changeisreal

The Honeymoon Is Over: Gauging the Market with an Obama Presidency

You know, everyone, I think this is a very good article actually. It doesn't matter who you voted for or even if you are naive enough to believe Obama is a solution to all the problems.

Free markets? You had free markets and look where that got us? 40 to 1 leverage? Everyone using fake appraisals to spend more debt? No REGULATION!!

Read the author's other article on $60 Trillion Nightmare of CDS. That's a shining example of what happens when you just allow Wall Street to have free markets and ZERO REGULATION!

The point is what are you going to do if you are trading the market? Walk away? Quit? Refuse to participate?

I think what people don't want to admit is that this problem was brewing since the Clinton administration in the 90's and finally popped under Bush. So there is no one side is better than the other.

Wall Street can't play games with job numbers or hide the problems of the economy anymore. someone has to fix it and the one difference is that Democrats are expected to fix it for their own political survival.This is why people feel optimistic because they know Dems won't be in office long if they don't help middle America.

Remember JIMMY CARTER?