Many of the Jose and Miguel's ancestors (especially in CA, NM, TX, AZ and CO) have been here longer than our ancestors that came to NY without a visa. So as a conservative what are you trying to conserve?
As I have said since August 2007 there is still huge credit and tons of liquidity. You can get a bank loan or small business loan as long as you have collateral and income. You can still max out your credit card and increase your limit. Nothing really changed.
August 2007......perfect timing. If you really want this market to go up, just say you are throwing the towel.
1. More Chicagoans will be murdered in 2008 within a 10 mile radios of Obama's mansion than U.S. combat deaths in Iraq. The market could give a shit about either event. 2. You and other dumb fucks don't get it. The rest of the world hates Bush because they want a weak America! Do you like Putin? Why not? For the same reason the "world" hates Bush. Putin is strengthening Russia. The rest of the world and the leftists fucks in the American media and academia want us and Russia to be sniveling fagots like Europe. 3. And YES global markets are partially imploding because they take cues from America. If EVEN US can elect a socialist Congress with some shady Chicago lawyer as President it casts doubts GLOBALLY on the viability of free markets. When a nation has a 35% tax on corporate taxes and a candidates centerpiece is RAISING that tax as well as RAISING TAXES on investor profits markets are not happy. And I suggest you grow up with your "final solution" bullshit. Except for the shines every Obama voter is scared of legal guns fruit cake. The right is filled with guys who won't THINK TWICE about bombing universities, liberal media outlets or even Congress. You think some friggin' pinko reading the Dailykos is a threat TO ME. Get real......
Have you checked out this debt implosion in South America? HOLY SMOKES! Argentina long bond yields have gone from 12% to 30% in weeks!
oups. it was a very good thread - at least by ET standards. now it disintegrated into a complete ideological rubbish...
I don't care about Putin I believe in balance of power. In case or Russia - soft containment. I don't care if Georgia gets mauled it is Russia's backyard as long as countries like Austria, France and others are fine which they will be. People hate Bush because of his contempt for the world. US needs the rest of the world a lot more than the world needs US. Clinton's America was a lot stronger and more liked - there goes your argument. It is that Clinton's secretary of defense did not go around telling people about "Old Europe vs New Europe".
The sentiment is not bullish. collective madness is taking over. Is this going to be a lost century, or a once in a millenium buying opportunity. Imagine stocks selling at one tenth of earnings but nobody is buying since they keep falling in a straight line. Imagine the super rich with no leverage liquidating in fear of losing their financial freedom. How far does stocks needs to fall to wipe out Warren buffets accumulated above market returns to prove efficient market hypothesis to be right? This is a robin hood event. I am still leveraged long.