Quote:
Originally Posted by l2ridehd
I can't not say something. Before the election this forum was loaded with Obama supporters who could not wait for his hope and change. He was kind enough to tell you exactly what he planned to do. He would tax the middle class more, he would provide more give away programs (remember the wealth redistribution) he would force no drilling, no coal, and more green energy, he would shut down talk radio (support for the fairness doctrine), and many other things. He is doing them as he promised he would.
How in the world did you expect wall street to react? Didn't you completely understand that his programs would tank the market. On November 5th I got completely out of the market and now sit in money market funds only. Probably should have gone into gold, but decided to sit out completely. It was so obvious that if he enacted any part of what he proposed, we would see a market bottom worse then any before. Stocks respond to free markets. Look around the globe and see what the growth rates are by country. He said he would do it, he is doing it, and to me the results are as expected.
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not me... like a damn fool I followed my Edward Jones financial mgrs advice--->"stay the course".... I feel like an idiot.