Just my thoughts: There are two kinds of fed overspending - SGG and OPM. SGG is what we are seeing now from ScoMo & co - they are frantically trying to Save the Golden Goose. If it dies, the golden eggs of federal revenue die with it. The other kind of fed overspending gives out Other People's Money until there's none left, and then some. We've had more than enough of that in the past, and I hope we never see it again (bet we will though, as soon as the goose it fit and well again and Joe Public thinks it's safe to put in an OPM govt).
BTW, I'm happy so far with my buy at 0.15. I actually hope my 0.10 offer doesn't get filled - I've had enough pain to last a long while!
SXY Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
