In response to:

The Damn Will Break Soon

karpe diem Wrote: Nov 09, 2012 12:22 PM
the russians now have a good laugh at our expense. they got rid of their communism and have a capitalistic system with so many oligarchs it is not funny, and they buy expensive real estate in NY, but they are laughing at us. we switched places with them, voluntarily, we do not have a stalin, we did it to ourselves, well, 51% of them did it. we just have to ride it out and hope for a real hope and real change, which is what Romney offered but the idiots rejected.

For the market, Obama's re-election means relying on cheap money and overseas growth as the best underpinnings for higher stock prices.

Sure, the domestic economy is positioned to move higher, but I think it will stumble along, and in fact, could crash from political squabbling and doubling down on policies too harsh on success. Looking at the roots of the economy, small businesses and entrepreneurship, you see them drying up fast. People are not starting businesses, small businesses that are already going concerns can't raise money, and the damn will break soon releasing more rules and regulations and taxes.