Monday, October 07, 2013 10:59:53 PM
The shutdown will go at least another week. The votes have been there all along but Bahner won't allow the vote to go to the floor because he's worried about his job.
Some of the more extreme Republicans bet on de-funding the health care act and lost. Now the Republicans are trying desperately to come up with something (anything) else to to bargain with in order to save face. The whole thing is a political sh&t show.
That said, as a neutral investor, it shouldn't matter how we got here...just be ready to buy something on the dip.
For a wonkish conspiracy view, keep reading:
Since Bahner is literally the one man standing in the way to ending the shutdown by not allowing the vote to the floor (and he knows the Dems have the votes), one might wonder if there is external pressure on him to stall long enough to "force" the correction that many (including myself) feel is long overdue. But I digress
Cheers!
Some of the more extreme Republicans bet on de-funding the health care act and lost. Now the Republicans are trying desperately to come up with something (anything) else to to bargain with in order to save face. The whole thing is a political sh&t show.
That said, as a neutral investor, it shouldn't matter how we got here...just be ready to buy something on the dip.
For a wonkish conspiracy view, keep reading:
Since Bahner is literally the one man standing in the way to ending the shutdown by not allowing the vote to the floor (and he knows the Dems have the votes), one might wonder if there is external pressure on him to stall long enough to "force" the correction that many (including myself) feel is long overdue. But I digress
Cheers!
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