freedombecki
Let's go swimmin'!
I can't afford to.Funny how Americans from a broad spectrum of fiscal perspectives agree that too much spending has been going on for the last four years. And yesterday, I read an article that says billionaires like George Soros and others are dumping their American stocks and some are telling their buds to do likewise.
Market Collapse in Process? Billionaires Continue to Dump U.S. Stocks, Traders are Betting against US Economy!
Despite the 6.5% stock market rally over the last three months, a handful of billionaires are quietly dumping their American stocks . . . and fast.
The article mentions Buffet and Paulson, and one I read yesterday mentioned Soros. I'm sorry to see this loss of confidence happen to my country.
Communism is just not a profitable situation for millions of people, and the society winds up prospering only the top echelon of apparatchiks. You'd think Harvard-educated leaders would have noticed that by now, but on they go, full speed ahead spending the nation into oblivion in the name of do-goodism (but only for their supporters, and nobody else, who likely will become future targets of public angst when the free money runs out and lines form at grocery stores that have nothing since everyone is too absorbed in getting freebies rather than working for a living, that traditional bore.) *sigh*
One of the reasons I don't feel bad about Romney losing and why I actually hope that the Democrats gain more in 2014. A financial shit storm is coming and the Democrat Party deserves to own it. Had Romney won I believe there would have been nothing he could have done to fix it, and he'd get the blame.
If I was the GOP I'd give obama and the democrats everything they want.