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  • An agreement is "within sight," but not yet done, says the President (webcast), apparently using his address to push negotiations over the finish line. The deal on the table extends current income tax rates on those within a certain income threshold, but does not appear to prevent payroll tax rates from going back up. S&P 500 +0.6%[View news story]
    again, double-speak and hyperbole with little substance. And they eat it up, all 9 of the people who clapped and cheered.
    Dec 31, 2012. 02:05 PM | 4 Likes Like |Link to Comment
  • EU Monetary Affairs Commissioner Olli Rehn warns against restructuring the debt of Greece, Ireland, and Portugal, likening it to taking a drink to help a hangover. And what would he call the piling on of new debt to try and cure the problem of too much debt?  [View news story]
    ...a stimulus package?
    Apr 27, 2011. 08:46 AM | 5 Likes Like |Link to Comment