Backup Backbone News Today

What you see in that price frux wags is the perceptions in the market about the value of the dollar or fears or hopes about the dollar. >> but gold does, it did in the days prior, it fluctuated. >> the gold standard fluctuated hardly at all unless you were starting to print too many dollars, and thats the virtue of gold that tells you youre starting to print too many dollars, pull back. >> so that is sort of like a backup backbone for us not to go crazy. >> absolutely. >> but steve forbes doesnt...

In fact no signs period. which weed pointed out when we covered the sequestration thing, it was inelegant and sloppy but the backup backbone was some cutting so it wasnt going to do anything horrific but was promising it cut something. cult the growth of something. but i do know they consistently do not swing the sequester doom and gloomers way. that is what is clear. tom says, looking at all of this and understanding that theres a big old secret disconnect. they still hold out that possibility,...

Agreement. i called it a backup backbone. but i agree with you on this, the cuts are not cuts, theyre shaving off the growth of varies programs in the future so nothing is outright cut. in a $3.5 trillion budget, $82 billion is a joke. having said that, its better than nothing. its better than just letting this pass by. >> right. you know why its better? the american people have said that the debt in our debt deficit is their biggest worry. pew research did a study and guess where the deficit an...