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I believe the CRASH under Bush you are talking about happened late in the year when people realized Obama was going to be elected. If you don't believe it, look up the market prices the day before the election and for each day in the week after the elections. You'll see there was something like seven consecutive days...more
That is quite an interesting comment. Had it been some individual/group that had funded them our government would put a freeze on their accounts and go after them, right? Sadly, it seems like it will be a "one way" street in this case just so we don't offend anybody...except maybe the hard working patriotic American ...more
Are you suggesting that history repeats itself? I believe it was the downgraded rating of the US that caused a signifigant drop in the markets and the path we are on is leading to that same place again.
Unfortunately with history repeating itself I think that means 4 more years of ignornin...more
Oh, and don't forget that taxing investment income more to spite people like Romney or Buffet will also mean an increase of capital gains taxes on all of our 401k or retirement accounts too.
Can the 'rich' afford the extra tax? Probably. Can the middle class afford having their retirement accounts taxed more? Proba...more
Yeah, wasn't this same article (more or less) published a few weeks ago? I guess if you repeat it enough before the election people might buy this BS.
Oh, and buying this BS probably helped the sudden 'strong' reports on the economy too, right?
Did I see a different Presidential debate? I would have sworn Romney said he wanted to reduce the loopholes in the tax code for the rich. Wouldn't that be a best of both worlds described in this article?
You mean the presidency can't be bought like promising green cards to illegals, easing standards/checks for welfare recipients, and telling companies he'll pay for law services needed if they do not follow the current law is not "buying" a presidency?
I guess you would have to sink really low and hand out free mobil...more
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