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The Damn Will Break Soon

marc432 Wrote: Nov 09, 2012 11:13 AM

Thank god I live in Texas. It still feels like the old USA. here, we hold onto our guns and religion as Obama so snidely put it. We also have a GSP of over 1.3 trillion dollars. And the right to keep and bear arms, to include concealed. We still believe in personal property rights and in the past 4 years have been in regular fights with the horror we refer to as Washington dc. As this republic moves closer and closer to a socialistic welfare for all tax fest, look to see where Texas heads......succession is not the extreme word it once was.

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rblack sr. Wrote: Nov 09, 2012 3:39 PM

You have my backing if you want to leave this mess called a country. I may even join you down there.

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jackncoke Wrote: Nov 09, 2012 12:34 PM

pretty sure you meant secession, right?

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The Damn Will Break Soon

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.

I...