DIGGER

Wall Street Breakfast: Must-Know News

Not all Repubs are right wing nuts nor all Dems Marxists. The current problem stems from sheer hubris and CFOs who failed to ask themselves "what if...? Not being an economic guru, I ask myself and others, why is it necessary to focus on past debt when the current problem is one of borrowing capacity? Why can't the experts come up with a package that assures govt. backing if someone wants to borrow. The old debt can be handled by bnakruptcy judges..Just a thought....

Still No Inventory Reduction at GLD

Stephanie's purview is interesting reading; however, for we poor shlubs without an MBA what does it all mean? Put another way: what pragmatic purview should one have after digesting her scenarios?