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The headlines on Wall Street, Washington and throughout the country have been focused understandably on the government shutdown and the pending debt-ceiling deadline.

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The Unconventional Way to Deal with the Shutdown

The headlines on Wall Street, Washington and throughout the country have been focused understandably on the government shutdown and the pending debt-ceiling deadline.

The Unconventional Way to Deal with the Shutdown

By Jim Woods

The headlines on Wall Street, Washington and throughout the country have been focused understandably on the government shutdown and the pending debt-ceiling deadline. After 10 days of political intransigence on the part of both Democrat and Republican leaders, Thursday brought a glimmer of hope about a deal to at least extend the debt-ceiling time limit. The markets certainly liked the conciliatory tone, as the Dow spiked 323 points, or more than 2%, on the news Thursday, and jumped 111 points, or .73%, on Friday.

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Written By

Jim Woods is a freelance financial journalist specializing in the markets and the economy. He champions the cause of liberty from a secured location deep inside the Golden State.

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