Jim Fernandes wrote: Given this loss, if Republicans aren't willing to come to the negotiating table, my advise to Obama would be to let the country slide into the fiscal cliff. Let the taxes rise back to Clinton levels - and let the spending cuts kick in. Bitter pill, sometimes, can be the best medicine.
In the meantime, now that Mervyn's horse lost, I'd advise him to bet on real productive investments. Gold isn't a productive investment. --------------------------------------------------------------------------- Jim Fernandes, It sometimes pays to be magnanimous in victory. Secondly, for the first time in a dozen years, I completely agree with you and your analysis of the US political situation. I also echo your sentiments that the Republican party is not in touch with the majority as, sadly, they got hijacked by the extremist Chai Party. It is always a horrible day when the son of a Kenyan defeats the Republicans. Even so, rest assured that true born Republicans will never welcome people who believe in science and evolution. The reason why Obama won is because people believed Jay Leno when he said, "Once you go black, you can't go back." Your economic analysis, however, has some room for improvement. No one is going to benefit by cascading merrily to the fiscal cliff. George Bush (43) understood this. Let me remind you that his model for economic success included: 1) Increased government spending 2) Decreasing government revenue 3) Borrowing money from China 4) Depreciation of the US dollar. Obama (44) can not deviate from this yellow brick road. Lastly, I am glad to see that you are now promoting gold. As you correctly point out, gold has not been a real productive investment. It has been a super productive investment which has generated an annual return of 17% for the past decade. Or more. Mervyn1650Lobo
