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November 7, 2008 at 7:23 AM in reply to: Stock market set to rocket on prospects of Obama Presidency (up 250 points already) #300831November 7, 2008 at 7:23 AM in reply to: Stock market set to rocket on prospects of Obama Presidency (up 250 points already) #301190felixParticipant
I agree. Those Senate seats are very important but so is Obama’s presser. He can help stem this crisis if he reneges on his plans to raise taxes. I think many in the market hope that Obama blows off raising taxes, the centerpiece of his re-election campaign.
The problem right now is nobody really knows what he will do. He has such an astonishing thin record to go on and is adding Dem partisans and Clinton retreads with ties to Fannie and Freddie to his potential cabinet. With Emmanuel as Chief of Staff, there will be no uniting of Red and Blue America. And with the Clinton hacks back there will be no real change.
It was Clinton who signed into law the removal of key parts of Glass/Stegall breaking down barriers between investment firms and banks and also pushed “regulation” which not only encouraged subprime loans to folks who couldn’t get conforming loans but required these loans to get federal money if you were a company bigger than $1 billion.
I am not saying that the Dems were only to blame. Both sides deserve blame. Unfortunately the electorate seemed to blame only one side for this mess. So not only are some key players who helped cause this mess are still in power heading committees in Congress and some will also be coming back to work in the White House.
Say your prayers.
November 7, 2008 at 7:23 AM in reply to: Stock market set to rocket on prospects of Obama Presidency (up 250 points already) #301198felixParticipantI agree. Those Senate seats are very important but so is Obama’s presser. He can help stem this crisis if he reneges on his plans to raise taxes. I think many in the market hope that Obama blows off raising taxes, the centerpiece of his re-election campaign.
The problem right now is nobody really knows what he will do. He has such an astonishing thin record to go on and is adding Dem partisans and Clinton retreads with ties to Fannie and Freddie to his potential cabinet. With Emmanuel as Chief of Staff, there will be no uniting of Red and Blue America. And with the Clinton hacks back there will be no real change.
It was Clinton who signed into law the removal of key parts of Glass/Stegall breaking down barriers between investment firms and banks and also pushed “regulation” which not only encouraged subprime loans to folks who couldn’t get conforming loans but required these loans to get federal money if you were a company bigger than $1 billion.
I am not saying that the Dems were only to blame. Both sides deserve blame. Unfortunately the electorate seemed to blame only one side for this mess. So not only are some key players who helped cause this mess are still in power heading committees in Congress and some will also be coming back to work in the White House.
Say your prayers.
November 7, 2008 at 7:23 AM in reply to: Stock market set to rocket on prospects of Obama Presidency (up 250 points already) #301215felixParticipantI agree. Those Senate seats are very important but so is Obama’s presser. He can help stem this crisis if he reneges on his plans to raise taxes. I think many in the market hope that Obama blows off raising taxes, the centerpiece of his re-election campaign.
The problem right now is nobody really knows what he will do. He has such an astonishing thin record to go on and is adding Dem partisans and Clinton retreads with ties to Fannie and Freddie to his potential cabinet. With Emmanuel as Chief of Staff, there will be no uniting of Red and Blue America. And with the Clinton hacks back there will be no real change.
It was Clinton who signed into law the removal of key parts of Glass/Stegall breaking down barriers between investment firms and banks and also pushed “regulation” which not only encouraged subprime loans to folks who couldn’t get conforming loans but required these loans to get federal money if you were a company bigger than $1 billion.
I am not saying that the Dems were only to blame. Both sides deserve blame. Unfortunately the electorate seemed to blame only one side for this mess. So not only are some key players who helped cause this mess are still in power heading committees in Congress and some will also be coming back to work in the White House.
Say your prayers.
November 7, 2008 at 7:23 AM in reply to: Stock market set to rocket on prospects of Obama Presidency (up 250 points already) #301267felixParticipantI agree. Those Senate seats are very important but so is Obama’s presser. He can help stem this crisis if he reneges on his plans to raise taxes. I think many in the market hope that Obama blows off raising taxes, the centerpiece of his re-election campaign.
The problem right now is nobody really knows what he will do. He has such an astonishing thin record to go on and is adding Dem partisans and Clinton retreads with ties to Fannie and Freddie to his potential cabinet. With Emmanuel as Chief of Staff, there will be no uniting of Red and Blue America. And with the Clinton hacks back there will be no real change.
It was Clinton who signed into law the removal of key parts of Glass/Stegall breaking down barriers between investment firms and banks and also pushed “regulation” which not only encouraged subprime loans to folks who couldn’t get conforming loans but required these loans to get federal money if you were a company bigger than $1 billion.
I am not saying that the Dems were only to blame. Both sides deserve blame. Unfortunately the electorate seemed to blame only one side for this mess. So not only are some key players who helped cause this mess are still in power heading committees in Congress and some will also be coming back to work in the White House.
Say your prayers.
November 6, 2008 at 7:44 AM in reply to: Stock market set to rocket on prospects of Obama Presidency (up 250 points already) #300027felixParticipantWe just had the worse sell off ever after a presidential election. I think the markets are speaking pretty clearly about what they expect from a Obama administration.
Those in the market can only hope that Obama doesn’t plan to raise taxes as he proposed in his campaign. That may be a good bet because his record of adherence to his promises isn’t really good.
Absolutely no one can say with any certainty what an Obama presidency may bring. His record is thin, too thin, to make to have idea what the next four years may bring. Too thin, for any man running for potus imo.
I have never been more worried about this country’s future. When the euphoria of his election passes and the reality of having a man of scant or no executive experience in charge settles in, folks may regret this mistake, much like voters in Illinois did after electing Carole Mosley-Brown the first black women US Senator. She also had little or no experience but was swept into office only to become an embarrassment and abject failure.
