing is reckless brinkmanship. Reagan and Tip Oneil made deals. Even Gingrich and Clinton. It's got to be give and take or we all could suffer.
22 Jul 2011, 11:47 PM Reply Like