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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (87373)	7/10/2010 1:23:32 PM
From: Carolyn	1 Recommendation Read Replies (3) \| Respond to of 224729

Common sense tells me to cut back if I do not have the money. Do you run your household like that? Spending even if you do not have the money?

To: Kenneth E. Phillipps who wrote (87373)	7/10/2010 3:21:35 PM
From: Sedohr Nod	1 Recommendation Read Replies (1) \| Respond to of 224729

The problem is spending gets increased in booms, average times, recessions and depressions.....they know nothing else and squeal like stuck pigs at the thought of any real fiscal management.....none of it is sustainable at some point(and we're past that point)....it was not hard to predict that governmental fiscal foolishness would outstrip growth rates in the real world. None of this was a mystery....just like knowing GM's legacy cost would eventually swamp them. You have no business asking anyone if they have taken economics courses.

To: Kenneth E. Phillipps who wrote (87373)	7/11/2010 12:25:30 AM
From: tonto	2 Recommendations Read Replies (2) \| Respond to of 224729

Kenneth, you are an ignorant old man who is way too in love with himself. How dare you ask Carolyn that question when you clearly lack basic econ skills. You are obviously an unhappy person. What a waste of life.

To: Kenneth E. Phillipps who wrote (87373)	7/11/2010 9:07:39 PM
From: Hope Praytochange	Respond to of 224729

Many individual investors were tiptoeing back into stocks in the spring. Now, they're running for cover again. Karen and Roger Potyk, a comfortably retired couple in San Antonio, Tex., had clung to some stock mutual funds despite their anxiety following the financial crisis of 2008. But the renewed market volatility following the "flash crash" of May 6 proved too much to bear. View Full Image Karen and Roger Potyk. Karen and Roger Potyk stuck with their stocks through the tech wreck, the Sept. 11 attacks and Enron, but their confidence was shattered after the 2008 collapse of Lehman Brothers, in which they lost $75,000 on a Lehman bond. ."We just didn't want to put up with it any more," says Karen Potyk. She and her husband sold the last of their stock holdings on May 20, moving the money to bonds, certificates of deposit and bond-like annuities. Small investors' faith in stocks, which surged in the 1990s, has collapsed since the technology-stock debacle and the Enron and WorldCom scandals of 2000-2002. The 2007-2009 financial crisis only made things worse. Now, the pullback among ordinary investors means they are a declining force in a market that is increasingly dominated by professionals. IF THE IDIOT ODUMBA is good for the markets why these people pull money out: idiot and stupid kennyboy ????