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Aug 2, US-living on borrow time from debt disaster
teeth53
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06-Jan-2013 13:14      About teeth53      Contact       Quote this Post!      Style: Flexible      Mood: happy
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Don't under estimate U.S. leader, they get thing done oni during last hr. B4 trade will stag n drag along, there after, another big green news forward for DOW to chion...huat huat...arhh.

teeth53 - on sharing info n my thot. 
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Hulumas
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06-Jan-2013 13:01      About Hulumas      Contact       Quote this Post!      Style: Flexible      Mood: cool
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Alert Admin 		All US equity indice will be > a decade long term trended down, for example:   Dow 8,000. . . . etc.
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teeth53
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05-Jan-2013 20:11      About teeth53      Contact       Quote this Post!      Style: Flexible      Mood: happy
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As always, this can happen again in late Feb/early March 2013, after those ugly fight.

Congress will have to pass yet another continuing resolution to avoid a temporary shutdown


teeth53      ( Date: 01-Jan-2013 13:42) Posted:

" fiscal cliff for a time" ...being shift to another level. Playing politics with fire. " Potentially a real.ly ugly fight."

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Hulumas
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02-Jan-2013 13:45      About Hulumas      Contact       Quote this Post!      Style: Flexible      Mood: cool
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Alert Admin 		Could it be disintegration of state as the final consequence, if it was not taken proper and effective  political/economic measure? I just wonder!

teeth53      ( Date: 02-Jan-2013 13:12) Posted:



3 more fiscal cliffs loom U.S. stocks rally ahead of cliff deadline

what's is ahead from March 2013... 

1. Debt Ceiling: Congress has to raise the debt ceiling soon. Real soon.

Treasury Secretary Tim Geithner Fed borrowing has reached the $16.394 trillion debt ceiling.

Deadline: The current continuing resolution expires on March 27. What's at stake:

Congress will have to pass yet another continuing resolution to avoid a temporary shutdown
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teeth53
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3 more fiscal cliffs loom U.S. stocks rally ahead of cliff deadline

what's is ahead from March 2013... 

1. Debt Ceiling: Congress has to raise the debt ceiling soon. Real soon.

Treasury Secretary Tim Geithner Fed borrowing has reached the $16.394 trillion debt ceiling.

Deadline: The current continuing resolution expires on March 27. What's at stake:

Congress will have to pass yet another continuing resolution to avoid a temporary shutdown
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Hulumas
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02-Jan-2013 11:13      About Hulumas      Contact       Quote this Post!      Style: Flexible      Mood: cool
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1. Selling all the Federal Gold reserved.

2. Greater expansion of GDP, especially, mutual trade to PRC and Japan.

3. Drastic change to Saving mind set for every US citizen.

The above might probably change the Fiscal cliff negative effect to the global economy, also benefit to US economy and employment growth in the long run! (just my two cents  idea at a glance) 

 

teeth53      ( Date: 01-Jan-2013 14:41) Posted:



A resulted for one party having great idea and another great party to hav another great idea. What to do with money,

how to spend more, print more, use more, pocket more by politicans to enrich themself...humm. 

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teeth53
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01-Jan-2013 14:41      About teeth53      Contact       Quote this Post!      Style: Flexible      Mood: happy
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A resulted for one party having great idea and another great party to hav another great idea. What to do with money,

how to spend more, print more, use more, pocket more by politicans to enrich themself...humm. 
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teeth53
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01-Jan-2013 14:33      About teeth53      Contact       Quote this Post!      Style: Flexible      Mood: happy
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http://www.usdebtclock.org/  (From - 14.4 Tri...) rising.....another xx trillion...??.

teeth53      ( Date: 23-Jul-2011 14:56) Posted:

Debt ceiling: What happens if it isn't raised?  President Obama and Treasury chief Tim Geithner will have to make hard calls about who gets paid if debt ceiling isn't raised.

teeth53      ( Date: 22-Jul-2011 21:27) Posted:

America's Debt Crisis
S& P briefs GOP lawmakers on fallout  S& P briefs GOP lawmakers on fallout

Credit ratings agency and Wall Street groups met with House Republicans to educate them about a downgrade.  More

Beware debt ceiling vote  - After a deal is struck, rank-and-file lawmakers will still have to vote. It might not go well.  More
States brace for default

Beware the debt ceiling vote



NEW YORK (CNNMoney) -- The debt ceiling talks, for weeks now, have been going on behind closed doors. The negotiations have been conducted by a tiny group of legislative leaders and President Obama's top aides.

All the while, the countdown to Aug. 2, when the government will no longer be able to pay all its bills, has marched closer.


Any proposal will still have to be put into legislative language, scored by the Congressional Budget Office and vetted by rank-and-file lawmakers whose votes will decide its fate.

Even after the principal negotiators announce a deal, the rest of Congress will have to be convinced to go along.

The closer to D-Day Washington gets, the messier it will be.


