You know I have read many similar posts on TOTV and you can almost feel the angst that many people have about what has been going on since Obama took office just 2 months ago. Let's face it folks, we're stuck with this 'program' for the next 4 years.

The only thing we can do as individuals is bombard our representatives with faxes, calls, and whatever protests are available to us; no civil disobedience please The best thing is when you vote, vote all of these spending maniacs out of there -- Donkeys or Elephants !

Investment-wise, just get your assets out of the stock market and into IRA cash reserves. At least that way you will stop the bleeding. The other thing someone else brought up quite correctly is the inflationary punishment we will take on our buying power because the dollar will become almost worthless before these next 4 years expire. Buy gold coins and have the place you purchase from hold them for you so that you don't have to pay taxes on them until you take them into your possession (Fidelitrade - not associated with Fidelity but used by them - is a good source for gold). Open up a brokerage account and funds can be transferred without you having to pay any taxes as well. Gold can only be purchased directly or through a brokerage account.

Anyway, we all feel your pain, but this is my best advice for weathering this sunami.

PS: Just to back up my devalued dollar theory - today I read where we are heading toward a one-world currency. Obama is a global/UN guy, so don't poo-poo this happening. Here is a portion of what I read: "A U.N. panel will next week recommend that the world ditch the dollar as its reserve currency in favor of a shared basket of currencies, a member of the panel said on Wednesday, adding to pressure on the dollar," the story noted. "Currency specialist Avinash Persaud, a member of the panel of experts, told a Reuters Funds Summit in Luxembourg that the proposal was to create something like the old Ecu, or European currency unit, that was a hard-traded, weighted basket.

A story in yesterday's Moscow Times is creating quite a stir in particular. At the April 2nd meeting of world leaders in London (the G20), the Kremlin is reportedly set to propose a new global common currency system to replace the U.S. dollar as the international currency of choice.