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

To: RetiredNow who wrote (144281)	7/10/2014 11:50:42 AM
From: John Vosilla	Read Replies (1) \| Respond to of 149317

Oh I am ready just like last time. Remember back in 2005-07 we saw it coming then too? Most all on the right were in disbelief calling us all sorts of names denying that bubble. Remember the classic showdown of Laffer and Schiff on CNBC around 2006 not much different than today only GOP has much less control and is basically obstructionist no matter how much FOX and friends throws out Benghazi and IRS scandals to keep most Americans on the right off the ball. . Now the left thinks ZIRP, Keynes, lack of incentives to work and gentrification of million dollar brownstones of big blue cities somehow helps empower the working class over the long term denying this bubble and how policies of both parties seem to widen the divide even further putting too much power in the hands of the Fed instead. This will end bad but we are still years away and a very good chance we boom the remainder of the Obama years. Ironic this presidency will go down as the best for the investor class ever. First got to get a leveraged J6P back into the game and reflate housing to record heights as is now already the case in most of the world. Get velocity of money back to 1999 and 2005 type levels and flatten the yield curve. My properties bought a fraction of replacement cost and at 15%+ cap rate basis are about the best inflation protection hedge out there but should cap rates drop to under 5% again I sell regardless of which fork in the road we take.Got a bunch of gold miners bought recently for fun till I can finish building the rental portfolio Unfortunately seeing J6P screwed daily in my biz from the out of control tight rental market putting yet another squeeze on working people. But hey that is good for me but no one around me begrudges me cause I have compassion for those I deal with and come in contact with try my best to help and empower them as well. . But it is now so much worse in all those big coastal blue cities Ted and others always rave about. On a micro level go to Dallas or Charlotte young man and run far far from San Francisco or NYC unless you are a high powered exec if you want any chance at financial independence and a better life in middle age