Skip to comments.Financial advisers' No. 1 worry: A Democrat in the White House
Posted on 01/14/2008 5:22:21 AM PST by AmericanMade1776
Nothing worries financial advisers more than the prospect of a Democrat's being elected president in November, according to a quarterly poll by Brinker Capital Inc.
The fourth-quarter edition of the Brinker Barometer, which polled 236 advisers in December, found that 22% indicated that a "Democrat in the White House" worried them more than all other economic or geopolitical concerns.
Rounding out the list of concerns was "global unrest" (15%), "U.S. economic growth" (15%), "a terrorist attack" (13%) and "a recession" (13%).
When asked what their greatest tax concern would be under a Democratic administration, 81% of advisers cited a potential increase in the capital gains tax, an income tax increase and heavier taxes on dividends.
(Excerpt) Read more at investmentnews.com ...
The results jibe with a poll that Brinker conducted last summer in which 60% of advisers said that Democratic presidential candidate Sen. Hillary Clinton, D-N.Y., would be the worst choice in terms of the economy and investing.
On the flip side of that poll, 36% of advisers said they thought that Republican presidential candidate Rudolph W. Giuliani would have the most positive effect on the U.S. economy and investing (InvestmentNews, Aug. 13).
Financial advisors, military personel, Business sector, Boy Scouts... seems all the people worth listening to would benefit from more years of Republicans!
So does anyone who lives, or used to live, in the state of NY....
Note to the nation: Vote for a 'Rat, or a RINO, and all this too can be yours....
How about California, when a Democrat was Govenor...I believe it was Gov Gray, things were really getting bad.
Last I knew there was a conga line leaving CA, too. And MA. Gee, what do all these states have in common....?
I expect at some point in the future, these money grubbers will change the rules on Roth IRA’s, and we’ll be taxed on that money when its withdrawn.
Yes.. I was in the Congo line living Massachusetts... speaking of Taxachusetts, How about the “big dig” project.. 14 Billion dollars of Federal tax money and it has leaks and falling panels. Prime example of what Democrats can do with your tax dollars.
God, I hope not.
Conservatives should adopt the line “it’s the economy, stupid”
They're trying to export their financial and social points of view, to make the entire country a "workers paradise."
Hummmm. I really did believe that but heard some financial “guru” twit on Fox News claiming opposite. This person stated that “the markets were looking forward to having a dimocRAT in the White House (presumably Hillary!)
I suppose credit bubble falls under the growth and recession concerns. But our main problem is the credit bubble, can’t live with it, can’t live without it.
Nearly as bad is the idea of a democrat in gop clothing.
Someday soon, it may well be more financially prudent to sock away lots of cash in one’s mattress than to otherwise invest it.
I can’t believe they haven’t made a run at the Roths already.
If a Democrat gets into the White House, you can bet your boots, and saddles, too, that Roth IRAs will be in their sights - as well as increasing taxes on dividends.
Yes, I am a registered investment adviser, and those Dems scare the hell out of me.
Things are tough enough already without throwing gasoline on the credit crunch bonfire.
But, what does worry me deeply: An Alinsky-anarchist posing as one; or any of the current crop of 'rats that ALL allow the Soros gang to get their way...
I've been warning people of that ever since they came out.
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