Tuesday, September 18, 2012

Yeah We Have A Bad President

By the time you read this it will be old news, however I have a sneaking suspicion that almost nobody will report on this because it makes Obama look bad.

This is just one more reason we can look at Obama and his administration and say that have abosolutly no clue what they are doing fiscally.

I'm so glad we have a Cool president.


  1. Wall St. seems happy with the QE's. There seems to be little to no concern about inflation. Didn't the churning out of 0-backed dollars used to bump inflation? Didn't this used to be a major concern? Maybe I'm not remembering right.

    I'm hoping voters will be hurting enough in the pocketbook that they get off their butts and toss BO out on his. If they don't, the freeloaders will continue freeloading and the depression that was "avoided" is going to happen for real.

    1. The problem is, Wall Street's trading habits don't necessarily reflect their personal opinions on the economy or the government. As someone that used to trade a lot, I can say that the best time to trade is just before the storm, and the best time to buy is after the storm hits and prices are low.

      In other words, don't pay any attention to the Dow. They aren't considering inflation, they are considering short-term gains, and especially...shorts.

  2. Inflation is a concern, however if you can grow your money ahead of inflation it isn't a big concern for you.