CONGRESS AND MARKET DANGER. Last Thursday, I posted here that because of the dangerous financial situation dramatic action should be taken quickly (over the weekend) because markets can move very quickly. Let me repeat that thought.
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What if the action taken is dramatic, but counterproductive?
Negotiating a plan and then rejecting it is certainly a highly theatrical gesture and, I think, counterproductive, but I’m not sure that is what you had in mind.