Tuesday, May 12, 2009

Obama Beats Buffett With Stock Market Advice

Obama said stocks were a bargain back in March. Wall Street and other famous investors were skeptical. It's not that hard when you have your hands on the controls. Obama only realizes this to a small degree. If he had a better understanding of our monetary system and a new team, he could put the market up to record highs, solving "problems" such as future entitlement liabilities and allowing Americans to live at their full potential, something we haven't done for 80 years. Unfortunately what we'll probably get is a muted, but welcome, rally in stocks and a still-unacceptably-high level of unemployment and idle capital. Squandered potential and the real legacy we leave to our kids.

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