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teeth53
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01-Jan-2013 14:21      About teeth53      Contact       Quote this Post!      Style: Flexible      Mood: happy
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http://www.usdebtclock.org/ (U.S. Debt. Going up soon...??)


 

 
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teeth53
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01-Jan-2013 13:42      About teeth53      Contact       Quote this Post!      Style: Flexible      Mood: happy
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Alert Admin 		" fiscal cliff for a time" ...being shift to another level. Playing politics with fire. " Potentially a real.ly ugly fight."
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teeth53
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01-Jan-2013 13:32      About teeth53      Contact       Quote this Post!      Style: Flexible      Mood: happy
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Republicans pledged no tax increases, two mths from now, will see yet another cliff hangar stress going to test Obama administration.

Political ego, precarious dilemma that will test yet another last minute to dealt with.
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junction
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01-Jan-2013 13:31      About junction      Contact       Quote this Post!          
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Alert Admin 		No need to worry now, maybe later.  The US politicians are playing politics but they know there is a limit to their nonsence.

Hulumas      ( Date: 01-Jan-2013 12:52) Posted:

Oh....oh, I am so worried. Is US fiscal cliff unavoidable?
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teeth53
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01-Jan-2013 13:22      About teeth53      Contact       Quote this Post!      Style: Flexible      Mood: happy
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Another wait, a smaller agreement for fiscal cliff - 8 weeks to bigger battle...for now peace B4 and after CNY.

M& A, with abit more bullish on IPO-ing stk await 2013 on Asian scene.
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Hulumas
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01-Jan-2013 13:01      About Hulumas      Contact       Quote this Post!      Style: Flexible      Mood: cool
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Alert Admin 		Will Globalization of privatization  be on trend then? Preventing the disintegration of ..., is the upmost worried task then!

teeth53      ( Date: 31-Dec-2012 18:09) Posted:

America's Debt Challenge

Geithner: U.S. to hit debt ceiling on Monday

Government borrowing will hit the debt ceiling on Monday, Geithner says in letter to Congress. Treasury will soon start using 'extraordinary measures' to keep borrowing under the cap, and this...

Debt ceiling is the next fiscal cliff

Lawmakers are showing few signs they are ready to deal with the debt ceiling soon or cleanly. More
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Hulumas
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01-Jan-2013 12:52      About Hulumas      Contact       Quote this Post!      Style: Flexible      Mood: cool
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Alert Admin 		Oh....oh, I am so worried. Is US fiscal cliff unavoidable?
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teeth53
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31-Dec-2012 18:09      About teeth53      Contact       Quote this Post!      Style: Flexible      Mood: happy
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America's Debt Challenge

Geithner: U.S. to hit debt ceiling on Monday

Government borrowing will hit the debt ceiling on Monday, Geithner says in letter to Congress. Treasury will soon start using 'extraordinary measures' to keep borrowing under the cap, and this...

Debt ceiling is the next fiscal cliff

Lawmakers are showing few signs they are ready to deal with the debt ceiling soon or cleanly. More

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teeth53
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31-Dec-2012 11:07      About teeth53      Contact       Quote this Post!      Style: Flexible      Mood: happy
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http://money.cnn.com/2012/12/30/news/economy/fiscal-cliff-no-deal/index.html?iid=HP_LN

Failure by Congress to avert the tax increases and spending cuts will cause continued uncertainty and headaches for consumers and businesses about paychecks, tax returns, investments and more.

One day  left to  new yr, Congress n White Hse have yet to agree on a way to avert the fiscal cliff.

Lawmakers still at odds on last day before fiscal cliff
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teeth53
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31-Dec-2012 10:57      About teeth53      Contact       Quote this Post!      Style: Flexible      Mood: happy
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GLOBAL MARKETS-Stocks down as U.S. aims to avoid 'fiscal cliff'

ASIA CREDIT OPEN: Fiscal Cliff hopes fade as deadline nears

 
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teeth53
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31-Dec-2012 09:49      About teeth53      Contact       Quote this Post!      Style: Flexible      Mood: happy
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http://money.cnn.com/2012/12/29/investing/stocks-lookahead/index.html?iid=HP_LN

" It doesn't have to be sharp," he said. " A 20% drop would be astounding, but a modest drop would not be surprising."

No deal, more volatility: Investors could be in for a rude awakening on New Year's day. Despite the political and economic stakes, it's not a given that Congress will act.
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teeth53
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29-Dec-2012 22:13      About teeth53      Contact       Quote this Post!      Style: Flexible      Mood: happy
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(CNNMoney)It won't happen without a fight -- potentially a really ugly fight. And it may even push the country over the fiscal cliff for a time.

President Obama has pushed to raise tax rates on the rich, and House Speaker John Boehner has pushed to keep them low. If the fiscal cliff is to be averted, they may need to compromise.


But now that President Obama has been re-elected, and Democrats have retained control of the Senate, there's a far greater chance that high-income households will soon face higher tax bills.
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