Posted on 11/14/2012 6:11:00 PM PST by blam
I am no financial expert, in fact I don’t know anything about the Stock Market ,and I am not even very bright.
But I knew when Obama was re-elected that the Stock Market was going to turn to crap.
That was an easy one.Obamacare is going to ruion a lot of business’s Many Corporations and small business’s are already laying off and the worst has yet to come.
They wanted 4 more years, they got it.The defecation is about to hit the rotating device.
Nothing like a money market fund for those oh so safe credit default swaps.
What ?
Romney worse than a American hating Muslim Marxist ?
Bring it. I’m all out. I’m taking physical possession of lead.
DEFUND. Prepare. Persevere.
The trillion dollar+ deficits are a result of the great recession of 2008. As revenue dwindled as jobs were lost (millions less jobs now versus 2007) there was no belt tightening of the welfare benefits. Just the contrary, for example, requirements to qualify for food stamps were reduced and unemployment was extended to 99 weeks.
You are correct in that government is not subject to laws of private sector where corporations must adjust to conditions.
Good luck with any planning for a “doomsday” scenario. The problem there is that a major collapse would have ripple effects that may not be anticipated — which means even your “doomsday” investments aren’t any good, either.
Blacks are still slaves...just a different master holding the chains.
They should, but they won't. They are addicted. There is always some 'excuse'.
“fueled by cheap money from the fed.”
And it isn’t going to end any time soon.
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