The future is not bright. The future is now murkier than ever not only economically but geopolitically.
November 6, 2008 at 7:44 AM in reply to: Stock market set to rocket on prospects of Obama Presidency (up 250 points already) #300385felixParticipantWe just had the worse sell off ever after a presidential election. I think the markets are speaking pretty clearly about what they expect from a Obama administration.
Those in the market can only hope that Obama doesn’t plan to raise taxes as he proposed in his campaign. That may be a good bet because his record of adherence to his promises isn’t really good.
Absolutely no one can say with any certainty what an Obama presidency may bring. His record is thin, too thin, to make to have idea what the next four years may bring. Too thin, for any man running for potus imo.
I have never been more worried about this country’s future. When the euphoria of his election passes and the reality of having a man of scant or no executive experience in charge settles in, folks may regret this mistake, much like voters in Illinois did after electing Carole Mosley-Brown the first black women US Senator. She also had little or no experience but was swept into office only to become an embarrassment and abject failure.
The future is not bright. The future is now murkier than ever not only economically but geopolitically.
November 6, 2008 at 7:44 AM in reply to: Stock market set to rocket on prospects of Obama Presidency (up 250 points already) #300396felixParticipantWe just had the worse sell off ever after a presidential election. I think the markets are speaking pretty clearly about what they expect from a Obama administration.
Those in the market can only hope that Obama doesn’t plan to raise taxes as he proposed in his campaign. That may be a good bet because his record of adherence to his promises isn’t really good.
Absolutely no one can say with any certainty what an Obama presidency may bring. His record is thin, too thin, to make to have idea what the next four years may bring. Too thin, for any man running for potus imo.
I have never been more worried about this country’s future. When the euphoria of his election passes and the reality of having a man of scant or no executive experience in charge settles in, folks may regret this mistake, much like voters in Illinois did after electing Carole Mosley-Brown the first black women US Senator. She also had little or no experience but was swept into office only to become an embarrassment and abject failure.
The future is not bright. The future is now murkier than ever not only economically but geopolitically.
November 6, 2008 at 7:44 AM in reply to: Stock market set to rocket on prospects of Obama Presidency (up 250 points already) #300410felixParticipantWe just had the worse sell off ever after a presidential election. I think the markets are speaking pretty clearly about what they expect from a Obama administration.
Those in the market can only hope that Obama doesn’t plan to raise taxes as he proposed in his campaign. That may be a good bet because his record of adherence to his promises isn’t really good.
Absolutely no one can say with any certainty what an Obama presidency may bring. His record is thin, too thin, to make to have idea what the next four years may bring. Too thin, for any man running for potus imo.
I have never been more worried about this country’s future. When the euphoria of his election passes and the reality of having a man of scant or no executive experience in charge settles in, folks may regret this mistake, much like voters in Illinois did after electing Carole Mosley-Brown the first black women US Senator. She also had little or no experience but was swept into office only to become an embarrassment and abject failure.
The future is not bright. The future is now murkier than ever not only economically but geopolitically.
November 6, 2008 at 7:44 AM in reply to: Stock market set to rocket on prospects of Obama Presidency (up 250 points already) #300458felixParticipantWe just had the worse sell off ever after a presidential election. I think the markets are speaking pretty clearly about what they expect from a Obama administration.
Those in the market can only hope that Obama doesn’t plan to raise taxes as he proposed in his campaign. That may be a good bet because his record of adherence to his promises isn’t really good.
Absolutely no one can say with any certainty what an Obama presidency may bring. His record is thin, too thin, to make to have idea what the next four years may bring. Too thin, for any man running for potus imo.
I have never been more worried about this country’s future. When the euphoria of his election passes and the reality of having a man of scant or no executive experience in charge settles in, folks may regret this mistake, much like voters in Illinois did after electing Carole Mosley-Brown the first black women US Senator. She also had little or no experience but was swept into office only to become an embarrassment and abject failure.
The future is not bright. The future is now murkier than ever not only economically but geopolitically.
November 4, 2008 at 7:57 PM in reply to: Stock market set to rocket on prospects of Obama Presidency (up 250 points already) #298861felixParticipantThe market was going to rally once the uncertainty over the election eased regardless of who won. It had been sold as hard during the past few weeks as ever in most of our lifetimes. It was over due for a rally which by the way started a few days ago.
November 4, 2008 at 7:57 PM in reply to: Stock market set to rocket on prospects of Obama Presidency (up 250 points already) #299213felixParticipantThe market was going to rally once the uncertainty over the election eased regardless of who won. It had been sold as hard during the past few weeks as ever in most of our lifetimes. It was over due for a rally which by the way started a few days ago.
November 4, 2008 at 7:57 PM in reply to: Stock market set to rocket on prospects of Obama Presidency (up 250 points already) #299225felixParticipantThe market was going to rally once the uncertainty over the election eased regardless of who won. It had been sold as hard during the past few weeks as ever in most of our lifetimes. It was over due for a rally which by the way started a few days ago.
November 4, 2008 at 7:57 PM in reply to: Stock market set to rocket on prospects of Obama Presidency (up 250 points already) #299240felixParticipantThe market was going to rally once the uncertainty over the election eased regardless of who won. It had been sold as hard during the past few weeks as ever in most of our lifetimes. It was over due for a rally which by the way started a few days ago.
November 4, 2008 at 7:57 PM in reply to: Stock market set to rocket on prospects of Obama Presidency (up 250 points already) #299287felixParticipantThe market was going to rally once the uncertainty over the election eased regardless of who won. It had been sold as hard during the past few weeks as ever in most of our lifetimes. It was over due for a rally which by the way started a few days ago.
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