October 23, 2008

Boortz on Cavuto Talking Obama & Wall Street (VIDEO)

by MsUnderestimated — Categories: 2008 Campaign, Class Warfare, Neal Boortz, Obama, Telling It Like it Is, Video — Tags: , , , , — 3 Comments

Today on Neil Cavuto, Neal Boortz was on with his opinion that the stock market and Wall Street are reacting to the possibility of this country possibly electing a socialist president.

I have been thinking this for a long time, and finally someone’s saying it.

RSS feed for comments on this post | TrackBack URL | Leave a comment
  • Redstate

    No doubt that Boortz is correct. Right now is the best time to buy stocks, you know – buy low sell high. But knowing that if the socialist party is elected capital gians taxes will double is enough to keep investers away. I'm not buying for that reason. Also the best hope for the housing market is for investors to purchase all of these forclosed homes, fix them up and sell them for a profit. That will not happen if investers are punished with a 30% tax capital gains tax. So you know that forclosed home on your street that is dragging down the value fo your home? Get used to it becasue it's not going anywhere if Obama gets elected.

    It's simple, don't tax risk, or the risk takers will sit on the side lines.

  • Redstate

    No doubt that Boortz is correct. Right now is the best time to buy stocks, you know – buy low sell high. But knowing that if the socialist party is elected capital gians taxes will double is enough to keep investers away. I'm not buying for that reason. Also the best hope for the housing market is for investors to purchase all of these forclosed homes, fix them up and sell them for a profit. That will not happen if investers are punished with a 30% tax capital gains tax. So you know that forclosed home on your street that is dragging down the value fo your home? Get used to it becasue it's not going anywhere if Obama gets elected.

    It's simple, don't tax risk, or the risk takers will sit on the side lines.

  • Redstate

    No doubt that Boortz is correct. Right now is the best time to buy stocks, you know – buy low sell high. But knowing that if the socialist party is elected capital gians taxes will double is enough to keep investers away. I'm not buying for that reason. Also the best hope for the housing market is for investors to purchase all of these forclosed homes, fix them up and sell them for a profit. That will not happen if investers are punished with a 30% tax capital gains tax. So you know that forclosed home on your street that is dragging down the value fo your home? Get used to it becasue it's not going anywhere if Obama gets elected.

    It's simple, don't tax risk, or the risk takers will sit on the side lines.

© 2012 MsUnderestimated All rights reserved - Wallow theme v0.46.5 by ([][]) TwoBeers - Powered by WordPress - Have fun!