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<p>[QUOTE="yakpoo, post: 1387422, member: 18157"]My "GUESS" is that you can't believe anything coming out of Washington these days. If they say there won't be a QE3, you can almost bet on it...or something like it. Assuming no abatement of liquidity into the market between now and November, I would stay exactly where I am...in stocks. As we approach November (or as gas goes over $4/gallon), I'm jumping out of stocks and looking for real estate deals.</p><p><br /></p><p>The entire "recovery" hasn't been a recovery at all (imho)...we're simply flooding the market with money we don't have...our children's money. The idea is to borrow now and pay back with inflated dollars...let's see how long that strategy works. This rich/poor debate and the "Occupy" movement is nothing more than a "Progressive" smokescreen to justify buying votes via "tax cuts" for people that don't even pay Federal tax. :rolling: </p><p><br /></p><p>One hundred years ago we were a society that valued Thrift, Industry, and Charity. Today we're a society that values Debt, Consumption, and Selfishness. This "change" has happened under the progressive guise of "compassion for the least fortunate among us" who have had a string of bad luck "through no fault of their own". The fact is that we've been turned into a Welfare society where no one takes responsibility for their own future. </p><p><br /></p><p>"Oh...if I just had a BWM and a HD big screen...everything will turn out all right"...sound familiar, anyone? :kewl:</p><p><br /></p><p>100 years ago we funded the Federal government through taxes that were "apportioned among the several States" ...tariffs, mostly. Today, we have an income tax and "free trade" agreements around the world. Is that smart? Is it smart to open our markets when we have a 23% embedded tax in our products but let foreign countries sell goods in this country tax free? Last year South Korea sold over 500,000 cars in America. You know how many US cars were sold in Korea? ...less than 1,000. ...but "NO!" the fault isn't our antiquated tax system...it's the big, bad corporations that are moving our jobs overseas.</p><p><br /></p><p><font size="3"><i><b>Come On, people! Am I (and Dr. Paul) the last people on Earth with a brain? <span style="color: #FF0000">Repeal the 16th Amendment and adopt the Fair Tax!! </span></b></i></font>:hail:<font size="3"> </font></p><p><font size="3">(before it's too late)</font></p><p><font size="3"><br /></font></p><p><font size="3">Oh...and did I mention, "buy stocks"? </font>:thumb:[/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 1387422, member: 18157"]My "GUESS" is that you can't believe anything coming out of Washington these days. If they say there won't be a QE3, you can almost bet on it...or something like it. Assuming no abatement of liquidity into the market between now and November, I would stay exactly where I am...in stocks. As we approach November (or as gas goes over $4/gallon), I'm jumping out of stocks and looking for real estate deals. The entire "recovery" hasn't been a recovery at all (imho)...we're simply flooding the market with money we don't have...our children's money. The idea is to borrow now and pay back with inflated dollars...let's see how long that strategy works. This rich/poor debate and the "Occupy" movement is nothing more than a "Progressive" smokescreen to justify buying votes via "tax cuts" for people that don't even pay Federal tax. :rolling: One hundred years ago we were a society that valued Thrift, Industry, and Charity. Today we're a society that values Debt, Consumption, and Selfishness. This "change" has happened under the progressive guise of "compassion for the least fortunate among us" who have had a string of bad luck "through no fault of their own". The fact is that we've been turned into a Welfare society where no one takes responsibility for their own future. "Oh...if I just had a BWM and a HD big screen...everything will turn out all right"...sound familiar, anyone? :kewl: 100 years ago we funded the Federal government through taxes that were "apportioned among the several States" ...tariffs, mostly. Today, we have an income tax and "free trade" agreements around the world. Is that smart? Is it smart to open our markets when we have a 23% embedded tax in our products but let foreign countries sell goods in this country tax free? Last year South Korea sold over 500,000 cars in America. You know how many US cars were sold in Korea? ...less than 1,000. ...but "NO!" the fault isn't our antiquated tax system...it's the big, bad corporations that are moving our jobs overseas. [SIZE=3][I][B]Come On, people! Am I (and Dr. Paul) the last people on Earth with a brain? [COLOR=#FF0000]Repeal the 16th Amendment and adopt the Fair Tax!! [/COLOR][/B][/I][/SIZE]:hail:[SIZE=3] (before it's too late) Oh...and did I mention, "buy stocks"? [/SIZE]:thumb:[/QUOTE]
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