I'm afraid to plug my numbers in. I've had enough horrible investment losses in the last month to last me for now, thank you.
I seriously might've even voted for McCain if he had picked a reasonable VP candidate to take over either at the end of his term when he is 80 or when he more likely croaked or became incapacitated mid-term. Maybe someone like his good buddy Lieberman, who was his heart's first choice but would have never flown with the Evangelicals who call the money shots......["A Centrist Jew???!!!...Call my Lobbyist!!"]
Palin is a friggen disaster. Please dispute this assessment if you can.
All we are left with in this f'd up system is Obama. He will win, and enjoy a very brief Honeymoon period until the hounds are unleashed...I weep for our country.......And my 401k....
ringer, it doesn't matter who you vote for. obama wins california, no matter what.
executive experience matters. obama has none, unless you count his service on the board of a foundation that spent over $100 million to improve chicago area schools which was a total failure, with no measurable effect. nice execution.
palin is the chief executive of a state with billions of dollars in assets and a yearly operating budget in the hundreds of millions of dollars. she has executed her duties with total competence, and has the overwhelming approval of her constituents.
there will be no honeymoon for obama. why do you think that all the liquidity pumped into the financial markets is not being released by the institutions? why do you think that there is so much money sitting in cash on the sidelines of the stock market, despite all-time discounts on solid companies?
obama wins, capital heads to greener pastures. if you're retirement horizon is over 15 years, its a GREAT time to buy. if mccain wins, look for the historical recovery model to be in effect, so buy in NOW and don't miss the bounce.
if obama wins, look for a repeat of 1970s style economic malaise that will eventually usher in something akin to the reagan revolution, so again, its a great time to dump funds into your retirement vehicle, 401k, IRA, or mutual funds.
i'm seriously beginning to believe that an obama victory may be just what the nation needs to save us from further advancement into socialism, via total carter style disaster with a totally incompetent democrat controlled congress ensuring he's a one term administration.
its just fundamental: whatever you tax, you get less of. whatever you subsidize, you get more of.
tax capital, tax investments, tax hard work and success, tax responsible decisions, tax small business growth, america will have less of it.
subsidize the less succesful, subsidize the poor, subsidize those that produce less, subsidize those that earn less, subsidize those with children they cannot afford, subsidize those without health insurance, and america will experience increases in the lower income, government dependent class.
decreasing the incentives and rewards for hard work and success by confiscating those rewards in order to 'spread the wealth around', offering those rewards to those who did not earn them, is not only deleterious to the spirit of individuals on both sides of the equation, it will ensure greater mediocrity in america.
why grow your business, add jobs, risk your capital, if when you succeed, the heavy hand of gov't crushes you in its quest for 'fairness of results'. welcome to the nation of 'everyone gets a trophy'.
wouldn't you prefer small businesses to succeed and flourish, expand past the $250k threshold, maybe add positions, add buildings and equipment, rather than for the owner to just say, 'screw it, i'm living decently, and the added burdens of heavy taxation make it less likely that i'll succeed, so i'll just stand pat at $240k annually. my life's not bad.'
communists and marxists abhor the tall poppy.