My advice: sell short.

The deal that appears to have been approved whereby the debt ceiling will be lifted was negotiated in the same way as Vito Corleone used Luca Brazzi to negotiate contracts in "The Godfather." We do not need to cut spending nearly so much as we need more revenues. I agree with Bill Maher’s assessment that of the two political parties, one has no brains and the other has no balls.

The bobbed tail is wagging the clueless dog. Meanwhile, the Shih Tzu just shoved the American mutt out of the way to crowd in and take everything from the food bowl.

So if you have any money to invest, wait for the right moment, then bet on the markets to slide. Things look to get worse.