69 replies to this topic

[southwind]

Good Luck everyone!...........................We're "ALL" going to need it !

http://news.yahoo.co...wPPNSrqRqayBhIF

[dapoes]

[tadjr]

We sure are going to need all the help we can get. Please explain the $XX,XXX loss in my 401K before Obama was even elected.

[Gilding the Lily]

southwind, on Nov 5 2008, 01:21 PM, said:

Good Luck everyone!...........................We're "ALL" going to need it !

http://news.yahoo.co...wPPNSrqRqayBhIF

That article places too much emphasis on Obama as the reason for today's drop in the Dow, as if the mere "pondering" of investors led to the decline. Rather, now that the election is over, investors are forced to look beyond Obama's historic victory and see the economy as it is. This morning several indicators came out that have much to do with the Dow's decline. An index of private employment showed companies lost 157,000 jobs in October. Moreover, a report also noted that non-manufacturing sectors of our economy contracted sharply in October, its index falling to 44.4% from 50.2% in September.

[777 fixer]

Gilding the Lily, on Nov 5 2008, 02:09 PM, said:

That article places too much emphasis on Obama as the reason for today's drop in the Dow, as if the mere "pondering" of investors led to the decline. Rather, now that the election is over, investors are forced to look beyond Obama's historic victory and see the economy as it is. This morning several indicators came out that have much to do with the Dow's decline. An index of private employment showed companies lost 157,000 jobs in October. Moreover, a report also noted that non-manufacturing sectors of our economy contracted sharply in October, its index falling to 44.4% from 50.2% in September.

Then there are things like the latest sales numbers from the Big Three in Detroit.

[delldude]

tadjr, on Nov 5 2008, 02:55 PM, said:

We sure are going to need all the help we can get. Please explain the $XX,XXX loss in my 401K before Obama was even elected.

The Messiah is looking into several plans to get at tax sheltered earnings.I heard two today.One they tax what you have already saved...another they totally confiscate it.Then you get one check from SSI.
They want your unpaid taxes and will get it one way or another.

Didn't hear about that on nightly News did you?

[tech2101]

delldude, on Nov 5 2008, 03:38 PM, said:

I heard two today.
Didn't hear about that on nightly News did you?

Listening to Rush Limbaugh again?

[dapoes]

tadjr, on Nov 5 2008, 02:55 PM, said:

We sure are going to need all the help we can get. Please explain the $XX,XXX loss in my 401K before Obama was even elected.

Its ok, as long as there is some left when your unemployed...due to the rampant job losses he will cause.