Posted by
AFIS Guy on Friday, November 14, 2008 9:32:43 PM
Today we see another dive in the stock market, 337 points down! Could the market be reacting to President-elect Obama's choice of 30 something ex-Clinton people in his transition?? (So much for change????!!!) When is the Pres-elect going to learn that if you want people to invest in the stock market, you can't keep going around telling people you are going to raise capital-gains taxes on them!
I was so sick of hearing Obama throughout the campaign talk of "the last eight years of failed Bush administration". It seems the economy was fine until 2006 when the Dems took control of Congress. I remember a 14,000 stock market, 4.5% unemployment, and the most revenue brought into the government than ever before. I would like to see President Bush or the Republicans come out and say these things. Why don't we hear or see more Republicans go out on the cable shows and major networks and provide this viewpoint, the Main stream media will not. In order to gain back some seats and maybe Congress in 2010, we need to start being out there now! We need the stock market and people that invest to get some kind of confidence back in the market in order for it to grow. If the people stand up and keep demanding lower taxes, then maybe it will persuade some blue-dog Dems to try to keep the far left from implementing any tax increases for fear of losing in 2010.
We must somehow restore confidence back into the market and prove that trickle-down economics actually works and that this country is headed in the wrong direction. WE THE PEOPLE must now more than ever keep our voices being heard and to convince Congress not to go down that path of socialism and big government. We can't keep bailing out everybody and expect the stock market to grow. Every time we bail someone out, someone else wants a handout and consumer confidence drops like a rock! Let's get out and let our voices be heard.