On 02/25/2013 04:40 PM, John wrote:
The market is now showing its fear of the upcoming sequestration of
government spending.
http://finance.yahoo.com/q?s=^DJIdesktop_view_default=true
I think this is sneaky austerity since the term austerity has such a
bad connotation given the new media in the US. Just wait until you
can't afford food any longer and you'll wish you had rioted months ago
when government wasn't so ready for it. And the Republicans are looking
forward to buying your assets for pennies on the dollar. That is if you
have any assets (and we sometimes wonder on FFL).
