Poll: Stocks To Plunge!

Most of you who participated in our informal poll say stocks will plunge further before they hit botton.
In fact, nearly a third of you (29%) thinks the Dow Jones will actually go below 4,000 before it hits botton. And two-thirds of you (66%) think stocks will hit 5,500 or lower before they rebound.
We asked: At what point will the stock market hit bottom and begin to rebound? Here are the answers:
6,500 - 17%
6,000 - 13%
5,500 - 17%
5,000 - 11%
4,000 - 9%
Less than 4,000 - 29%
Note: Figures do not total 100 because they are rounded-off.

Obama's Destructive Path

From Doug Ross at directorblue:

Consider that, in the teeth of a devastating recession, Obama has:

• Raised taxes on small businesses, the engines of entrepreneurship and job growth

• Raised the capital gains tax

• Lied about "tax cuts for 95% of Americans", offering instead $13 a week, achieved not through tax cuts, but by changing the federal withholding tables!

• Destroyed charitable giving by axing the tax breaks for 26% of all giving (or $81 billion in 2006)

• Proposed a carbon cap-and-trading scheme designed to punish oil companies and further tax consumers.

Why would Obama inflict these destructive policies while the economy is collapsing? . . .

The only plausible explanation is that Obama's destruction of the economy is intentional.It is based on a failed ideology that has never -- and can never -- succeed.And I'm not the only one who thinks so. Jim Cramer is a long-time investor who's been around the block a few times. He thinks the Obama agenda is crystal clear, stating "...their agenda is destroying the life savings of millions of Americans... we've elected a Leninist."Cramer went on to say that President Obama has caused "the greatest wealth destruction I have seen by a president."So he's got that going for him.Cramer calls it an "assault on the economy" by the President and his cohorts.