Clearly the Fed hawks are as active behind closed doors as they are behind the podium as many of the issues being debated day to day were hashed out in the last FOMC meeting.

We jumped to 82.79 briefly but are pulling back now as Obama takes to the podium to talk about the budget impasse. He blames the Republicans for not passing a budget since they took office in January. The budget process generally takes place in late summer.ear;y fall before the beginning of the fiscal year in October, when his party was in power.