My 401k is now a 101k. //content.invisioncic.com/y282845/emoticons/laugh.gif.48439b2acf2cfca21620f01e7f77d1e4.gif
As I am in the market for the long haul, I don't really give a crap. It's called dollar cost averaging. I'm still all in and will remain so as my retirement is at least 20 years in the future, if I retire at all. Since I won't be seeing social security or medicare (it will be bankrupt by then - oh, and look up the definition of Ponzi Scheme), I may just continue working.
As for who is to blame, the current President gets the blame when things go to shit and gets the kudos when things are going well. Mr. Fucknut who is currently in the Oval Office is a complete moron and hasn't shown ANY leadership. He still votes "present" and whines and blames everyone except his own inept administration. And he plays the class warfare card constantly and STILL wants to raise taxes and spend even more than he did in the last failed stimulus.
Face it, a majority of the American electorate are ignorant morons. We need two Constitutional amendments due to the fact that the American people are by and large idiots and consistently vote for idiotic moonbats like John Kerry, Barney "Fag" Frank, Chuck Schumer, Nancy Pelosi et el...
1. Balanced Budget Amendment
2. Term Limits Amendment
And we should do for congressmen and senators what we do in my state for our state legislators...pay them $400 a year for the "privilege" of representing the people. We don't have the "hackorama" like the People's Republic of MA and other states.