Quote from sculptor66:
Exactly.
It is a fact that the stock market, as measured by the S&P 500, on average actutally fared a lot better in the past under Democratic presidents than under Republican ones.
One has to keep in mind that the S&P 500 are the 500 BIGGEST publicly listed companies in America.
And big business loves big government. Nothing new about that. An environment with complex regulations, big barriers to entry is one of the most favorable for the very large corporations, because they can create a distinct advantage in such an environment, for example by influencing legislation, creating specific loopholes and getting ahead of their (smaller) competitors.
Agreed. I fear that if Romney wins, the market will have catastrophic collapse. He's all about the bottom line, but just doesn't seem to understand that going into debt can actually have a positive outcome. Ask any wanna-be small business owner, and they'll tell you that if they can't get credit for start-up, then they can't get off the ground.
It seems to me that fear is the main reason that voters are even considering electing Romney. It's certainly not his credentials. His (and the republican's) campaign has sowed those seeds for years now.
Many doctor's offices and insurance companies across the country would likely benefit from a Romney win. Some are desperate to get back to those days where they can gouge insurance companies for whatever they like, and in turn the insurance companies could gouge the consumers. The heads of some of these firms are also very good at sowing fear into their employees that very dark days lie ahead if Obama wins.
Wall street firms are also as desperate for a Romney win as he is. I find it ironic that so many on wall street rant on and on about the middle and lower class having a false sense of entitlement, when it seems to be the wealthy who feel entitled to all of the world's riches. They are livid that is doesn't come as easily as it could....like what's his face from Westgate Tech- threatening his employees' jobs and blaming Obama because he's only making billions instead of trillions.
Sure, we might create a few more jobs by offering tax cuts to the wealthiest, and decreasing regulations, but let's think about it...
Half of the Arctic ice caps have melted in the past 20 years, and we are endanger of losing countless species to extinction- not to mention potentially life threatening damage to our atmosphere and oceans.
We have to implement change, even if it means we have to work harder for less. We just can't count on that to happen on it's own without passing some tough legislation.
I've heard countless republicans spew rhetoric about our grandkids having to pay for Obama's bill, but I believe if these old cronies in the G.O.P. had it their way, we will all be gone within the next couple of centuries, by means of either unnecessary wars or by simply raping the planet to death.
Whine about it all you want, but it is what it is (In my humble opinion).
I'm not even a democrat, and I'm voting for Obama.