I make a decent return on my investments and the biggest guide I can give you is to watch the Baby boomers and what they are going to do with their money next. That and stay away from bubbles/crashes ("don't try to catch a falling knife"). You'd think that this information would already be embedded into the market, but it really isn't.
I think your inability to make good financial investments is directly linked to your hard leftism and your desire to punish people who do.
Unfortunately, the policies you advocate are the cause of poverty in this society... and when they do something like create the housing bubble -- you turn around and blame the victims, rather than the perpetrators. (The housing bubble was created by clinton administration regulations requiring banks to loan money to people who couldn't repay- after it burst the obama administration effectively nationalized the banking system, moving the country closer to fascism.)
Your "how quickly they forget" tells me that you view the world thru the lens of propaganda, not reality, and thus it was heartening to see once again that the source of this support for evil is simply jealousy.
Wow. Way to extrapolate my argument into a preconceived idea of who I am and what I'm advocating. Where did I suggest we punish people who make money?
>Your "how quickly they forget" tells me that you view the world thru the lens of propaganda, not reality.
Take a step back and consider that judgement. Is that a sound judgement based on my comment? Is it possible that maybe I'm well read, educated, centrist who doesn't see the world in black and white? Is it possible you're actually viewing me through a distorted lens and seeing a stereotype created by another form of 'propoganda'?
I may be wrong about this, but wasn't the program that effectively nationalized the banking system the TARP, which was signed by Bush before Obama was elected?
That's a fair perspective. And really, you could go all the way back to the founding of the federal reserve as the beginning of the nationalization of banking. But I was specifically referring to the Obama administrations "reforms" that put the federal reserve in control of regulating the banking industry.
