Yes I guess some could say the sky has fallen. This Bailout / Cover-up bill or as Michelle Malkin puts it Crap Sandwich 2.0 has wrecked the markets this week.
Calm down, take a breath, all is not completely lost YET.
As is true with gains in the markets, you have not sustained a gain or suffered a loss until you sell. So if you can, do not sell. As a matter of fact I am buying, cautiously, carefully and only buying stocks I really know and trust. But the prices are great.
Your 401K or your IRA has not lost all of it’s value unless you cash out. Weather the storm, hunker down, seek good solid advice. I would suggest that you seek council with the investment arm of Wells Fargo Bank or The Motley Fool .
I am not supported by either of them!
Wells Fargo is a good call as they were smart enough to stay away from this Subprime Mortgage, Fannie Mae, Freddie Mac, Democrat affordable housing mess. The Motely Fool, well these guys do not believe in short term ...
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They Do Not Learn From Their MistakesFrom: ignoranceorapathy.com
Post Date: 2008-10-08 10:13:29
Rights and privileges.
This seems to be one people get confused on, so I will expound
A right is something you are born with and no one can take away.
Thomas Jefferson said “endowed by our creator”, i.e. God gave you your rights.
Right to vote.
No! You do not have a right to vote, voting is a privilege. If voting was a right you would have been born with a voters card in one hand and a ballot in the other. Creating the myth of the right to vote is a tactic of Liberals in...
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Socialism, It Only Failed Cause the Democrats weren’t in ChargeFrom: ignoranceorapathy.com
Post Date: 2008-10-08 02:32:40
http://michellemalkin.com/2008/10/07/flash-acorn-offices-in-las-vegas-raided/ Oh My, I have to link to this post on MichelleMalkin.com Comment# 176 , I do not believe I have seen the case against socialism and universal health care stated as well recently.
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Communists, Socialsts and Radicals, Oh MyFrom: ignoranceorapathy.com
Post Date: 2008-10-08 01:12:32
When I was younger I used to wonder why Harry Truman had such a hard time fighting the Korean war to win it. Then how Lyndon Johnson could so willingly commit our troops to defeat in Vietnam. As I grew older and more informed the pattern emerged. They both had socialist leanings, sympathies and agendas. Truman surrendered half of Europe, half of Korea and all of China to the communists. Johnson on the other hand was not satisfied with just giving Vietman to them so he decided to launch a se...
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