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Flaherty & Crumrine Preferred S Message Board

  • mrmuckle2012 mrmuckle2012 Jan 9, 2013 12:33 PM Flag

    End of March....Market Will Tank..mark this message!

    Republicans want responsible government and will shut down Obama wreckless spending. Probably not good for stock market and the NAV of FFC will drop and trade price will follow

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    • If the Republicans actually wanted responsible government they would have instituted such during the Reagan/Bush years. If you look at either the budget deficit or the trade deficit - you will realize that the Republicans while "talking the talk" have not "walked the walk." All their finger pointing is as worthless as that of the Democrats.

      Now if what you really mean is that both parties are going to put on another spectacle while doing nothing as they always do except to eventually "kick the can" you got it!

      Hopefully they will crash the market agin allowing us to pick up some cheap shares.

21.55-0.04(-0.19%)Aug 26 4:02 PMEDT