Gatorhater
All-American
- Joined
- May 17, 2013
- Messages
- 17,210
'merica desperately needs a shift to the right both socially and economically. **** is getting ridiculous.
If reality serves me correctly, we are far better off economically than we were when the "right" policies had the country in a depression! Hate Obama, but let's not shift "right" again and lose jobs, homes and bail out banks.
Without getting into blame and politics, personally I loved the stock market collapse(I was all cash and made serious $$$$ during the chaos), and can't wait for the next one(Been all cash for a long time hoping for it). We have not had a real economy since about '88, just bailouts, bubbles, and ever increasing debt at all levels.
Last two years of just about every two-term president have been bad economically, usually a recession. We don't usually know about it until the very end or the beginning of the next president -- president controls a lot of numbers. Clinton was the master of making figures lie (ever notice how inflation disappeared for his 8 years--changed basket that is used to measure it), and Bush was good at it too, but mostly just continued using Bill's. Obama has also done masterful job -- note Labor department's change in methodology for unemployment numbers prior to 2012 election and convenient drop in unemployment number shortly thereafter.
Anyway, small tip for Cane fans, when the Fed's latest stock bubble blow's up watch for stocks like Met Life as they fall. Life insurance companies has historical best survival chances in depression and bounce back nice after stock crashes(by definition they are cash cows and cash is king in bad times). Remember, LIFE INSURANCE not property and casualty companies. If you time your entry for somewhere around the scariest moment of the next collapse, there will be big money to be made again.