Quote:
Originally Posted by Minte
I have no idea what you are talking about. The market dropped 324 points today.
I was in a small plane flying to and from Saginaw Mi. I thought the market drop was funny. The BIG money people( I am not a part of that group) decided to send Obama a reminder.. The man that has the gold, makes the rules.
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I find it hard to believe that business people are this short sighted -- the president changes every four years like clockwork. Something is ALWAYS changing yet business people are holding back on investment because they want 'stability'? I find that to be incredibly short sighted.
I was recently at a speech by a local small(-ish) businessman and he pointed out that he'd been in business for 50 years and tried to grow his business every year no matter what while administrations have come and gone.
Minte - how long have you been running your thing and how long do you plan to? Certainly more than 4 years. So how can you let something as short a a presidential administration dictate your plans?
You say you aren't going to make investments for 4 years, who are you punishing besides yourself? I respect you as a businessman but your widget factory doesn't make you John Galt.