View Single Post
  #8   Report Post  
posted to rec.boats
Canuck57[_9_] Canuck57[_9_] is offline
external usenet poster
 
First recorded activity by BoatBanter: Oct 2009
Posts: 6,596
Default Obama and the SEIU want to nationalize your 401K

On 26/03/2010 6:58 PM, bpuharic wrote:
On Fri, 26 Mar 2010 18:41:39 -0600,
wrote:



My IRA is higher than it ever has been by a signifigant amount. My
grandfather once said a depression is a once in a lifetime opportunity
for the prepared. Was he right. I should hank th eliberal ponzi money
pigs in DC for the opportunity of a lifetime.


guess the right whiner doesn't know the depression started in 2007.

george bush was president. and he'd just spent a trillion in iraq

how'd that work out?


Ya, so? In 2006-2007 I had a good chunk of my portfolio into cash while
you liberals with your heads stuck up your arse watch democriter
congress do absolutely squat to avoid it.

In 2004-06 I reduced US cash to outside of the US. Cleaned up here too.

So while people lost 40%, I lost 10% in Nov/Oct 2008. While liberals
were crying for handouts early last year I loaded up to 95% invested and
watched many stocks go from 10% to 1100%. Now partially back to cash
because this isn't over. No amount of big mouth Obama is going to
change a thing.

Doesn't mater anyway when it started, I thank the liberal-left ponzi
management for this once in a lifetime investment opportunity. But who
knows, Obama trying to solve a monster liberal debt problem with more
liberal debt, I think we might get a second kick at the can.

--
--------------
Politicians don't provide anything, the tax payers do.