Big Tax increases on the horizon: Obama widens lead

[wilburbear]

A vicious cycle. Economy gets worse, Obama gathers momentum, higher taxes likely, economy get worse..............

http://www.bloomberg.com/apps/news?pid=20601087&sid=aph.ToGKnv.A&refer=home

 

[sho-tim]

I thought the latest national polls showed his lead being cut in half.

 

[wilburbear]

see the link above

 

[eminitrader007]

Quote from wilburbear:

A vicious cycle. Economy gets worse, Obama gathers momentum, higher taxes likely, economy get worse..............

http://www.bloomberg.com/apps/news?pid=20601087&sid=aph.ToGKnv.A&refer=home

Thank God. I'm tired of the budget deficit and the declining purchasing power of the dollar.

Historically both the economy and the market have done better under Democratic presidents.

 

[KINGOFSHORTS]

I wonder if people are tired of Liberal Republicans who love to spend spend spend,grow grow grow the government and provide welfare for the Yacht crowd.

 

[wilburbear]

Short-fest. Obama is now widening his lead (see link). Go short 1 minute after he puts his hand on the Koran and gets sworn in. Tax increases in a slowdown should cause the market to steadily trend lower.

http://online.wsj.com/article/SB122332442918808789.html

 

[Aok]

If Obama raises taxes within the first two years of his presidency after this 4th quarter and 1st qtr of 09, he'll have bigger balls than any prez in recent memory.

I do think he'll raise taxes as soon as he pulls the majority of troops out of Iraq.

And the tax rates for upper income brackets and reassignment of dividend/capital gains rates are a slam dunk.

 

[alientrader]

tax whiteys, give to blackeys.

why the fuck not??

we deserve it.

 

[wjk]

Quote from KINGOFSHORTS:

I wonder if people are tired of Liberal Republicans who love to spend spend spend,grow grow grow the government and provide welfare for the Yacht crowd.

I believe that it was the "punish the republican" vote that gave the congress back to the dems. Guess that one backfired. Or did it? Time will tell.

 

[sg20]

Obama will tax you and give the money to his brother in Africa.