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Posted about 14 years ago

Sometimes I can't believe what I read

Before I write this I want it to be clear I am not raising this to be political or have any of those discussions as I am a real estate investor and not a Poli Sci Major.

That said I could not believe what I read today on CNBC.com and Yahoo Finance Boards.  Our President is NOT worried about a slow down or another recession.  Are you kidding me.

I can't believe he said that, I don't know who his advisors are but he just indicated how he can be beat.  I can see the headlines already in 9 months.  President out of touch, he didn't see this coming, what can he do???

By then he will be a lame duck president as he won't be able to get anything through congress and he will be doomed to lose because it is ALL about the economy!!! It is always about the economy!!!

Oh Well I guess I shouldn't be surprised.  Time to get ready for a rocky couple of years

Things are going to get real interesting

Mike


Comments (3)

  1. I agree Charles - if the Fed holds the line on no-QE3 then it looks like some heavy asset deflation in the short term.


  2. This "recovery" sure has been frustrating. I think there are genuine signs of health now though.


  3. The coming months are probably going to prove to be very rocky.