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Name: Mike Silverman
Location: Milford, MA
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IT'S AS BAD AS WE IMAGINED...

  As you recall, in recent months every time a spending program or bill was announced , the market dropped.  Every time Obama or anyone in the senate or Treasury announced plans to prop up industries with TARP, the market went south.  We need to very carefully examine what might be causing a fluctuation or rally, and realize also that consumer confidence is fickle to the point where the wrong words coming out of Obama's or Pelosi's or Reid's or Frank's mouths could send investors pulling back.  Also, companies have plans to deal with drops in market value and plans for boosting sales. Let's not rule out the private sector's ability to take the initiative to turn numbers around.  Recessions historically have rebounds and it would be unfortunate to assume that the governments attempts at socialistic take over of banks and over the top spending on things like universal health care and cap and trade and a litany of other things is what makes an economy sound and raises confidence.  It's rather the opposite.  It remains to be seen what becomes of any rally in the markets and what exactly is moving the consumer indexes. Government intervention tends to make investors frightened, and past moves by the administration and congress proves that wall street does not respond well to them. How, for example, does an investor know if or when AIG ( now AIU? ) is in the black because of sound business decisions or simply because of TARP funds covering thier debts? We may never, EVER, again have any reason to be confident in AIG.  Look at what has happened to the poor shmucks working there. They have been savaged by personal attacks from the President on down to Barney Frank and have had death threats launched at employees. They have had a horrific media blitz that increased in savagery since they were propped up by TARP. The reputation of AIG has been burned at the stake like they used to burn witches in old England, by the very people who said it was too big to fail. This is very sick stuff. Do you think.. right now... that the people who owned and operated AIG are now wishing they had gone through chapter 11?  I think they definitely would have been far, far better off and I think they all know it.  I think there's a real question mark on the Obama administration now as to whether Obama et-al actually knows what they are doing or even cares what happens in the markets. Yes, we have to wonder. Does the behavior and approach of this administration really show that they have any concern about the market? Looked at realistically, the answer is no. The goal of the administration seems to be obtaining and holding the power to micromanage the country's economy regardless of who it crushes in the process so that IT can decide what is fair and who the winners and losers in our society should be.  It is a totalitarian approach to central planning that has got to be making quite a few Obama voters scratch thier heads as they ask themselves, is this really what we voted for?
 
- Mike Silverman, Milford MA
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OBAMA BECOMES DON CORLEONE

The reason some corporate executives are playing both sides of the coin, standing up for Conservative fiscal policy and then bizzarely praising Obama is not hard to figure out. Obama has become a thug. Every bailout has been used by Barney Frank, Nancy Pelosi, Obama, etc..., as extortion for taking control of those businesses. This is almost like loan sharking. It's insidious. It's like some shady guy in a trenchcoat stepping out of a dark alley and whispering in your ear, "hey, buddy, I hear you're having money problems... well... I can help". And you basically sign your life away to him in exchange for financial help. Is this what Obama voters wanted? Is this Hope and Change? Is it the business of our government to be a thug to private businesses and to people who make over 250K? Think about the role reversal that is going on here. The US federal government descends from the people, it is owned and operated by you and me. But, with the current trend, with the outrageous spending and taxing, the elected representatives of the people have taken on a new vision for our government, a vision whereby the body of our government represents our parents, and we are mere children being given an allowance, and being spanked and sent to the stand in corner for daring to question it's authority. You know, everyone saw what happened to "Joe the plumber" when he said he didn't like Obama's plans. No one wants to be attacked by the highest sitting political leader in the world with the resources at his fingertips to litterally destroy a person's life, and Obama and his team has proven they will do so if it means shutting down voices of opposition that might be taken seriously.
 
I've been trying to put this administration and congress into a perspective that boils it down to it's goals and ideology overall. What I observe, is that the leaders in power in our federal government right now have become an adversary of the people, of the foundational documents of our nation, and of the greater vision of our founding fathers. Our government is fighting us. Obama et-al are throwing punches at our way of life, while trying to convince us that every punch we take is good for us, and strengthens us, while the real goal of our adversary is to weaken us , the masses, until we give up and admit we are a defeated bunch of misanthropes. Never, I don't think in all of our history, has such a fluid abomination as the wilful destruction of capitalism and self determination been put forward as it is now. Obama once said "we are the ones we've been waiting for", well, let's modify that to realistically fit his administration. "We have met the enemy, and he is us". That should be the Obama slogan for his administration. He is an enemy of the American way of life. But elections have consequences.  And we now face what the majority elected.
 
