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I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME

 
Limpan (OP)

User ID: 1474973
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10/15/2013 10:31 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
Investing.com - Crude oil futures declined on Tuesday, as the U.S. dollar gained on signs U.S. lawmakers may be close to striking a deal to raise the debt ceiling ahead of Thursday’s deadline.

On the New York Mercantile Exchange, light sweet crude futures for delivery in November traded at USD101.48 a barrel during U.S. morning trade, down 0.9%.

New York-traded oil futures fell by as much as 1.15% earlier to hit USD101.25 a barrel. The November contract ended 0.38% higher at USD102.41 a barrel on Monday.
Limpan (OP)

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10/15/2013 10:48 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
Getting the feeling that we're going to see a deal on the Budget and Debt Ceiling today.
Limpan (OP)

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10/15/2013 10:51 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
Information that a deal is going to be passed tomorrow in the senate!!
Congress will send there bill, senate makes changes and the congress will vote yes

5a
Limpan (OP)

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10/15/2013 10:58 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
Deal, deal, deal, deal, deal, deal
Limpan (OP)

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10/15/2013 11:08 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
This is why a deal will be made!!

Investor on Bloomberg!!
Default would be 20 times worse then Lehman
Limpan (OP)

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10/15/2013 11:11 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
Deal is done!!!
GOP backs off!!

5a
Limpan (OP)

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10/15/2013 11:14 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
GOP backs off

hf
Limpan (OP)

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10/15/2013 11:15 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
Senate will send a bill to congress!!
Done deal!! Boehner last his balls
Limpan (OP)

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10/15/2013 11:57 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
Come on! All with a brain realizes that this is just one game before the world. Dow Jones is almost time high. Unemployment has been declining since 2008. If we went against default so you would see a major panic among politicians. They are millionaires you know! You would have seen a completely different behavior among politicians. This is only a game between the parties and in the end, one of the parties to stand with his tail between his legs.
U.S. will not go in to default!


slaphimslaphimslaphimslaphimslaphimslaphimslaphimslaphimslaphimslaphimslaphimslaphimslaphim
Anonymous Coward
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10/15/2013 01:53 PM
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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
A Shutdown Debt Deal Is Close, but Will It Work?

A tentative breakthrough in negotiations among congressional leaders to end the government shutdown and raise the debt ceiling faces a major test today: approval from the rank and file members of Congress.

Senate Majority Leader Harry Reid, D-Nev., and Senate Minority Leader Mitch McConnell, R-Ky., worked through the weekend and into this week hammering out the details of a potential compromise. But the fine print of the proposal will face the judgment of Republican lawmakers in the Senate this morning.

Monday's meeting was postponed because of ongoing negotiations, and the White House indefinitely put off a meeting with congressional leaders at the White House Monday afternoon to give lawmakers more time to hammer out the details of a compromise.

Where's Joe Biden? VP Shies From Debt Fight Spotlight

Both moves were viewed as positive signs that an end to the government shutdown that has so far lasted 15 days was near. And a deal would also raise the debt limit by the Thursday deadline.


[link to abcnews.go.com]

ohyeah
 Quoting: Limpan


I still think they will take us further to the brink to create an even stronger "stockholm" syndrome with the general public.

Speaking if Stockholm...I'll be there this afternoon. If you're right...I'll buy you a beer. dasbier
 Quoting: Anonymous Coward 26641154


And I will buy two for you!!


hf
 Quoting: Limpan



Ok..in stockholm. What did I miss? Do I owe you a beer?
Limpan (OP)

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10/15/2013 03:07 PM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
A deal will come
Anonymous Coward
User ID: 48294030
Romania
10/15/2013 04:22 PM
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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
OP says "take it out...it hurts!"

