
03-08-2009, 06:15 PM
|
 |
Banned
|
|
Join Date: Feb 2007
Location: C-Town
Posts: 7,750
|
|
Quote:
Originally Posted by FlyersFan
i agree....especially when you consider the market is reactionary. Doesn't like what it's seen so far.....and with all the proposed taxes on dividends and all profits etc....there is no incentive to invest in the market either. He's done an awful job so far and it's basically a continuation of George Bush. He didn't have a plan when he was running and he still doesn't have a plan. Therein lies the problem. I am completely out of the market and see no reason to get back in. Short term bonds/notes right now are the way to go IMO. 6month to 1 year type, nothing long term. Obama is so far in over his fking head it's not funny when it comes to economic policy.
Country is a crap mess right now and we don't have the politicians in congress or the whitehouse to lead us out of it and that is a huge issue. You have a bunch of people who have never run a business nor have any business sense whatsoever trying to dictate economic policy and decide what's best for businesses....  .......
Everything is cyclical and you just hope the carnage is to as much of a minimum as possible. It will turn one day but when and how much damage was inflicted is the question.
|
I agree! 
|