iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,460 Blog Posts

Exclusive: President Obama Negotiating with GOP Over Looming Crisis

Give this man a third term.

If you enjoy the content at iBankCoin, please follow us on Twitter

13 comments

  1. superb

    Who is the Lunatic here? Obama?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. og

    Who really thinks this won’t get resolved? Bears are in for a rude awakening.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • hattery

      The tea party and democrats both have enough incentive to bring the nation to default. Tea party has been boxed in a “no win” situation. If they roll over and let Obama have all his demands and debt ceiling is raised and spending continues, those that voted them in will see what they did as a failure. If they don’t, the nation already looks like they will cast the blame on their shoulders and every moderate will turnout the vote against them. As a result, their only hope is to stand their ground and hope the democrats blink.

      The democrats know that all the fingers are in position to point at the republicans and public perception is buying what they’re spinning. i.e. the dems would gladly fall on the sword now if they think it means a clean sweep in 2014.

      The silver lining is those making political contributions, especially from the banks. They have the incentive and means as primary dealers of the debt to force the hand via withdrawing all campaign contributions until the ceiling gets passed.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • hattery

        Also, certainly 16 moderate republicans in the house could get together with the democrats to “play hero” at some point.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • budh

          Boner has to let them vote on it. Just like Harry Reid decides what the Senate will vote on.

          • 0
          • 0
          • 0 Deem this to be "Fake News"
  3. flyaway17

    I bought some Apple, GTAT, XONE and REM when we were down 160-180 on the Dow…Just feeling like I wanted to get longer. That’s it for now, did anybody else buy stocks on this dip?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. capeless wonder

    I got picked up ANGI on the dip. I figure with a 20% drop this week and a seeking alpha article out it’s a guaranteed 10%.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. duckkell

    no dry powder…100% long

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. matanzas

    The latest Tea Party demand is re-open the Silk Road.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. taxlord

    had the same thought, bought some ANGI calls, too far too fast

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. matt_bear

    ZH saying shots fired at the capitol??

    • 0
    • 0
    • 0 Deem this to be "Fake News"