NEW YORK — News of President Obama's re-election sent U.S. stock futures lower and weighed on foreign markets, as investors looked past the voting and began to worry about serious financial issues facing the U.S. Congress and countries across the globe. About 11:30 p.m. ET Tuesday, Dow Jones industrial futures were down 51 points, according to Bloomberg; S&P 500 stock index futures were down 7 points and Nasdaq futures were off 8 points. They had been down further earlier in the evening as Obama's re-election looked likely.
Sorry, I posted this on another article, but should we cash out our retirement funds and "hide' the money? Pay taxes this year figuring confiscatory taxation to steal the wealth of the producers is coming.
And Zippy and the rest of the Marxists KNOW that people like me (us) didn't work hard and sacrificed our whole adult life, we were just lucky or stole it from others.
If I didn't have my faith, I would be very close to despair. I work very hard for a privately owned company, and I have managed to get a little ahead. However, being in the service industry, many of our deals currently in the hopper will go south as businesses shrink and the economy grows even worse.
I am one who always looks for the silver lining, but I cannot see one in this situation.
How much deeper in debt will Obama drag down the U.S. economy with, by the end of his 2nd term? It will be at a higher rate than a mere $2 trillion per year deficit that he averaged in his first term. You have to remember that the Democrats stay in office by paying benefits to their constituents. That's how they stay in office. They aren't about to lower spending. If you talk to any Democrat, they'll say with a straight face that Govt. should spend 50% of the GDP, or more. So, spending will rise. But you also have to factor in the response to the recession next year. The Democrats will tout increased spending for hiring more bureaucrats on the state and local levels, funded by the fed...and call that job creation. So, we're doomed for yearly deficits on average of between 2 and 3 Trillion USD per year, which will put the U.S. in debt to the tune of $25 trillion by 2016.
I wished four years away for this election, and I don't believe I can survive the next four years of this. There is no silver lining or ray of hope here; we and our children and grandchildren are screwed, and this nation will be destroyed.
Bye bye Miss American Pie, drove my Chevy to the levy but the levy was dry... Just wait til those fools who voted for him and plan to retire with a fat union pension or even a marginal 401K realize that DUH it's invested in the stock market.
#14, the stock market? Isn't that where those rich One percenters make their evil fortunes? All those teachers and cops and bus drivers and street cleaners, you mean they have to worry about the stock market?
all bets are off now, and frankly, obama is the symptom. the suffering has to be far more widespread, as it was in the soviet union, before they realize how much their decisions are causing their own harm. things will have to get worse, and with this election, it is guaranteed, unless congress does everything legally possible to stop him.
The Dems will raise taxes, but big businesses will go overseas, and small business will transition their employees from full time to part timers, to avoid the Obama care penalty. The Dems can raise the taxes as much as they want to, they won't increase revenues with American workers earning less, inflation going wild, and corporations saying toodle-oo. The only bright side to this disaster is that Israel now knows it's on it's own against the Iranians, and will have to strike, soon.
What if Obama success today is part of the reason why America will have no say in the coming Armageddon? He'll have the equivalent unenviable role of today's Judas Iscariot selling Israel out. He'll not get to enjoy his 30 pieces of silver for very long.
I plan to buy as little as possible. I will only spend for necessities. I will especially avoid spending money in blue states. No trips to Fla. Gas can go up to $6 per gallon, I will be home.
I have not had cable or been to a movie in years. I do not support Hollywood at all. With prices of food and other goods increasing I may not be the only one. Will the know-it-all celebs enjoy four more Obama years.
I am scheduled to meet with my financial adviser next week. I will be asking advice as to what investments I should move everything into. You know, things like gold.
The market will not like this. All those evil 1 percenters will now be looking to move their assets to foreign accounts and other safe havens and unproductive tax shelters. Investment capital will dry up big time.
