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Politics : Liberalism: Do You Agree We've Had Enough of It?
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To: Kenneth E. Phillipps who wrote (158245)7/26/2013 11:22:48 PM
From: Paul V.  Read Replies (1) of 224855
 
Kenneth,
Do you think Congress will shut down the government over Obamacare?
In some ways I hope so like some of our conservatives on this site. My rationale, individuals feeling pain are motivated against those they perceive are the source of the pain. In this case it will probably be the House Republicans where the voters will focus their guns.

Yes, we can expect some pull back in our IRA, 401-K's and mutual funds. The result IMO would be the election of H. Clinton as the President in the upcoming Presidential election and taking back the Republican House in the next Legislative elections. A cultural revolution is occurring in the voting population. Pull backs will allow us to purchase stocks at lower prices while those who are less risky get their .50% on their CD's. But, that is the investors choice. In the mornings a group of retirees that I get together with have been discussing "where does excessive profits turn into greed at the sacrifice of the less affluent."

One of the individuals has an income of $500,000 annually, owning a 12,000 square foot house in our midwest community of 50,000 extended community. His family has a "family limited partnership to reduce his future taxes. And, he is one of the less wealthy when compared with a multiple billionaire, Rex Sinquefield. Sinquefield can laterally provide the resources to buy the necessities to get his bills through the State House and Senate and support his candidates for election. This information has been reported in many forms of the media.

You can google his resume!
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