Parallel Energy Trust T.PLT.DB

RE: RE: any buying of plt.un...

[themangokid]

yeah, just a few items of legislation.... that congress has been unwilling to compromise on for more than a year.  they have 2 months now to get something done.  the plan was to get obama out of office and have mitt work with congress to cut social programs, tax those who dont presently pay taxes now (those who make to little etc etc) and reduce taxes of the wealthy by 20%.  however obama is still in and congress is still not compromising.  its a legit threat to the market.

 

if they go over the "cliff" it wont be a minor event.  it could provide an opportunity for those with a longer view but its not going to be pretty.