biomedlives

Why This Rally Is Unsustainable

I suspect Obama would be happier if this crisis had never happened and he could focus on other issues. Many of those complaining now about socialism and government interference are the same people who drove the financial system over a cliff.


On May 01 01:26 PM jack kreg wrote:

> NS, you need some help with clarity. but you really just missed the
> real issue, Obama's socialism will not work. Yes, printing and borrowing
> money will prop up failed banks and auto's, but a sustained economic
> recovery is not in our future.
> I expect high un-employment thru Obama's first term, easily over
> 10% for 4 more years. with that level of un-employment how can stocks
> appreciate? I think best strategy is for solid co's, international
> sales, and dividends. Possibly returning 4-7% annual. Much higher
> taxes on income and energy, both bad for jobs and the economy. <br/>I
> wish you would have offered a clearly written summary, but thanks
> for trying.