PatriotsReign

You need to think your comment through more carefully. The VAST majority of Americans "gamble" with their 401k's.

Why?

Because corporations no longer wanted to fund pensions, profit sharing and retirement benefits so they created the 401k.

We don't have a gambling problem, we have a Casino problem. If we had better options, most of us wouldn't be gambling with our life savings...ya know what I'm sayn?.

Brock Samson

I remember when people where predicting that the Dow would never see 10,000 after Obama was elected in 2008 and boy, were they wrong. The fact is that Obama and Romney are barely different at all in terms of their economic policies other than a few, largely irrelevant rhetorical points: they are both avowed capitalists and American exceptionalists. Also, over time if you look at Wall Street's reaction to the election of Democratic or Republican presidents you'll see little to no difference.

ExiledBostonPat

The gamblers aren't the worst, its the poliscumbags in Congress that decided to bail the gamblers (Goldman, JP Morgan ea) out in 2008 (indirectly) under the pretext of 'collapse if we do not' which was total BS.

But like I mentioned elsewhere, I stopped caring when I finally figured out 'they' don't give a lemons peel about you or me. Let the system crash under the weight of debt, liabilities and derivatives (which it will).

I thought it was unsustainable under GW Bozo and it is still unsustainable (and no better) under BH Obozo.

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Los Angeles Jets. Its the merciful thing to do.

Brock Samson

Both parties are pretty much bought and paid for. So, yup.