Tim H.

Barron's Calls a Bottom

We won't know until years later whether this was a time to buy or stay on sdelines waiting for lower market. Will you say d_mn I wish I'd went 100% in stocks March of 09 5 years from now? As for Obama... I invest, I am down in my 401K and I own AMSC which is holding it's own from where I bought it ($15). Who on here did not see last several years all these wall street deals, derivative trading making big bucks fora select few in a very short-time? This is what lead to the greed unchallenged by government oversite while mainstreet USA saw their paychecks shrink and health care, energy expenses rise? Plus the infrastructure of our country decline? Now Obama has made mistakes and like any person is fallible. But I support in what Obama i trying to do. He is looking long term at what is best for this country. Heck now he is getting push back from DEMs in congress. Look at health care. Why is street and soo many in insurance/hospitals etc... Afraid of giving Americans a choice of pvt insurer or health insurance such as congress gets? Because they know what people would do. But that recent study out by that non profit group showing such a program would save 2 Trillion dollars over 11 years and cut a person's health insurance 20%. Now forget about all the arguments for a minute and think about that. Health care reform that would save 2 Trillion over 11 years and cut premiums 20%. What do you think a plan such as that would do for the overall health of the US economy in future? Would it not be good? The idea of getting off dependence on foreign oil by alternative energy. Is this not a good idea? Making the quality of our education better. Is this not good? Investing in infrastructure for this country. Is this not good? Yes short-term we all see alot of pain but long term... I am talking 10-20 years these ideas, plans could pay off huge for our nation. If mainstreet does well wall street will do well. Rather than wall street doing well at the expense of mainstreet!