Admin

Super-committee due to have decision by next week?

By
Real Estate Broker/Owner with All Seasons Real Estate, Inc. 01336187

The six Democrats and six Republicans that are supposed to be working to slash the government's budget are to have a decision be the 23rd and it is supposed to be voted on by Dec 15.  From what I am reading this is most likely not going to happen.

 

What will this mean?  I just  read a prediction that says that the US credit rating will be downgraded again and the stock market will have a huge crash.  Must admit that this report is from a source that sells investment advice.  However, this same news is all over the news if you look for it.

I hoe that the super committee comes up with the solutions that it is tasked to do.  If not, the results could be quite damaging.

I believe that there is a solution out there, and if politicians stop being partisan (both sides) than they may be able to come together to do something good for our country.  Our country that so many of us faught for deserves better than what it is now getting.

 

Here is the article:  http://finance.moneyandmarkets.com/reports/LOA/ANDR/charter-lp-q.php?s=p446&e=4674148&p=2

 

I would appreciate as may people chiming in on this as possible.  Thank you!