Thread: Investing 102
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Old 11-07-2012, 08:13 AM
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Quote:
Originally Posted by XLexusTech View Post
Not to get political but since al of my friends are pissed about the election outcome I am scratching my head as to why... On purely a finical basis if you income is sub 200K (like most of us) why would one say Obama over Romney or Visa versa? Asked another way if you were making 199K in income would your investment above still be a loser?


Like most POLITICAL discussions -- it's about IDEOLOGY rather than actual fact. With this particular POTUS... you're either with him - or against just about everything he stands for. When you have that - you have people that are either elated or they're PO'd.

Frankly -- and I don't want to turn this into a political discussion because nobody "wins" those and there really is no agreement to be had... but the Republican PARTY is to blame here. For the second election in a row they have given us someone that can't win... thereby delivering a victory to the Democrats. You can't run an "ultra rich/lilly white/Mormon" guy that even part of the lilly white rich guys can't get behind... and win. I believe that if you would have taken ONE of the two negatives out (pick one - Rich - White - Mormon) the outcome might have been different.
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