And I see yet again, the only time you think a President can affect the economy to any degree is then it is essentially a democrat, Wayne. Taking no responsibility for fiscal policies and appointments to high finance offices that directly effect markets and economy has no real effect but simply because you can label a person as being anti-business can and will.
Again, very convenient blame and no-blame game. Taking credit for the republicans and blaming dems, taking credit for the Dow shooting to 14,000, and no responsibility for the current levels, and where we apparently are headed. Making no mention of Internet bubble you always rail on when talking smack about Clinton and his good economy, but giving credit to republicans at the same time.
Keep up the good work.
believe I said --
'Corporate america is quite resilient if given opportunty---only a combination of anti business pres and congress can impact growth long term.
On the decline since 14,000 I could use liberal approach and say that was after Dems took control od congress--but fact is would have happened regardless--but those getting the bucks from fannie and freddie--we know who they are--played a big part.
The diff is being able to rebound like we did after after enron/worldcom-911-katrina etc. We could because economy was resilient and could bounce back--I can assure you when you go biting the hand that feads you (corporate america) is is much tougher to rebound.
You can take this for whats its worth--I'd be very leary of owning many sectors of U.S. stocks if O wins--believe (and only an opinion) a lot of this market funk is based on premise he has good shot to win. I said back in 06 in this forum if you remember I reduced my positions in U.S. stocks to bout 10% and less than that now.
Think about it Chad --the possibilty of O-pelosi-reid and a 60 seat senate.
Has some good points to it--as will be short lived and a lesson--will be big bounce back to consertivism if there are enough left that pay taxes. (believe O's plan will raise the non tax payor status to bout 48% of americans)
You will see the light in years ahead--but by then you won't be able to do anything about it-and no one will as those that foot the bills will be a minority.