Winholder, this board is full of those who are full of themsleves yet miss the point(s). Markets always move on rumors retract on information. Unfortunately those you cite and the fool continue meandering without purpose. Unless one defines wealth redistribution as a purpose. Check with Fidel and the Soviets on that one, and, new attemptors.
Some fool posted T to $50 which may happen in the future, yet fails to provide support or recognize what is required to achieve such a goal. This will be a very good investing year. As Obama has designed with his anti-business positions, firms have laid off workers, reducing expenses and reducing revenues with a net result of stalled growth with increased profitability. The so called "rich" are moving, and unions are just starting to recognize impacts from ObamaCare in the very short term foreseeable future. Soon union constituents will understand the definition of "cadillac benefits" and the impacts on the common workers.
Oh, and don't forget, trickle down expenditure economics - Obama will not increase taxes, that would be unpopular, so revenues will come from the middle class from pass ons and from fees. Psst, don't dare call those fees taxes now. Folks are starting to see just what holes there are in Obama supporters arguments. Plan properly with your investments and you will profit.
Obama policies are hampering world and domestic economic growth. That is ok though. Wealth transfer is well underway and those that were dependedent are remaing dependent and bringing a host of formerly middle class people with them to become dependent. In the East, some are becoming dependent as a result of Sandy .
The Debt Celing, in my opinion, does not have to come down now. Just recognize that these silly Obama citations of taxing the rich will have virtually no impact on the debt ceiling and Obama's ability to write checks. See, Obama and his followers don't have to pay for it, it being anything.
Obama is trying to redistribute wealth, but is intent on milking the middle class with fees. He is anti-business but has increased business profits. He is destroying the US & world economy, but it's a great year for investing. Do you listen to yourself?
The economy is stagnant at best and I for one don't believe that is the real story.
Immigration and gun control deflections aren't going to save him when UE numbers come in higher this week than 'expected'. I would like to find out who the person is that has all these high 'expectations' that continually get smashed on a continuing basis.
You can only redistribute for so long before you run out of the other guy’s money or they hide it or take it offshore. Obama is pushing the envelope already. If a business is growing their profits, unless it is via increased spending on their government related contract awards, government has little to do with it.
Government’s most common influence on profits, other than defense spending or disallowing the Medicare folks for bidding drug prices, is to weaken profits.
More government is not the answer; it is the key to the problems. That however sad and true does not fit the liberal mantra, but government itself is the worst example of business acumen in the world.