By John Lillpop ——Bio and Archives--March 4, 2009
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"U.S. President Barack Obama said falling share prices may mean bargains for investors with a “long-term perspective.” “What you’re now seeing is profit and earning ratios are starting to get to the point where buying stocks is a potentially good deal, if you’ve got a long-term perspective on it,” Obama said at the White House."Obama's words are just what the crippled stock market needs: Another uninformed guess from a know-nothing amateur whose weasel talk is meaningless at best, downright dangerous at worse. Of course, Obama did offer a few "insider" tips to those alert enough to grasp the moment: He advised investors to sell shares in missile shield manufacturers, and buy shares in the Russian military. Mind you, leaving America's defenses in the hands of Russia in exchange for that nation's throttling of the evil mullahs of Iran will be a hard sell, even in a Marxist-infested Congress. Still, BHO says he is working on it--or will, once the NCAA basketball champion for 2009 is crowned!
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John W. Lillpop is a recovering liberal. “Clean and sober” since 1992 when last he voted for a Democrat. For years, John lived in the San Francisco Bay Area, the very liberal sanctuary city which protects, rather than prosecutes, certain favored criminals. John escaped the Bay Area in May and now lives in Pine Grove California where conservative values are still in vogue.