You don't have to be a Harvard Economics Profesor to know that even the "great Republican Party" would never let our Country go into default . The House would huff and huff but would never destroy America's AAA rating. So with time growing short(and disapproval ratings in a free fall),some meaningful discussions took place at the White House.
Of course investors worldwide desperate for some encouraging news, acted on it, sending the Dow skyrocketing back over the 15,000 mark. The next few days should be more fun than a barrel of monkeys!!
Steve "Adam Smith " Goldman reporting.
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