The markets are not plunging "despite the debt ceiling" vote...
They are plunging BECAUSE OF the Debt Ceiling vote...
Remember most of those trillions being cut go directly or indirectly to Wall Street Corporations... Social Security Checks are in the Walmart cash registers within hours of being issued... Government contracts..for War spending (a/k/a "defense")...and other services are a huge part of corporation balance sheets...
THE MARKETS HAVE PLUNGED EVER SINCE BOEHNER "WON" ON THE DEBT CEILING...
Wall Street realizes that the gravy train is over in Washington...NOTHING will pass now...
And that is why you have the TEA PARTY DEPRESSION... starting now...
In defense of the Tea Party...and Obama...this was a long time coming...and it would have happened anyway...
As I have said...the "value" of the Tea Party is that they get us to TOTAL COLLAPSE QUICKER...than Obama and the Progressives...
Neither side has a clue or a cure for whats is really wrong...
Namely the blending of the Chinese and American economy into the Chimerican Low Wage System...that is draining the US economy of its productive capacity.
