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There already going up.
Originally posted by SeekingAlpha
So how far in the red will the DOW be at opening bell tomorrow? I say down 100 at the open and 200 at the close if no progress is made during trading hours.
Come August 2nd, if we default, DOW should be down at least 400 points.
Better get ready to sell your investments.
Is the Republican party beginning to collapse? This is the first time I've seen a break in their unity in a very long time.
Despite the rhetoric, this is going to hurt them immensely if they can't even agree on their own bill.....and it's a bad bill anyway.
Basically, it's cut programs that help struggling americans or employ them, or default on our debt and we're all F'd...all in defense of closing corporate tax loopholes and a decline in any kind of increase for revenue.
"What we're trying to do is save the world from the Republican budget. We're trying to save life on this planet as we know it today."
They don't seem to care....they are against any kind of compromise....even if it comes to their own party.
This is how it used to be not long ago...the world survived. Tariffs used to be where most of the governments revenue came from.
Oh those poor old and sick people.....give me a break. It doesn't matter what programs are cut someone will have a sob story. We need to cut spending on a massive level and close tax loop holes, then we need to create higher tax brackets for the mega wealthy. As far as i'm concerned billionaires should not exist, coming form a 100% capitalist fan.