economy stupid was definitely the swing voter in this election. people hated bailout. What is the newly self-proclaimed mandate Democrat congress calling for? Auto industry bailout. We’ll have to see what Obama does, but his campaign promise of changing old washington politics doesn’t look very persuasive when you see his whole transition team looking like Clinton’s team. Dems were howling at Bush for his executive orders, and Obama is already calling for sweeping exec orders. yeah, yeah, they are prerogative. But, we’ll see what happens. If anyone thought for a second that very much would change, they are idiots…well, sorry to say americans are idiots, because many voted thinking that the President has sole purview of the economy.

mccain was an absolute idiot, so i was completely shocked at the election results.

“And the political leaders still don’t understand that you can’t solve a financial problem/debt by making money even cheaper.” So what do you propose? Making credit/money even more expensive? That kind of misstep is like the Fed a la 1930s.

“The only question is that will other countries be willing to continue to partake in the financial irresponsibility of US government and consumers?” If the numbers out of Euroland and Latin America are any indication then the answer is sadly yes they already have. Look at the dollar/euro and pound/dollar crosses. Look at Argentina. The dollar is gaining against most currencies.

http://www.contrarianprofits.com/articles/6-investment-ideas-for-the-obamanomics-era/7951