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  • Hey Shawn,
     
    Do you know who Dick Morris is?  He was part of Bill Clinton's cabinet.  Check out what he says below.. 
     
    Did you know that this economic downturn was predicted back a couple years ago:
     
     
    I have this book.  He predicted the market would crash in September 2008, just by reading advanced market graphs..  He actually predicted the one in 2001 also..  Has nothing to do with "Bush"..  The government (congress) did help to make it worse by allowing people to get mortgages who could not pay for them, which is something that Carter and Clinton put into effect (and the later presidents did not attempt to get rid of, which likely would have been difficult anyways).  This action just helped it to be a worse recession.
     
    They say that the Republican in presidency during the 1930's depression did nothing when the market collapsed..   Which, I believe was a great error..
     
    An even greater error was when the Democrat Franklin D. Roosevelt got in and created the New Deal..  Which many who study this time in history say prolonged the depression.
     
    So, they did in exact opposite order..  The first president should have tried to stop the collapse and the second should have kept his hands off making government programs to fix it..  
     
    That is why it was such a long depression..  The first did nothing to save the banks, industries..  The second tried to put a band aid on something already broken..
     
    I think if Obama gets in, he is going to try to make a "New Deal", as Dick Morris mentions below..  He worked in Bill Clinton's cabinet..   If he does, we will be looking at a very long recession.
     
    Bush was bad in that he increased the size of government (against the wishes of those who put him in power)..  McCain appears to be not much different, however, he is not as radical in governmental programs, etc as Obama..  So, McCain would actually make less of a problem for the economy..
     
    Now if Alan Keyes (who ran against Obama in Illinois) was running for president, I would vote for him before either of these two candidates.  Only problem, he never wins, because he is not popular.. He was demolished by Obama..  Both are black, but Keyes is a geek, too smart, maybe doesn't seem black enough and is way too consevative..  And you know how that goes..  He must be a white man in black skin, because he is conservative.
     
    I would not generally care about such things, however, I don't feel like going through a very long recession and paying more taxes while going through it. 

    People think Obama is the saviour..  Really, I feel sorry for them, as they are truly not looking at the complexities of this and sort of trying to make it black and white..  Really annoying..  Blame the guy in power for all the problems..  It is completely rediculous how often people do not think things through..
     
    It amazes me America has made it this far..  The way people are, voting for the guy who looks best, going off emotion, half facts, etc..  We are likely screwed no matter what..
     
     
    From: Dick Morris <HumanEvents@aaaa.com>
    Subject: If Obama wins, one thing is certain -- for your investments
    To: "NICHOLE W." <optasia_mail@yahoo.com>
    Date: Tuesday, October 28, 2008, 2:12 PM


    Dear NICHOLE,
    If Barack Obama wins this election, one thing is certain... he will preside over the largest expansion of the government's role in the economy since the 1930s.
    This "New New Deal," as some Democrats are already calling it, may well have the same result as the original one: to turn a sharp, painful recession into a long Depression.
    Will that set the stage for a GOP president in 2012 -- the way '70s stagflation under Jimmy Carter set the stage for Ronald Reagan? I doubt it. More likely, Obama will be able to parlay the hard economic times into a second term.
    How? The same way FDR didů by blaming everything that happens on his watch on his predecessors. The worse things get, the more the Obamacrats will blame it on "eight years of Republican deregulation, tax cuts and greed," calling for even more government intervention as the solution.
    And the media, of course, will back them up.
    But believe it or not, I'm not writing to you today to warn of the dangers of an Obama presidency -- I suspect you know them all too well. What I am writing to you about is how to protect your own financial well-being during the hard times to come.
    It's crucial to understand: Hard times for America does not necessarily mean hard times for you. As a very wise investment expert of my acquaintance, Nicholas Vardy, likes to say, "No matter what the state of financial markets, there is always a strategy out there that can make you money."
    The key, Vardy explains, is to recognize opportunities wherever they may be and, more importantly, detach yourself from old themes that are no longer working.
    Vardy himself, an American based in London, is a master at crafting such cutting-edge investment strategies -- which he then passes on to subscribers to his Global Stock Investor investment newsletter.
    So, for instance, back in mid-2007 Vardy was months ahead of the curve in spotting the coming boom in "soft" (agricultural) commodities -- recommending stocks like Canadian fertilizer giant Potash, which shot up quickly in price before coming back down to earth, by which time his subscribers had safely banked profits of 82% in just over three months time.
    And that's nothing compared to the magic Vardy performed for his subscribers during the week of October 6-10, now on record as the worst in Wall Street history.
    Consider this: During that five-day trading period, which wiped out some $2.4 trillion in shareholder wealth, Vardy's Global Stock Investor portfolio finished the week in the black.
    Compared to the -17% decline in the Dow, that's incredible.
    How does Nicholas Vardy do it? If I knew, I'd be in his business, not mine. But I'm sure those countless hours he spends sharing investment ideas with Europe's top money managers has something to do with it -- not to mention his graduate degrees from Stanford and Harvard.
    Don't get me wrong: Nicholas Vardy is no elitist snob. Though he makes his "real" money managing money for a few wealthy clients, he also likes to "spread the wealth" -- not through higher taxes (sorry, Obama), but by helping people like you and me make profitable investments.
    Full disclosure: I receive a percentage of each subscription sold, but even if I didn't, I'd want you to know about this amazing service. Nicholas' advice is rock solid. You'll thank me later.
    Let's face it, the next few years will be tough ones for America, no matter who wins the presidency. But, to repeat, they don't have to be tough ones for you -- if you follow the brilliant investment strategies in Nicholas Vardy's Global Stock Investor. I urge you to give it a try.
    Sincerely,
    Dick Morris
    P.S. Right now, for a limited time, you can get a full year of Nicholas Vardy's Global Stock Investor for about the cost of a mid-priced dinner for two. Of course, with all the great investment tips you'll be getting, you'll be able to afford lots of dinners -- high-priced ones at that. Click here to protect your wealth now.








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