SELLOUT? FUTURES RISE ON HINT AT TAX CUT? DEAL

"Republicans prevailed on their biggest demand: continuing Bush administration tax cuts for the wealthiest Americans, despite Obama's 2008 campaign promise to let them expire for households earning more than $250,000 a year. Obama, while acknowledging Democratic unrest, agreed to extend the tax breaks for two years, whereas Republicans wanted a permanent extension."

"If the tax cuts are extended, however, taxpayers won't really notice any change in their bottom line. So it's unlikely to create any new stimulus for the economy."

If tax cuts are extended for 2 years? cost range estimates from $200 Billion to as much as $500 Billion.

OIL rises past $90 !! and becomes a "tax" on the people.
"He also didn't rule out the possibility of more asset purchases if the economy remains weak in 2011. That may give rise to fears of a QE3-inspired super spike in commodity prices."

But we are getting the inflation Bernanke wanted and targeted....asset prices are rising, as I continue to hear talk about "WHEN" the economy improves.....yes what is going on now feels peverted to me.

D