Originally posted at Capital Gains and Games.
Let me start by stating for the record that, while it would have been extremely entertaining to have a government shutdown a month before the 2012 election, the deal for a six-month continuing resolution kind of/sort of announced yesterday by Senate Majority Leader Harry Reid (D-NV) and House Speaker John Boehner (R-OH) and blessed later in the day by the White House is a good thing for the economy, financial markets, investors, business, and the country as a whole.
It may not be good for the tea party, but I'm more that okay with that.
Having said that, there are several points that need to be raised. more »
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