liveonearth (liveonearth) wrote,
liveonearth
liveonearth

Asian Markets Up After Debt Ceiling Agreement

http://www.washingtonpost.com/business/economy/asian-investors-anxiously-monitor-us-debt-talks/2011/07/31/gIQAAyq9lI_story.html?wpisrc=al_economy

I guess they're happy that we can keep steering their freight train toward that cliff. Obama is the pragmatic fall guy, demonized by most. He calmly goes about the business of finding something productive that we can agree on. He is willing to disagree with his own party, which is refreshing and hopeful. His positions make sense to me. I have long been disappointed that he could not take on big business more directly. I know he wants to, the socialist pig. Just now though with today's agreement we see that the guys with the corporate jets have as much control over the law as everyone who is afraid to see medicare cut.
Tags: america, asia, corporations, currency, economics, healthcare, investing, national debt, obama, politics
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  • QotD: Do Unto Others

    Do unto those downstream as you would have those upstream do unto you. -Wendell Berry

  • QotD: If you don't

    "If you don't do it this year, you will be one year older when you do." -Warren Miller

  • QotD: Viewpoint Diversity

    ..."viewpoint diversity is necessary for the development of critical thinking, while viewpoint homogeneity (whether on the left or the…