Your fail was epic!
 Quoting: Anonymous Coward 26641154


The night isn't over and if not!! You can't win them all!!

verysad
 Quoting: Limpan


You generally expect to win the ones you're "100% certain" about.
Anonymous Coward
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10/15/2013 04:33 PM
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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
A deal will come
 Quoting: Limpan


Too late I'm lit like a christmas tree watching Germany come from behind leading 5/3! Woooo
Anonymous Coward
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10/15/2013 04:37 PM
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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
U keep saying deal deal deal. It fell apart there is no deal. No amount of bullshit optimism u regurgitate will change that currently
Anonymous Coward
User ID: 46348647
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10/15/2013 04:39 PM
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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
Even if there is a deal who cares????? Seriously, print more fake money and give it to the Chinese?? How long can this last?
Anonymous Coward
User ID: 2047264
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10/15/2013 04:44 PM
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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
Even if there is a deal who cares????? Seriously, print more fake money and give it to the Chinese?? How long can this last?
 Quoting: Anonymous Coward 46348647


chuckle
Limpan (OP)

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10/15/2013 05:44 PM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
U keep saying deal deal deal. It fell apart there is no deal. No amount of bullshit optimism u regurgitate will change that currently
 Quoting: Anonymous Coward 40082787


You don't see the whole picture. Even now they start talking about this not being the final deadline!! They still have money and time to make a deal.
Don't be fouled about MSM!!! If not tomorrow buy the end of the weekend!!!
CrazyEyesThreadKilla

User ID: 11785423
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10/15/2013 05:50 PM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
OP, you're a self-bumping monkey

apetit
Limpan (OP)

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10/15/2013 06:12 PM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
OP, you're a self-bumping monkey

apetit
 Quoting: CrazyEyesThreadKilla


The republican can't put up a bill!!!
This is it, doom over
No More Lies

User ID: 1707881
United States
10/15/2013 07:22 PM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
OP, you're a self-bumping monkey

apetit
 Quoting: CrazyEyesThreadKilla


The republican can't put up a bill!!!
This is it, doom over
 Quoting: Limpan


wrong...doom on
Thanks to whomever upgraded my account!
:nml:
Limpan (OP)

User ID: 1474973
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10/16/2013 01:34 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
There is signs there is a deal in the making!!!
They are working true the night in Washington

5a
Limpan (OP)

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10/16/2013 01:35 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
John Boehner’s Bad Night Clears a Path for a Deal
House GOP pulls vote on debt bill, leaving Senate to probe a path forward

[link to swampland.time.com]
Limpan (OP)

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10/16/2013 01:36 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
Senate Majority Leader Harry Reid and Senate Minority Leader Mitch McConnell are finalizing a deal to avert a debt default and reopen the government, capping a frantic day that had Washington bracing for an economic crisis of its own making.
The deal is essentially done, sources say, as aides for the two leaders finished drafting the legislative language Tuesday night. The Senate adjourned at about 10 p.m. with no official word on a deal and will reconvene at noon Wednesday.


Read more: [link to www.politico.com]
Limpan (OP)

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10/16/2013 01:38 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
Traders: There Is a Strong Expectation That a U.s. Senate Debt Deal Will be reached in the End, That a Default Will be Avoided

[link to www.forexadvantage.info]
Limpan (OP)

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10/16/2013 03:12 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
After the House abandoned a last-ditch effort to pass its own legislation, Senate leaders say they're closing in on a deal to reopen the government and lift the debt ceiling before a key Thursday deadline.
Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell re-started their negotiations to cut a deal in the upper chamber.
"We are making good progress," said Sen. Dick Durbin, D-Ill., after he emerged from Reid's office Tuesday evening.
Limpan (OP)

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10/16/2013 04:41 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
Financial chaos in the U.S. may be near a solution.
Sources say that Senate leaders have a deal going on and the night was met Democratic and Republican leaders.
- I think it will be fine , 'said Harry Reid when he left Capitol Hill early this morning .

