I also like to read the comments following the articles.
One commenter had this to say "... Here's a quote and it is true: The line between "making" and "taking" is not a racial line. The biggest government program we have, Medicare, benefits a population that is 85% white.
Those are the same white people that voted for Romney. According to the repubs, they are the "takers", but blame those that voted for Obama. ......"
Dave
_________________________
There are 10 kinds of people. Those that understand binary and those that don't.
Oh the country is going to hell, but I would not presume to say that a different result at the recent general election would have us not going there.
_________________________ I used to think it was terrible that life was unfair. Then I thought what if life were fair and all of the terrible things that happen came because we really deserved them? Now I take comfort in the general unfairness and hostility of the universe.
Well that's true but I will say we are headed to some rough FISCAL times , esp if the Financial Cliff is hit.... major shake ups.... market will tumble.
All set up by the wild spending and no revenue of 8 years of Bush and his first 6 years of a GOP Congress. ( After all, our FISCAL house WAS in order more or less when Clinton left). We;re still feeling the effects of our fiscal policy being out of balance from that time- it doesn't correct overnight or if it does you get a Depression !!
BUT WARNING to all !! IF you have investments get them to conservative funds ASAP !! Even wo the cliff were headed into a market correction... hopefully not as bad as 2008 but still ugly.. got that from my OnLine Trading Class. Cover yourself, please !
Dow has dropped >600 points since the election ! and >1000 since the Oct Highs... still in a bearish trend. News from Middle East and the fiscal cliff will drive it lower until something changes.
But that said , traders say we're in for 10-20% correction before or right after the New year. Didn't matter who was elected either... it's been gathering for many months. I hope not but many of these advisors have been around for decades ! I expect the Dow to retreat back below or very near 10,000 (hopefully no more). we may be sliding as we speak !!