Krissrock

as these greedy investors attempt to recoup the money plus some... i think things are going to get worst for all of us if something isn't done. Right now with the markets fallin, the cost of living is coming down, which is as result of the fact that **** was getting so expensive anyway. So once things stabilize, i think companies will be looking to get everything back and some, asap.
Housing on the other, i think ppl will continue to try to flip houses cause the values have come down...That's not gonna help.

revisiTTed

Yes, our economy WILL rebound, and yes people are suffering, but America will not see the likes of the Great Depression again. It won't happen! The housing market will come back up in the first quarter of 2009. At that time I'm investing in stocks and plan to reap a hefty sum. I just believe confidently that all will be ok. And I think this is the attitude that many Americans need to latch onto. The media is making people scared. Yes, that is right, people are being swayed by images on TV and print. Nothing new. Just don't look at the paper and focus on stockbrokers with the head in hands pose. It's a bunch of crap. This is exactly what sells papers. I quit subscribing to the daily paper. I'll flip through some headline news, but rather quickly go to sections that are enjoyable to read and cause me no stress.

revisiTTed

Seems to me like the music in 2008 just sucks. Granted there is some good stuff, but...remember the 60's, 70's, and 80's where some really good Rock and Roll came about? Ok, some of that creativity was drug induced, but for the most part it was because some real serious issues at hand forced creative musical minds to come forth with some great poetry/music. It's kind of like great Blues musicians. They went through hard times and let all of that despair come out through their music. At least I am hoping that some great music is on the horizon. We need it! Some of today's artists need to take a plunge like the stock market is.

AxeYrCat

<img src="http://superpoop.com/100808/imaginary-money.jpg">

Lowcountry

Because if the socialist candidate gets elected, he will DOUBLE capital gains tax (which is already shamefully high). It'll cost you 47% of whatever you sell off just for selling it. Don't worry, though. He'll give that money to people more deserving of having it. You know, those that the man has been keeping down for so long. That's what will obviously save the country.

DumpTTruck

I'll be moving a bunch of RSP money to american indexes soon. Buy,buy,buy!

revisiTTed

in the settlment of my father's estate. I was completely crushed by that news.

TTschwing

<ul><li><a href="https://forums.audiworld.com/tt/msgs/1611320.phtml">https://forums.audiworld.com/tt/msgs/1611320.phtml</a</li></ul>

AxeYrCat

"[K]eep in mind on all of these proposals, what I have said is, let's make sure that we define the well-off so that we're not hitting the middle class. I generally define well-off as people who are making $250,000 a year or more, and that means, for example, if we raise the capital gains tax, I would exempt people who are essentially small investors, and really capture the -- those who have done very, very well over the last two decades."

willywoody

of course trust no promises.

ABC News' Teddy Davis, Arnab Datta, and Rigel Anderson Report: Sen. Barack Obama's, D-Ill., top economic advisors announced on Thursday that he is seeking to raise the capital gains tax rate from 15 percent to 20 percent for those Americans making more than $250,000 per year.

"The top capital-gains rate for families making more than $250,000 would return to 20% -- the lowest rate that existed in the 1990s and the rate President Bush proposed in his 2001 tax cut. A 20% rate is almost a third lower than the rate President Reagan set in 1986," wrote Obama advisors Jason Furman and Austan Goolsbee in Thursday's Wall Street Journal.