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This may be the worst market disaster to ever have a date attached to it. And I get a dozen emails a day imploring me to load up on stock, and don't let the naysayers blow up my plan. One gnome went as far as to say Sequestration would BOOST the market, because other countries would see how serious we were about controlling our costs. Not the new credit downgrade the ratings services already have teed up on their distribution out basket.

I would be cheerfully happy to be 100% wrong and have this nightmare pass without a ripple. I suggest institutionalization for anybody who bet actual money on that outcome. Or much, anyway.
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