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Is There Reason to be Optimistic in the Budget Debate?

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  • Description

    FBN’s Gerri Willis on why there are signs of optimism in the budget battle.

  • Duration 1:18
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This week the Federal Reserve ends its latest stimulus program so called QE2.

Which is -- 600 billion dollars and the financial markets since last fall.

Keep in mind that's on top of one point four trillion the Fed had already flooded the market -- But it hasn't done the trick holding rates down near 0% that's the affected the Fed's program.

Hasn't managed to improve anybody's balance sheet government still awash in debt consumers holding 40% more -- and credit cards and car loans than a decade ago.

He would've thought lower interest rates would cushion the blow -- paying down debt but the opposite was true it just made it.

Holding debt more bearable but I am optimistic here's why first the president is finally finally becoming a player in the budget negotiations.

After months of looking for leadership on the most contentious issue in the country.

White House finally entering the parade that's good.

And second Rod Blagojevich.

The former Illinois governor notorious.

For thumbing his nose at prosecutors.

Was convicted.

On nearly all charges in his retrial those charges included attempting to traders sell president Obama's former senate seat.

Among other corruption charges.

Look we can drain the swap and we can't find common ground and the budget debate that's my two cents --

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