Now you know why Zippy's campaign didn't share the money with down ticket races - billions spent over the last four years to generate the fake registrations and votes - and why the polls were skewed at D+9 and D+11, when nowhere near that many of their faithful followers showed up - and why they kicked pubbie poll watchers out whenever possible - stuff the fake votes in the box and you don't need your followers to be enthusiastic or show up to vote; you vote for them.
I second that emotion, #24 (that was a great song, wasn't it?). However, we must be like those in Valley Forge who soldiered on, as hopeless as things seemed. It's for our country. It's for freedom. It's for our children and grandchildren.
We must start a new political party, free of the corruption that infects both the Democratic and Republican parties. A party the genuinely represents the working middle-class. We must build it an make it grow in an admittedly hostile environment. We must. We have no choice. We have no other purpose. We're Americans.
Sarah Palin is keeping up the infomercial peddler charge against President Barack Obama, criticizing his “ShamWow” speech in Boston and accusing him of lying to the American people. (Snip) “For starters we anticipated a presidential apology for lying to Americans repeatedly when he promised things like, ‘If you like your current health care plan, you can keep it.’ Make no mistake, he knew he was lying when he said that,” Palin wrote. “Was remorse and sympathy shown for Americans who now can’t afford health insurance thanks to Obamacare? Nope. … Obama didn’t lie to you when he said, ‘if you
Former Alaska Gov. Sarah Palin said she would be "disappointed" in the American electorate if Hillary Clinton becomes a serious candidate for president in 2016. The 2008 GOP vice presidential nominee argued Clinton would not be right for the role as commander in chief after four Americans, including the U.S. ambassador to Libya, died last year in a terrorist attack against a U.S. consulate in Benghazi. (Snip) She said "anyone who would just throw away 200 years of military ethos and leave our men behind to be murdered" should "never be considered as a commander in chief."
Americans who are fed up with Obamacare won a victory yesterday. The House voted to defund Obamacare while still funding the federal government to avoid a “devastating” shutdown. (I shall not digress, but it’s beyond distressing to hear liberals try to convince Americans that any government slowdown is comparable to “terrorism.”) (Snip) I want no pity. I need no empathy. But use me as a barometer. Over the years, the leftwing media has falsely and irrationally accused me of everything from faking a pregnancy to abetting murder. They lie. Deal with it.
Now we can say it without a doubt: Seattle has the loudest fans in the world. During the Seahawks-49ers game Sunday, the 12th Man broke the Guinness World Record for loudest crowd roar, the record attempt’s organizer said. We have yet to officially confirm the report from former Seahawks player Joe Tafoya, but he tweeted from the field that the record had been broken. Seahawks fans hit 131.9 decibels, according to The Seattle Times, after the Seahawks and 49ers returned to the field from a weather delay. The previous record was 131.76 decibels, set during a 2011 soccer match at
It was an overcast, albeit relatively mild August day by Washington D.C. standards, fifty years ago today, as I joined the thousands walking along Constitution Avenue toward the Lincoln Memorial. Many of those in the crowd who had traveled vast distances by busses and cars from all over the nation, but in particular the deep South, had a look of apprehension bordering on fear, not knowing what to expect from the police and those vehemently opposed to unfettered civil rights. Despite the trepidation and regardless of skin color, nationality or faith all were determined to compel the nation to listen
Sarah Palin joined Eric Bolling on Fox News this morning to take a mini-victory lap over some Democrats suddenly embracing the idea she put forth years ago over health care “death panels.” Palin felt somewhat vindicated, but didn’t want to “condone them… for trying to jump off the Obama train wreck.” She told Bolling that rationing was in the health care law from the beginning, and the Democrats who didn’t notice it until now did not want to look like “buffoons.” (Snip) Palin proudly declared her allegiance to Team Rand, hitting Christie for his “schtick” of “set-up situations”
Back in September of 2008, Sarah Palin spoke at a Colorado Springs rally. During her address, she lamented the all-encompassing power of government sponsored mortgage giants Fannie Mae and Freddie Mac. (Snip) She was, of course, pilloried for this. Virtually every mainstream media outlet pounced, accused her of ignorance, and reminded the American people that these were not taxpayer funded entities. Taxpayers simply weren’t a factor.