After more than 26 hours remained before the U.S. goes over the financial precipice , negotiations resumed in the Senate.
The leaders in the Senate are close to an agreement and a contract can be completed within a few hours , a source told Reuters at 03 o'clock at night .
" I think it will be fine "
At 04.30 - Swedish time - leaving Senate spokesman , Democrat Harry Reid , Capitol Hill says CNN.
- I think it will be fine , he should have said, according to the TV channel .
But if they would make any announcement on Wednesday , he did not answer .
Senate sources later stated that there will be no agreement on Tuesday evening , U.S. time .
The meeting would resume at noon, local time, on Wednesday, says CNN.
The deal is to extend the government's ability to borrow money to 7 February and allow authorities closed can be financed through temporary funding until 15 January.
Want to speed up the process
According to the source is also discussion about speeding up the process so that Congress may adopt a plan before the United States according to Treasury estimates hit the debt ceiling on Thursday. But it requires that the Republicans controlled the House of Representatives collaborate.
A spokesman for Mitch McConnell , the Republican leader in the Senate , said that leaders are optimistic that an agreement can be reached.
Beached House of Representatives
A spokesman for Harry Reid, the Democratic leader in the Senate , also said that the two resumed talks and was hopeful.
None of the spokesmen gave no timetable for the new talks.
The meeting in the Senate comes after negotiations in the House of Representatives failed on Tuesday. Late yesterday it was announced that they will not vote on a new proposal yesterday.
In an interview with ABC News, Obama spoke yesterday about today's development :
- I expect that we will solve this , but do not have much time, says the president.
Limpan (OP)

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10/16/2013 04:43 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME


The most remarkable thing in this situation is that the world financial markets is as yet quite calm. They seem confident that the parties will finally agree. They simply can not believe that the U.S. shoots itself in the foot by triggering an artificial economic crisis.
The lack of open panic makes even the politicians do not really seem to understand the gravity of the situation.
Worst of all. If it eventually becomes a solution so just kick politicians can further down the path.
In a few months, the world can be in the same position again.


Because they know the will come together in the end!!!


wakeupwakeupwakeupwakeupwakeupwakeupwakeup

Last Edited by Limpan on 10/16/2013 04:44 AM
Limpan (OP)

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10/16/2013 04:54 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
World stocks and the dollar marked time on Wednesday as nervy investors stuck to hopes that U.S. politicians would come to a last minute deal to prevent the country defaulting on its debt.

U.S. Senate aides said after a chaotic day of negotiations on Tuesday that an agreement to lift the government's $16.7 trillion borrowing limit was near, although final details still needed to be worked out.

With markets wary over the eventual outcome, the cost of insuring one-year U.S. debt against default using credit default swaps hit its highest in over two years.
Limpan (OP)

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10/16/2013 04:55 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
Even if Congress reaches a last-minute or deadline-busting deal to avert a federal default and fully reopen the government, elected officials are likely to return to their grinding brand of brinkmanship — perhaps repeatedly.

House-Senate talks are barely touching the underlying causes of debt-and-spending stalemates that pushed the country close to economic crises in 2011, last December and again this month.

Late Tuesday, the GOP-controlled House dropped efforts to craft a bill to raise the debt limit and fully open the government. House members will wait for the Democratic-controlled Senate to act, which could push a final resolution past Thursday. That’s when administration officials say federal borrowing powers will be tapped out.


[link to www.boston.com]
Limpan (OP)

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10/16/2013 05:01 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
This is why it will not happen


afro




The prospect of default has sent shudders through the domestic and international finance system and threatens to undermine what US officials call the “full faith and credit of the United States” — the global reputation of bonds issued by the world’s largest economy as a safe harbour.

Interest rates on US bonds have already jerked upward in recent days over the uncertainty, and US President Barack Obama has warned that default would wash across credit markets, hiking interest rates everywhere — on mortgages, student loans and business borrowing.

The result could be a global recession worse than the US financial meltdown in 2008, and jeopardise the fragile economic recovery since then, Lew has warned.

Even before that, if investors wake up Thursday morning to hear Congress failed to raise the debt limit, there will be “immediate action” on the financial markets, starting in Asia, then Europe and the US, Buchanan told dpa.

“What’s going to happen on the markets is a pretty big panic,” he said.



[link to www.thehindubusinessline.com]

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