HOT TENSION AND A COLD CONGRESS

The markets are trading down billions while the congress stalls. The huge jump in Gold was about more than what has been said by the media. Tensions are flaring in the Middle East. Troops are massed on the Lebanon-Syrian border. The 5+1 will meet on Thursday. The risk of war with Iran has increased as Iran has approached bomb making capacity.


Bush has issued two calls today for the congress to act quickly. How much further will the market have to fall before the congress acts? The bill is a 700 Billion Dollar bill. It stands to reason that it would face tough negotiations. On the other hand, the congress mush act quickly before the system breaks. Will congress make it out of town on Friday?