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


To: ChinuSFO who wrote (103529)10/27/2011 3:06:31 PM
From: RetiredNow  Read Replies (1) | Respond to of 149317
 
Well, I certainly hope you and tejek are right and I am wrong. My hard earned investments will be better off if you are right. However, I have a pretty heavy background in accounting, finance, and general business management. Also, I read voraciously from multiple different sources. My own conclusions are very different, as you know, and usually I'm right when it comes to these types of things.

I can only hope I am dead wrong this time. I want to be wrong, because if I'm right, the reckoning that our economy is spiraling towards will make the Great Depression look like a walk in the park. I think it is quite possible we revisit the lows of March 2009 on the DOW and SP500 sometime in the next year or so. I don't want that to happen. I pray that it does not happen.



To: ChinuSFO who wrote (103529)10/27/2011 4:04:18 PM
From: bentway  Respond to of 149317
 
If the economy keeps gradually improving through the next election, despite all (R) efforts to kill it, they are doomed politically. Every year that goes by, America gets browner and browner and less Republican. They need to totally re-invent themselves.