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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (100872)9/6/2011 10:21:19 AM
From: cirrus  Read Replies (1) | Respond to of 149317
 
The scope and potential consequences of the Europe debt problem is not understood by 99% Americans.



To: tejek who wrote (100872)9/6/2011 10:38:59 AM
From: Road Walker  Read Replies (2) | Respond to of 149317
 
I can accept that there are problems but I can't accept such blatant inconsistencies with the markets. For the first time in over ten years, I am thinking of getting out of the markets completely. This is BS.

Sort of the same way I'm feeling about US politics... I get a knot in my stomach just thinking about it.



To: tejek who wrote (100872)9/6/2011 11:04:20 AM
From: bentway  Read Replies (1) | Respond to of 149317
 
"I am thinking of getting out of the markets completely. This is BS."

Welcome to the growing crowd!



To: tejek who wrote (100872)9/6/2011 11:20:20 AM
From: ChinuSFO  Read Replies (1) | Respond to of 149317
 
The Internet is turning everything upside down. We need some Internet savvy and high tech folks in the WH not folks who just carry their messaging devices around and call themselves as "tuned into high tech."

We need a mechanism that should slow down the rate of drop in the stock markets not the current system of lockout that we have. Our stock markets need to be able the address the speed of the information flow, programmed trading etc.

Just a few silly thoughts as I begin this shortened trading week. Hopefully the summer doldrums and the dog days of summer will be over at Wall Street.



To: tejek who wrote (100872)9/6/2011 11:29:08 AM
From: Metacomet  Read Replies (2) | Respond to of 149317
 
I am thinking of getting out of the markets completely.

I absolutely share your frustration.

Not sure if that is the best course though.

I think it is a time to be extra cautious in terms of where you do invest though.

I had been considering diversifying into residential real estate, given the seemingly excellent price points currently available in some desirable areas, like Portland.

Problem with real estate is the relative lack of liquidity.

It is pretty easy to get a substantial amount of cash into these plays, but a horror show if you need to get back into something that you can spend for groceries.

Given a demonstrated lack of understanding of economic realities by the contingent currently in charge of the government, I have decided to hold what I have in the markets for now.

Total exposure to base and precious metals explorers and a bullion based ETF....namely Central Fund of Canada (CEF)

Still interested in looking at acreage with water in Oregon though.

Might look at that a little more intensely after I get moved.