When I was a kid, I knew two different Santa Clauses. The first had a fat belly, rosy cheeks, a long white beard, and skin as pink as bubble gum. He was omnipresent, visiting my pre-school and the local mall, visible in all of my favorite Christmas specials. Then there was the Santa in my family’s household, in the form of ornaments, cards, and holiday figurines. A near-carbon copy of the first one—big belly, rosy cheeks, long white beard: check, check, check. But his skin was as dark as mine. Seeing two different Santas was bewildering. Eventually I asked my father what
US President Barack Obama may have moved the masses attending Nelson Mandela’s memorial service with his stirring eulogy, but it was his grinning "selfie" with the Danish and British premiers that set social networks abuzz. In a candid moment captured by a photographer, Denmark’s Prime Minister Helle Thorning-Schmidt can be seen holding up her smartphone, with Obama lending a helping hand, as they pose for a picture with David Cameron, all three of them smiling broadly in their seats at Soweto’s World Cup stadium.(Snip)Mashable, the news and technology website, ran the photograph under the headline: ‘‘Dear Obama: Funerals are no place
Johannesburg - A man who provided sign language interpretation on stage for Nelson Mandela´s memorial service, attended by scores of heads of state, was a "fake," the national director of the Deaf Federation of South Africa said on Tuesday. Asked about the claim by The Associated Press, South Africa´s government said it was preparing a statement. Three sign language experts said the man was not signing in South African or American sign languages. South African sign language covers all of the country´s 11 official languages, according to the federation. It wasn´t immediately clear if the unidentified man was using a
On his way to the podium at the memorial ceremony for former South African president Nelson Mandela, President Obama walked down the line of dignitaries, greeting other leaders there to pay their respects. Among the hands shaken: that of Cuban leader Raul Castro. Obama neither made a special effort to shake Castro’s hand nor to avoid him. A snub might have been awkward: In his speech, Obama praised Mandela’s “greatest gift” as “his recognition that we are all bound together in ways that can be invisible to the eye; that there is a oneness to humanity; that we achieve ourselves by
House Speaker John Boehner (R-Ohio) snapped at conservative groups that have come out in opposition to the budget deal reached Wednesday between Rep. Paul Ryan (R-Wis.) and Sen. Patty Murray (D-Wash.). "They´re using the American people for their own purposes. This is ridiculous," Boehner said at a press conference with other members of House Republican leadership on Wednesday. Over the past few days, a number of conservative groups have blasted the deal because it sets discretionary spending levels in the budget higher than previous levels under sequestration. In the past three days, the influential Heritage Action, Club for Growth, Americans
The Obama State Department has finally released a second round of photos revealing the harrowing devastation wrought by a terrorist attack on the U.S. Consulate in Benghazi on Sept. 11, 2012. The new photographs depict rampant damage to the consulate. They show charred walls, smoldering fires, Arabic graffiti defacing exterior walls, and scattered debris throughout. The extent of the damage would lead any reasonably serious person to conclude that this was a cold, calculated attack, carefully coordinated to mark the 11th anniversary of Sept. 11, 2001. Unfortunately for the American people, the Obama-Clinton-Rice cabal that led to the Benghazi cover-up was
A black fashion student says he was brutally attacked by a gang of Hasidic men who shouted anti-gay slurs at him while he was walking through Williamsburg after a night of partying, the Daily News has learned. Taj Patterson, 22, was headed home to Fort Greene around 4:30 a.m. on Dec. 1 when he says more than a dozen ultra-Orthodox Jewish men began assaulting him on Flushing Ave. and yelling, “Stay down, f----t!”