In response to:

The Damn Will Break Soon

Rondoman Wrote: Nov 09, 2012 10:31 PM
Not at all. I just followed the Biblical imperative and was able to discern why trying to get rich is so dangerous. I follow my own maxim that profit should be considered the reward for a job well done, not the objective.

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.