Tom B

What an Obama Victory Might Mean for the Markets

"In WWII, the U.S. won the war. As a result, the U.S. flourished.
With Vietnam, the U.S. lost and suffered nasty stagflation."

I hope your investing is better than your history. WWII boosted the economy because of enormous increases in industrial productivity bankrolled, in large part, by the Govt. Before WWII, the US was not the huge world power it is today. These conditions did not exist post Viet Nam. What DID exist was price-fixing by OPEC, which dragged on the economy.

As for progress in Iraq 1) I don't see it 2) Maybe he wouldn't do a total pull-out; regrouping the troops around the oil fields would be a reasonable compromise 3) I don't see Iraq as strategic. I do have concerns that weakening Iraq has made Iran more dangerous. Bush won the shooting part, but by firing the Baathists, he fired the only competent people in the whole failed state. You've got Shiites running the show in Iraq now, for goodness sake!!!! I also worry about Afghanistan slipping into chaos, and worry even more about what happen if some kook takes out Pakistan's Musharef and gains control of his nukes. I'm hoping we have a secret plan--hopeful not conceived by some Bush appointee-- for spiriting Pakistan's Nukes out of the country if something should happen to their Govt!


"I will brush up on my Spanish, because I am prepared to flee to Mexico"

Hey, the dollar is still worth money down there, but I thought you Neo-Cons hated less-lighter-skinned peoples.