Deflation to drag down S&P 500

Russell Napier, stock market historian, predicted in 2009 that easy monetary policy would drive a long rally in stocks, followed by a crash taking the S&P 500 below its 2009 low. He tells John Authers he sticks by that, but now thinks it will be driven by deflation, not inflation

Schizo Shutdown: Does govt halt show loss of touch with reality at Capitol Hill?

Moody's analysts say if the shutdown continues for a month, it will cost about 55 billion dollars - which was roughly the losses caused by Hurricanes Katrina and Sandy, excluding property damage. Charlie McGrath, founder of the Wide Awake News portal, believes the US lawmakers are completely disconnected from the nation.

Hecklers Interrupt House GOP Presser: 'You Guys Are Worthless' - (October 1, 2013)

October 1, 2013 - The House Republicans appeared before the press on Tuesday in front of the Capitol Building to address the government shutdown. During the press conference, a group of hecklers attacked the Republicans hurling insults and saying that the GOP cannot govern the country. "You guys are worthless," one heckler said. "At 1 o'clock last night, we gave them everything that they wanted," declared Rep. Steve Scalise (R-LA) as a heckler tore into the GOP. "We gave them the chance to sit down and they turned us down."

This explanation failed to satisfy the hecklers who continued to pepper the Republicans with insults.