The Market On Monday

  Good morning. It is 47 degrees and sunny here in Upstate NY. The weather logos are pointing to a reasonable week of weather. We'll take it. I hope you had a good reviving type of weekend. I was busy working on the house trying to squeak out the last few days of decent weather on projects involving the exterior of the house. Right now I'm mostly painting.

  At 8:40 a.m. ET futures are significantly lower and the price of oil per barrel is down. The market is poised to steeply drop at the opening bell.

  Once again deep fear is back on Wall Street as the pointy headed GOTea has essentially decided to tank the economy by not raising the debt limit. I don't know what the hell these people are thinking, but I do know this, they are not making a lot of friends right now. The level of animosity directed at the GOTea could not be higher. Send these idiots packing on election day this year and next.

CNN: Debt deal deadlock to weigh on stocks

"Markets are responding accordingly ... as last week's hope that we would see an early-week deal has evaporated."