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Wanna go back to the budgets and bring in Eric ball all right Eric I'm calling it the president's gonna solve the budget this week.
This budget that he's gonna sign.
Will not contain any big new spending on infrastructure -- pre school.
It's not gonna it's gonna keep the spending -- from sequester and he's got no huge great big new tax increases.
I'm gonna call -- Republican victory like crazy no I don't think you're crazy dad did it it's everything that that well not everything because is that we're still -- and I don't know three point seven trillion dollars in the Republicans -- truly like to see -- Some real spending on not being sequestered joke which isn't actually -- You know we've talked about this before it's not a real spending it's just a decrease on the increase.
Going -- every year on is that a Republican victory sure I guess so but why not mean he got every President Obama is that is what it's not normal law zillion dollar tax increase -- -- if Obama lost he's not always had our largest and outlined in the beginning of his second Tom.
Not gonna we're still losing store and we can call it a Republican winner Obama lost it doesn't matter we're still -- attack on 800 billion to a trillion dollars.
In new deficit for this year.
You know you look at -- if you look at Paul Ryan's budget for example.
Ten years down the road.
41 and a half.
Trillion dollars in spending and that was supposed to be a victory because the Democrat version was 46 and a half trillion dollars we're still.
Outspending -- it's still -- broken a broken system.
DC really has to figure out how to get -- balanced but balance budget would be a win.
In the short.
If I'm a trader trading -- for example.
I think this is a win for Republicans I think this is a win for me as an investor -- go off.
You -- I think you're inflating them you know you and I had this been twenty years trading and what I told you last time.
And the last time in the last times I think things are getting better it's by the President Obama.
If we continue to -- desist in the way we are -- you know adding 85 billion dollars -- the treasury.
It bit ingratiating to banking system I'll tell you this ready for this.
You have investors out there they watched the show to pick out stocks to buy.
Just by US banks.
By US banks we are giving them so much money we're giving them billions upon billions upon billions of dollars.
We're loaning them money at 0% interest they're taking that money turning around selling us back treasuries there actually but buying treasuries with that's -- they're taking.
Anywhere between a depending on how long that -- that they want to use on float anywhere between the two and a 3%.
Gift so if you do that billions and billions of times you're making money are banking system is going to be over capitalized when the over capitalize something -- what happens the stock.
It was a night stay at a bank since Barry Bonds has -- American man -- capsule and the people out there doing right now OK okay now I.
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