This is by far the worst post election stock market in history. The good news is it finally looks like everyone is running for the doors.
Panic? Not really, not yet.
Will there be panic? I don’t think so. I think much of what is happening has little to do with panic selling. Much of the sell [...]
In a previous post I talked about the hearing held on October 7, of this year about seizing retirement accounts, 401(k), IRA and other pension plans.
The details of the plan being contemplated are from a position paper written by Teresa Ghilarducci, a professor of economic policy analysis at the New School for Social Research in [...]
Continue reading about More On the Plan to Seize Retirement Accounts
There is a great deal to do before the end of the year now that we know who the next President will be. I am still seeing lots of hits from people searching for answers on how to deal with an Obama administration. As I mentioned in some other posts here, many seem to be [...]
Continue reading about The Election is Over, Time to get to Work to Prepare for President Obama
unless they are asking for my vote.
I woke up this morning to so many emails from the contact page I had to turn it off temporarily. At first, I thought it interesting my posts on Preparing for an Obama presidency and “President Obama” would stir up such interest. Then I noted in a few of [...]
Continue reading about I Don’t Judge People By Their Politics…
Yes, I know the consensus is “something” has to be done. Yes, I know the dire scare tactics being used. Yes, I know it has the support of the democrats, many republicans and the President. Yes, I know it is probably a given that it will pass and be signed into law.
BUT IT SHOULDN’T BE!
What [...]
Continue reading about Hoping Against Hope That the Bailout Will NOT Pass
Yesterday, I received several calls, emails and instant messages with the same theme…
The markets are crashing around us! Should we liquidate? The media (and Obama) are exclaiming this to be the worst catastrophe since the Great Depression! How will we ever survive this mess?
I reminded them if their stop loss settings kicked in and a [...]
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