Even if a company is financially sound and they have the numbers to prove it, the market can still snub those strong fundamentals simply because it perceives the economic environment to be unstable or negative. The perception may be unfounded, but it is the reality of the investor.
In the current US markets, the negative perception of the markets is caused by the political situation where Obama has promised much and delivered little. Worse, "his spread the wealth" policies has spooked investors and businesses to expand. Hence it is not just a bad feeling of the capitalists, it is a bad feeling based on real taxes and real regulations. So no one is just getting emotional because people are feeling the pinch when they have to stay late and submit more forms to the government and pay more taxes and fees.
Given all the these, anyone can see that Obama is the problem. His side will deny that and blame Bush or come out with some other spin but, whom are they fooling. Knowing that, we all know what the solution is i.e. simply get rid of Obama and undo his wrongs. People know that and plan to vote him out in 2012.
In my mind, time is money. So, why wait until 2012 and lose more jobs and exaccerbate the situation? A stitch in time saves nine so, why don't we start stitching now? Congress needs to focus on impeaching Obama with anything and everything - from his birth certificate to the impropriety of the loans given to political supporters.
Once he's out, the perception will improve guaranteed - even if Biden takes over. He does not have a Socialist agenda to begin with so, he's not a harmful. Once the perception improves, investors invest, businesses expand and people start spending resulting into increased revenues, profitability and employment.
Let's change the perception now and expel, impeach, arrest or get rid of Obama in one legal way or the other. Now is the time because time is money and money is life. 2012 is too late and those who wait do a disservice to America.
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