obama wins us presidency, page-82

I spent the last couple of hours reading Obama's policy speeches.

Can't see any of Obama's policies which will stop America sinking further into financial collapse as a result of the Nation drowning in debt it can't pay. And the Top end of Town will be very cautious now.

This looks more like Bush was so unpopular it was a strong protest vote. Change for changes sake. Can't blame people for that but it won't work out. One guy just can't change the collective greed and stupidity of a nation.

Anyway, the little guy is happy tonight. It won't last long and my feeling is that in 4 years Obama will have divided the nation and will be more unpopular than Bush.

I am expecting a short confidence rally until Christmas followed by even worse collapse as the Fed runs out of money.

Still keeping close to cash if possible.

This is a step but not the solution.