How long in the desert?
On Nov 24, 2:51*pm, Boater wrote:
That was one of the questions asked at a breakfast meeting I attended
today with a financial services client and a couple of others across the
river in Alexandria.
More specifically, how long will the Republicans be wandering in the
desert until they can elect a president again?
Consensus: *16-20 years, minimum, and maybe never unless the party makes
significant changes in its attitudes towards Latinos, blacks, social
issues.
The financial services guy manages several funds, including a large-cap
fund. He thinks many of today's large-cap corporations will never come
back, and if there is a market rebound, the smaller corporations will
lead the way. His advice to me: stay the hell away from "the market."
Oh...the financial times we're in right now...some fund managers are
referring to it as the "Bush Recession," and others, the "Bush Depression.."
If that's true then you must run with some damned stupid "fund
managers". They don't know the meaning of "recession" OR "depression"
in regards to the U.S. economy.
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