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Harry Reid Rattles Markets

sevenheart Wrote: Dec 03, 2012 9:52 AM
Chris, I live in inflated Colorado and it isn't fortunate. I've been here all my life, when you bought a house for $17,000 and earned $7/hr. Now, because everyone wants to live in beautiful Colorado it costs $200,000 for a similar home, everything costs more and the income my wife and I earn doesn't make us any more than middle class. Since our careers are centered here, we can't pull up stakes and move somewhere else. While we have what seems to be a high income, we do not have a higher standard of living. It's a problem with the one size fits all mentality of Washington, DC and how it has permeated our society. All things are not "equal".

Knowing the market was on pins and needles, Harry Reid gave stocks a nudge last week, sending the major averages spiraling into the close. It didn't take a lot of words, but they were the kind that sent investors scurrying for the exits.

"We're not making enough progress on the fiscal cliff."

While I'm happy President Obama finally met with small businesses, the White House is using grade school bullying techniques that the cool kids use to punish the not-so-cool kids. Non-stop campaigning is probably how the office operates from now on as it works for the incumbent who spent more time...

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