When the seed of the Gospel is sown, it can land in receptive soil, or, in soil that will not allow the seed to germinate. Today we learn more lessons on how some seed lands where its hearers will ...
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Simplify - Comprehend - Profit. A unique perspective on today's financial challenges and opportunities, with Tom Waitt.
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WALL OF WORRY - PART 14
July_27th_2011.mp3 Wall of Worry - Part 14 Fear and bearish forecasts still surround equity markets despite the fact the Dow Jones industrials has doubled from the lows set in 2009, and is currently up 8.4% so far in 2011. U.S. Debt Ceiling (Click For Larger Picture) 
The latest wall of worry concern is the U.S. debt ceiling which adds to recent distraught worries of unemployment, European unity, Mid East unrest and revolution, Oil supplies, housing crisis, mortgage foreclosures, bank failures, too big to fail bailouts, Japanese earthquakes and tsunamis, nuclear meltdowns, Chinese accounting, Russian corruption and now political wrangling as Democrats and Republicans prepare for Presidential elections in 2012. The debt ceiling is the legal limit on the amount of money the US government can borrow to pay its bills, which includes the salaries of federal employees, federal programs such as Social Security and Medicare and principal and interest payments to bondholders. The current limit is $14.3tn.The US constitution stipulates that only congress can authorize the federal government to borrow money. Since 1962 congress has raised the debt ceiling 72 separate times, including 10 times in the past decade alone. What's different this time? It's politics! Republicans, who currently control the House of Representatives, want to reduce the national debt by cutting government spending. Some Democrats are calling for a mix of tax increases as well as spending cuts. The latest Democratic plan contains no tax increases, but Republicans argue that it does not cut spending enough. There are many opportunities to make money but it requires action on your part, each stock selected must show risk/reward of at least 2:1. Make the call - let me provide you with a unique perspective on your investments through a no-obligation consultation. Contact me by filling out the 'Unique Perspective' form on the Contact page, or by calling at 1-204-982-0633. Before trading, please contact an investment professional.
The latest wall of worry concern is the U.S. debt ceiling which adds to recent distraught worries of unemployment, European unity, Mid East unrest and revolution, Oil supplies, housing crisis, mortgage foreclosures, bank failures, too big to fail bailouts, Japanese earthquakes and tsunamis, nuclear meltdowns, Chinese accounting, Russian corruption and now political wrangling as Democrats and Republicans prepare for Presidential elections in 2012. The debt ceiling is the legal limit on the amount of money the US government can borrow to pay its bills, which includes the salaries of federal employees, federal programs such as Social Security and Medicare and principal and interest payments to bondholders. The current limit is $14.3tn.The US constitution stipulates that only congress can authorize the federal government to borrow money. Since 1962 congress has raised the debt ceiling 72 separate times, including 10 times in the past decade alone. What's different this time? It's politics! Republicans, who currently control the House of Representatives, want to reduce the national debt by cutting government spending. Some Democrats are calling for a mix of tax increases as well as spending cuts. The latest Democratic plan contains no tax increases, but Republicans argue that it does not cut spending enough. There are many opportunities to make money but it requires action on your part, each stock selected must show risk/reward of at least 2:1. Make the call - let me provide you with a unique perspective on your investments through a no-obligation consultation. Contact me by filling out the 'Unique Perspective' form on the Contact page, or by calling at 1-204-982-0633. Before trading, please contact an investment professional.
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