Comments on: Don’t buy any debt deal relief rally http://blogs.reuters.com/james-saft/2011/07/28/dont-buy-any-debt-deal-relief-rally/ Tue, 24 Mar 2015 16:54:45 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: NukerDoggie http://blogs.reuters.com/james-saft/2011/07/28/dont-buy-any-debt-deal-relief-rally/comment-page-1/#comment-910 Mon, 01 Aug 2011 17:37:55 +0000 http://blogs.reuters.com/james-saft/?p=539#comment-910 Mr. Saft is right again – the morons that bought high this morning are having to sell low this afternoon.

In times past, we used to have trouble in D.C., but the markets and the U.S. government always recovered. It was really amazing to watch – nothing could stop the 7th world power.

Then came massive over-reach under Clinton and bush, and more ill-fated massive financial over-reach under Obama to try to kick-start the economy and salvage the financial system. Enough red ink to drown every semblance of strength.

Our American system is so sapped of its former strength and independence – both politically and financially – that there’s no bounce-back anymore. No relief rally that will be sustained.

America needs a ventilator – it can’t even breathe on its own anymore.

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