Wednesday, November 05, 2008

The Reality of Change, part 1

Even though the electorate was happy to chose a socialist as our President, investors who want to maximize returns on their investments will not be so giddy. As the threat of a capital gains tax and income tax increase for the upper middle-class bracket has now become reality, many investors will be looking to liquidate and cash out on their assets before those new rates are even on the table, because by then it will be too late to sell for the best price. This will compound the cyclical low that December selling usually brings. It's going to be a bumpy winter...

When Dreams Become Reality

And with John McCains' concession speech, even before all the polls have been reported in, the 2008 Presidential race has come to an end.

I would have preferred to have elected McCain for many reasons, and I voted accordingly.  That said - the people have spoken, and Barack Obama is now our President.

Congratulations to Obama on becoming the first black President of the United States of America, it is indeed a historical moment. 

I only wish that Dr. King and Rosa Parks would have been able to experience this moment which they made possible.

For Dr. King and his dream, which he pursued with unimaginable patience and endurance and for which he made the ultimate sacrifice, and for Rosa Parks and her exemplary courage in the face of overwhelming and often violent adversity - they are the reasons that tonight is not about partisanship for me, but about the realization of a great dream, pursued by great Americans who believed in freedom and justice for all.

God Bless America, Land of the Free, Home of the Brave.