Quote Originally Posted by wallstreetcappers:
mta,
If you think the next president will raise taxes, revamp government and try to treat Iraq like it is some military weekend camp then I would suggest selling all real estate, start renting and exit all financial positions.
If whomever wins the election tries to REVAMP anything, it will destroy the economy and the stock market and real estate market.
We are in the middle of heart surgery and you want someone to come in and try to fix a brain tumor and ignore the heart surgery?
Again..I dont like EITHER person, but any moderate to extreme move away from where we currently sit could be disasterous.
Even though McCain has plenty of faults and errrrrssss I choose him over the pulpit pounder with questionable ideas, connections and no experience.
wall fear may work on uneducated people but i have been around
quite long enough to understand the real world
alot of these same arguments were being labelled back at
bill clinton and right now i think most americans would be
quite happy to be back in those 8 years than the 8 years we
reside in right now- yes i know it wasnt because of bill clinton
that we were in such a positive cycle although he did do some
positive things as president
the majority of all economists agree that both candidates will only
add trillions to are already huge national debt- many believe that
mccains plan will add more than obamas plan- alot of what
mccain is proposing is status quo or more tax breaks to big
companies unfortunately it is not big business that will be refueling
this marketplace so more breaks will go to these companies and
we will once again not see the returns that we expect to under
mccains plans
right now this country is running ass backwards we are losing
more jobs than we are creating- we are importing more than we
are exporting and month in and month out our national debt which
will end up being the downfall of us in the future continues to grow
again i find many of obamas economic plans to be counter
productive but the infusion of available capital to small and midsize
businesses is something that will be essential for this country to
start creating jobs because again it is not coming from big
business- also more money in infrastructure although increasing
our debt once again will at least start to create jobs as well
right now for the short term we need to start creating jobs- a
countries strength is based on the employment of its people and
under mccains economic plan more will be invested in companies
who are finding ways to ship more jobs out of country than in
creating jobs within the country
now go and ask a person who is sitting at home unemployed
if having no job and lower taxes is a better option than having
a good paying job and paying higher taxes and see which one
they will choose- i am willing to wager they would gladly take
paying more in tax to actually have a job and pay their mortgage
again i dont believe either will lead us where we need to go but
at least in some minor ways obamas economic plan will actually
have more of a realistic chance of creating some job growth in
this country than mccains will