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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Ann Corrigan who wrote (46829)9/16/2008 2:03:46 AM
From: MJ1 Recommendation  Read Replies (1) of 224748
 
September 29th issue of Forbes p. 110------under Portfolio Stategy by Ken Fisher

Article is "The Unbubble"---- a catchy title----

Ken Fisher cuts through the doom and gloom that is being exacerbated by the media and by the doom and gloomers, imo mostly the liberal left attempting to instill fear before the election.

One paragraph worth quoting----

"In a bubble, anyone who argues pessimistically is seen as crazy. In today's reverse bubble, when you argue optimistically you're seen as the crazy one---you "just don't get it" And, because there is no word for irrational pessimism, folks are blind to it. Bubbles are hard enough to see, but reverse bubbles are completely invisible."

Fisher continues as he puts Fannie Mae's problem in perspective---like wise the constant chatter that leaves us to believe that the sky is falling.

What Fisher doesn't touch on are the politics of money-----if I were to give one thing that is overhanging the markets it is the election and the fear of a possible Obama Presidency.

Since Obama indicated he would run------his message has been one of doom and gloom. Fear, doom and gloom imobilizes people----inhibiting their actions

Obama's call for change and hope are born in fear ----i.e. We must change, America not respected, the ususl litany of bash America.

mj
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