Sunday Brunch Breakfast Links

Posted by Jeff Carter
on July 31st, 2011

Maybe we need Monty Hall in Washington DC. Boehner and Reid get closer to a debt deal.

Seeing more of this from the left. Ignore the Constitution by using the 14th Amendment. I don’t think either party really wants to go there. If they can’t reach a deal, they will fall back with the McConnell plan proposed over a week ago.

More on the anemic GDP numbers. They are “unexpectedly” low. A key number to look at over the next couple of months will be consumer confidence. A big drop in confidence will signal another recession. Already, we are hearing anecdotal stories about empty car dealers and empty stores.

The end of Obamanomics-which is really the end of Keynesianism. Going to take a few elections and a lot of education to straighten it out. (Both parties by the way)

3 Things You Need to Know about Trade deficits. (it’s not what you think)

Some unrest in China.

The effects of massive debt. One effect, you lose personal freedom.

I back Andrew Breitbart on this issue as well.

Will CME Group ($CME) move? Who knows. Illinois politicians should not take their statements as an idle threat to get bargaining leverage.

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