Debt Panel Deadline Coming. Don't Hold Your Breath.

So what happened this week?  JoePa hired a publicist to rewrite history,  Natalie Wood re-died, and Italy is near default.  I seriously doubt Italy will fall.  If Greece is still afloat, then Italy will resolve itself. 

The Debt Panel has a deadline coming up, and most on it are huge partisan players.  Doesn't look good.  Is it me, or is the market already pricing in failure?

The Eurozone being a dicey place to invest.  Perhaps that's why the dollar is up.

So if big money is buying US Dollars' isn't that good for US banks?  Maybe, but many US Banks have substantial Eurozone exposure. 

Despite the Newt Gingrich surge, inTrade.com lists Mitt Romney's chances of grabbing the GOP nomination at 67%. 

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-R