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Political Rants and Chatter: Danger ahead! Watch the Bond Market! NOT SUITABLE FOR 0bama supporters.

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    • CommentAuthorslam608
    • CommentTimeJun 7th 2009 edited
     Report Post# 1
    Hussein 0bama's wild spending spree is producing the opposite effect of what was intended...will he give up on Health Care take over or will he force stocks to plummet again?
    http://apnews.myway.com/article/20090606/D98L67500.html
    • CommentAuthorDarrell
    • CommentTimeJun 7th 2009
     Report Post# 2
    Drudge reports that it is a major concern and he's looking for a way for the high earners to pay for it.
    • CommentAuthorPatches
    • CommentTimeJun 7th 2009
     Report Post# 3
    Thanks for the article slam. I was wondering about this. It's especially true with mortgage rates now around 5.5%. While historically low, it's not enough of a spread to make many people pay the $3K up front to refinance. Looks like the bond traders are trying to challenge the Fed.

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