Hello

[diegokid]

Good morning Commrades!

[eliminator]

I shall reevaluate my current financial position for 2009......

[ralphscott]

Restructured last January, glad I did. Tennessee actually went more republican this presidential election than the last and same holds true for the state house where the republicans won more seats. I do have to admit that we have also cut back on our consumer spending. With good 'ole Barney Frank and Chris Dodd riding herd over Fannie and Freddie and the Banking committee we'll be just fine.

Ralph

[scott h]

take from the middle class and give it to the rich. If that isn't redistributing wealth what is?

[brfutbrian]

Good morning Commrades!

i normally dont talk politics but, you want some cheese with that whine? what did you expect after the last 8 years? please dont get me started. later, brian

[pbrown]

C'mon guys. Do you really think you'll be standing in line for toilet paper?

It's clear to me that the lack of regulation over our lending institutions that put us in the mess we're in. And the economy was the one thing in everyone's mind when standing in the voting booth. I am a big McCain fan and always have been but anything is better than the village idiot we've had for the last eight years. For me it has always been about fiscal responsibility. The last three Republican administrations have spent way more money that they had a right to. I don't like being in debt to the Chinese. If you want to claim to be a conservitive then really be one. If you don't have the money, don't spend it!

That said. I'll be selling off the GE, Raytheon, and Halliburton stocks.

[will butterworth]

Naw--hold on--don,t sell right now--this too shall pass.Markets are adjusting to democratic adm., --will come out of it--may be 12 or more months--I am worse off than you--trying to get everything lined up to retire Jan.1 09--this storm will pass, america will still be here.Now is the time for little folks like us to buy.Take care-good luck.Will-alabama

[ralphscott]

Will, I continue to buy as I am an advocate of Benjamin Graham, in the purchase of value stocks. Buffett worked for Graham in his youth. I plan on holding these stocks for at least 5 years. I can only imagine the difficulty you have in planning your asset allocations to meet your retirement needs. The market over the last two days is responding to the president elect's position on doubling the capital gains tax and revoking the bush taxcuts and the uncertainty around small business (Small Caps stocks) regarding other aspects of the president elect's campaign promises.

Patrick, I share your anger regarding the Community Redevelopment Act and the consequences visted upon the American public by the fools in Congress that forced banks to give out these loans and forced Freddie and Fannie to buy more of these toxic assets yet resisted calls for more regulation and oversight of Freddie and Fannie, hence my sarcastic comment about Frank and Dodd, they should be treated like Michael Milikin the junk bond king.

[will butterworth]

you are right on target,that is exactly where all this financial mess started--every bad thing that is happening in our economy is directly traceable right back to washington.I don,t worry about moscow, tehran, i worry what washington might do.Doesn,t appear anyone up there has ever had a class in economics.Pelosi and Obama are looking straight at wall street--last big money gov. doesn,t have a big hand in. But they will. Thats mine and your retirement money they want.AAAHHHH SS-----T.get mad--will hush.Friend from alabama---will.