It's official - the bear market is back...

[Embraer]

Originally Posted by the

For pilots, one would hope that is the case!

i hope i have a job next week.

[krichard]

Originally Posted by lendaddy

My life has been a bear market. Welcome to my pretty pretty little pain-cave.

LMAO qoute of the year! "my pretty little pain-cave". At least you own it with pride!

[dd74]

Originally Posted by kstarnes

If Obama wins and gets his wish of 50%+ marginal rates and 25% cap gains rates, then all bets are off . . .

That will kill the economy and, IMO, off-set any positive feelings that may be created by a sense that the USA is finally taking responsibility for its deficit . . . because spending will increase dramatically.

All IMHO.

Yeah. I'm wondering who Obama will be good for come November. It seems the "smart" money is shuddering a bit at the idea of he receiving the presidency. Because I'm here in La La land, I see a lot of people he considers high income earners who are barely making it. His philosophies might probably leave them homeless.

[the]

You have to hit rock bottom before you can start to climb up again.

We'll get to that bottom, with either candidate. Either candidate is faced with a huge mess in the US right now, that isn't going to get any better over the next 4 years, esp. with the current "Worst Ever Congress" in place.

Therefore, IMO, the next president will be a one-termer.

Obama, with his tax rate dreams, etc., will take us to the bottom quicker. And maybe that's not a bad thing - get it over quicker, hit rock bottom and start to rebuild.

Reid/Pelosi have been given control, with results which were completely predictable. Obama/Reid/Pelosi is the capper. It may not be painless, but at least it will be (relatively) quick.

[KFC911]

Originally Posted by the

... Obama/Reid/Pelosi is the capper. It may not be painless, but at least it will be (relatively) quick.

I'm inclined to agree...let the pendulum swing, and then return back to the middle "where it belongs".

[lendaddy]

It is sorta of like letting a junkie or drunk hit rock bottom, maybe we need complete Democrat control to wake us up.