Today’s Items:
First…
Debt Limit Accident?
http://www.zerohedge.com
Okay folks! Grab your popcorn because Treasury Secretary Jack Lew stated that November 3rd is when extraordinary measures will be exhausted. As a result, traders have begun a panic selling of T-bills as Jack warns of a “terrible” debt limit accident. How the hell does one have a debt limit accident when monitoring spending? Oops, I forgot to whom I was talking about.
Next…
Lame-Duck Opportunity
http://www.latimes.com
The hopefully outgoing John Boehner, who is responsible for a nearly $4 trillion increase in the national debt, is seeking a compromise with Democrats over raising the debt. In short folks, despite the pubic statements, this stinking sack-of-shit’s last act in office is to give Obama everything he wants.
Next…
Tipping Point
http://www.activistpost.com
Robotic labor is now literally cheaper than human labor, and it is poised to undercut work forces and drive layoffs even further…
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