I haven't looked at my 401K for a couple of months, checked it today...

[AnUnidentifiedMale]

Check your balance again in the morning. With the market up about 1% today, you'll probably be smiling - again.

[monkeywrenching]

Originally Posted by hawkeye2009

This is rich. Perhaps you should learn a little bit more about investing. The fact that Obama has harmed the US economy has made me alot of money during his four years, but has harmed the aggregate of America.

Unemployment at 8.5%
Real unemployment over 20%
Record number of people on foodstamps
record foreclosures
US manufacturing declining
restrictions on US energy refining and exploration
increased corporate regulations
continued trade deficits with no negotiations on NAFTA or China


Yes, Obama is great, if you hate America and want to doom your children to servitude. Wake up- a socialist community organizer should never have been placed in the highest office in the land and his dismal failure is evidence of this. If he is re-elected, the national debt will stand at $24 trillion with only default and or anarchy as a result. Liberals WANT THIS such that they may usher in a socialist/communist regime.

Wake up- the leftists are the worst enemy of the middle class.

I for one fear being in a country with no goverment, but having anarchy is alot better than being in servitude.

[momonkey]

Originally Posted by odanny

They certainly are. Despite their best efforts the U.S. economy continues to recover, and my 401K is going through the roof.

And the dollars it buys are losing value every day...

[wrench409]

I already cashed in my 401k.

I used the cash to buy the house I always wanted.

When it all comes tumbling down, I STILL have the house instead of computer digits on a screen somewhere across the country.

And that gives ME a better piece of mind in the long run than cash, gold, etc.

[Rick Roma]

Originally Posted by Bostonian123

Obama's policies are helping the economy recover despite the actions of the obstructionist GOP.

The economy is slowly recovering despite Obama's policies.

[dspguy]

Comments like the OP remind me of pro sports athletes. They praise Jesus when they succeed, yet make no mention of him when they fail.

[Bideshi]

I expect, in truth am hopeful, that Obama will pull every magic BS trick in the book to prop up the dying economy (at least as indicated by the stock market) leading up to the November election so that I can recover some of my losses and bail out of the market right before the election.

[HappyTexan]

Originally Posted by Bideshi

I expect, in truth am hopeful, that Obama will pull every magic BS trick in the book to prop up the dying economy (at least as indicated by the stock market) leading up to the November election so that I can recover some of my losses and bail out of the market right before the election.

Bingo..ride the wave while you can.
"Don't let a good crisis go to waste" as they say.

[Darkatt]

Originally Posted by Bostonian123

Obama's policies are helping the economy recover despite the actions of the obstructionist GOP.

You really need to open your eyes. Harry Reid, is holding up over 2 dozen job creating, economy boosting bills in the senate, that the HOUSE has already passed, by not letting them even come to the floor. Your democrat leader in the senate is obstructing...

[hawkeye2009]

Originally Posted by monkeywrenching

I for one fear being in a country with no goverment, but having anarchy is alot better than being in servitude.

Servitude?

If you are a serf in the US, it is of your own design, and you are not a "victim" of an evil corporation.

Anarchy would benefit no one. Ironically, it is those who would be completely unfit to survive in such a situation- urban dwellers with no guns, food, water, or land- who seem to be most comfortable with this possibility.