Avoiding Federal Government Shutdown: The agreement included some $38.5 billion dollars of extra spending cuts [1]. We are swimming in red ink and all they can agree to is a miniscule cut? Do they think that people will be fooled by the “big number” of $38.5 billion? They will never balance the budget! The congresscritters have doomed us to a Dollar Disaster of epic proportions.
Frequent content contributor C.D.V. sent us this: U.S. Dollar Crisis Looms, Spike in Interest Rates Following End of QE2 [2]
Also from C.D.V.: Toxic Dollar: Why Nobody Seems to Want US Currency [3] (Finally, the mainstream media is catching on!)
Items from The Economatrix:
Natural Gas Drops; Oil Jumps Above $110 [4]
Euro Sinks on Fears of Bailout [5]