We could say that Reagan was an actor who made you believe he was sincere about his view of the country whenever he spoke, and he was... he was always genuine. Obama is not an actor but he puts on an act whenever he speaks, complete with a script and cue cards. He is such a poser as President, he is running the exeuctive branch as if it were a branch of ACORN. I think obama voters are beginning to peer into his mask and see something they don't like. It's stunning how much socialism has been rammed into legislation since he took office. It is overwhelming and it is so destructive that even Obama voters can not help but notice.
 
Just one more thing, I'm all for our political leaders promoting a positive view and inspiring people toward consumption, BUT as I recall McCain was lambasted, broiled, fried, and served up like sushi by Obama, his cronies, and everyone in the media for daring to say that the fundamentals of our economy are sound. Obama recently saying ( paraphrasing...) that we should trust in most our financial institutions and that most have conducted sound fiscal policies and that in some basic ways our economy is okay, sounds STRIKINGLY similar. But he will , of course, get a pass on it that McCain did not. I beleive McCain was actually forced to apologize for his "insensitivity" for remarking on the same thing that Obama basically just said. The difference is, I think McCain really did and does have faith in the strength of the American work ethic, and Obama is just talking to hear himself sound Presidential because many pundits were asking why he doesn't present a more positive and inspirational view for our economy, and he doesn't actually mean a single word of it.
 
Every day I check real estate listings on my local areas to track prices and trends, looking at investment properties. About twice a month for the past 6 months, almost without fail, home owners have been kocking 5 to 10 percent off the price of thier homes in a desperate attempt to sell. A beautiful townhouse across the street from me started off at 289K about 6 months ago, it just sold at 244K. Now here's the thing. There are plenty of people who would have loved to have that house. And it would have sold much sooner and for much closer to the original asking price, if disposable income was in greater command for the consumer. This is not rocket science, really. It's not hard. If .... I know this is a radical thought... but if , instead of baling out banks, all tax paying consumers were given a 20% cut in federal income tax, and capital gains was cut by just 20%, if more disposable assests , more liquid assets were left in the hands of the consumer... buying and selling would skyrocket. There would be a swift correction and markets would rise to new heights. It's so simple. More money in your pocket, more opportunity to buy the things you want and/or need. But we now face massive spending that too many people are just rolling over for. What happened to government taking the burden OFF of people? Cutting the tax burden is such a simple idea, there should be no cloudiness in the minds of the masses, but Obama's administration works to put those clouds up there
 
- Mike Silverman
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REPUBLICANS CAN WIN BACK POWER - STARTING NOW!

 The political party that STOPS the federal government's dangerous slide into the centuries of debilitating debt that this horribly dangerous approach to solving economic problems with various industries is taking, will rise to Power in the next election cycle. The congress has grown into a sickening entity of socialism, resolving to give away hundreds of billions of dollars of "our" money to companies who they randomly decide are worthy of getting our redistributed wealth, and now.. is taking ownership of stock in banks.  Paulson should be fired, forced to resign immediately for abusing the power of the treasury and using billions of taxpayer funds to buy stock in banks, basically committing fraud by using the bailout money for something other than for what it was intended. . Barney Frank and Nancy Pelosi should be the target of a special prosecutor for thier role in stopping reforms that might have prevented the mortgage crisis. The Republicans need to fold thier arms and say NO MORE.  Every Republican Senator, every Republican Representative needs to stand shoulder-to-shoulder and vote no on every spending proposal, every spending bill that is a bailout of any industry, any company. Let the Democrats fall flat on thier faces under the anger of the public as they prepare to give away ever more billions of dollars to any struggling company that can call itself a bank, including GM and now American Express. let's see if the Democrats like Pelosi who are salivating like kids in a candy store at all the money they can now play with because an Obama presidency will rubber stamp thier social agendas have the guts to take the heat all by themselves for subsidizing all these businesses with taxpayer funds.  To every bailout , every giveaway proposal raised by Democrats Republicans should counter with a plan to cut taxes and refuse any plan from the Democrats that calls for using tax money to shore-up weak businesses.

- Mike Silverman

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