Romney keeps picking all Bush advisors. He's either really stupid or he just does not give a flying f*ck that the Bush administration brought us a growing unemployment, a bigger government, 2 unpaid wars + growing military spending, a deficit, growing debt(aka Bush mortgage), Bush mortgage interest, Social Security IOU's, and a financial meltdown.

Beverly;

Your one line add that you keep repeating is not working. Just keep an eye for the next Pooling coming out soon.

The reason that the Dow has been loosing ground is because of what investors are seeing coming in the future if our President is re-elected. So far in the last 3 weeks from 13,200 to about 12,400. Not exact numbers but close enough to get the picture.

Whether you like Romney or not, this story is very revealing. I hope the Republican Party is still the party of family values and character.
Sometimes, this facet of Romney's personality isn't so subtle. In July 1996, the 14-year-old daughter of Robert Gay, a partner at Bain Capital, had disappeared. She had attended a rave party in New York City and gotten high on ecstasy. Three days later, her distraught father had no idea where she
was and Romney took immediate action. He closed down the entire firm and asked all 30 partners and employees to fly to New York to help find Gay's daughter. Romney set up a command center at the LaGuardia Marriott and hired a private detective firm to assist with the search. He established a toll-free number for tips, coordinating the effort with the NYPD, and went through his Rolodex and called everyone Bain did business with in New York, and asked them to help find his friend's missing daughter. Romney's accountants at Price Waterhouse Cooper put up posters on street poles, while cashiers at a pharmacy
owned by Bain put fliers in the bag of every shopper. Romney and the other Bain employees scoured every part of New York and talked with everyone they could, prostitutes, drug addicts, anyone. That day,
their hunt made the evening news, which featured photos of the girl and the Bain employees searching for her. As a result, a teenage boy phoned in, asked if there was a reward, and then hung up abruptly. The NYPD traced the call to a home in New Jersey, where they found the girl in the basement, shivering and experiencing withdrawal symptoms from a massive ecstasy dose. Doctors later said the girl might not have survived another day. Romney's former partner credits Mitt Romney with saving his daughter's life, saying, "It was the most amazing thing, and I'll never forget this to the day I die."

So, here's my epiphany: Mitt Romney simply can't help himself. He sees a problem, and his mind immediately sets to work solving it, sometimes consciously, and sometimes not-so-consciously. He doesn't do it for self-aggrandizement, or for personal gain. He does it because that's just how he's wired.
Many people are unaware of the fact that when Romney was asked by his old employer, Bill Bain, to come back to Bain & Company as CEO to rescue the firm from bankruptcy, Romney left Bain Capital to work at Bain & Company for an annual salary of one dollar. When Romney went to the rescue of the 2002 Salt Lake Olympics, he accepted no salary for three years, and wouldn't use an expense account. He also accepted no salary as Governor of Massachusetts.
Character counts! The media and Obama re-election machine will focus on Romney's wealth and the immorality of it, as they see it, but Romney is a man who uses his wealth to bless and to make this world a better place.

To Concerned Citizen: The markets may be moving down due to what’s happening in the political arena but to say that the markets are going down because of fear that Obama might get elected does not make any sense. The Dow would be trading at less than 8,000 without the stimulus packages put in place by the Federal Reserve. Investors the last 20 years have been willing to take on more risk with the belief that in the face of catastrophe, the Federal Reserve would step in with bailout funds or stimulus packages, making it easier to make leveraged bets on indexes as a whole increasing as a basic investment strategy.

If Romney were to get elected, he won’t, but if he were to get elected supposedly he would not back large stimulus or bailouts. That would have a major effect on two things; first, institutional investors would be much more prone to seek less risky investment strategies and as a result investment in stocks would decrease as investors seek safer investment like bonds or gold (the Dow would drift down past 10,000 over time). Second, his lack of support for stimulus spending would mean that when the Federal Reserve tried to unwind over 2 Trillion dollars of investments in mortgage backed security swaps, an increase in inflation and decrease in growth could lead to a negative GPD growth for 2013. The recession of the past 4 years has been tough, but the enormous stimulus and bailouts have sheltered us from the harsh reality that is the current economic health of America. If Romney does not flip flop on stimulus packages, which would not be true to form, then we are in for a painful 4 years of GDP decline, increased inflation and increased unemployment.

Besides that, investors on Wall Street are usually only looking about 6 months into the future and right now the prospect of Greece leaving the EU along with a possible hard landing for China’s GDP growth rate are bigger factors than who will gain control of an office that can do little to help the economy without control or at least the cooperation of both the Senate and House. I would say that Hollande getting elected in France, the outcome of the Greek election in June, and the election of a 9^th member of the Politburo that basically runs China are more important elections for the global and US economy right now than the US presidential election. Do you “get the picture”?