Talk of The Villages Florida - View Single Post - He scares me too
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Old 08-10-2009, 08:55 AM
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Exclamation The Market

A couple of observations that you may want to consider. If you look at the charts as Obama's numbers go down the market goes up. That really has little to do with things but I had to put that in.
Historically, (since measuring) a recession is 1/2 of a recovery time. We had the longest recovery period in history because (a) Bush economics worked to stretch it out and (b) Clinton worked very hard to stretch out the recovery period rather than letting the natural market work. Made them look good but had a terrible effect on the US economy. As a result we are in the longest recovery period and there is a push by the Obama people to try to hide it by some crazy socialistic practices. Be careful in getting excited by a market that looks like it is recoverying. It is being raised by unnatural economics and in the end it will most likely go deeper and last longer because of the Obama tactics. Some may be smart enough to speculate on a few stocks which is fine. Anyone who did not see this coming was asleep at the switch. I did not lose a penny as I yanked from the market when I saw what Clinton and Bush were doing and knowing that it was overpriced and that a correction (recession) had to happen. I am not getting back until I see that the politicians are more interested in letting the democratic market work rather than trying to protect their reputations and get members of their party elected. It should concern everyone that the politicians are playing in the market sandbox and their main objective is to get reelected or get one of their cohorts elected.
What is scary is that Obama has taken the approach that rather then letting the market correct itself he wants to convert to socialism. I believe that was on his list from the beginning and the market is just an excuse to go that way. Thank goodness the medical bill has been so bad as to wake the American's up and hopefully that will lead to moving the rascals out.