Commentary for November 5, 2008

Wednesday, November 5th, 2008

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Good Morning!

Regardless of the which side of the political aisle you reside, we feel confident that a new President, President-Elect Obama, will breathe a breath of fresh air into the United States. This morning, we arise with great hope that the efficiency demonstrated by President-Elect Obama during the campaign can be duplicated in his Presidency. That said, we strongly believe that, due to his intelligence, his vision, his charisma and his apparent ability to bring opposing sides together, President-Elect Obama will transform the economy into the likeness of President Clinton rather than President Carter.

Only in America can an individual rise from modest means to the pinnacle of political power. Most importantly, it is a great day for America. That said, we sincerely hope and also believe that it will ultimately be viewed as a new dawn for our economy, our respect from other nations and our citizens.

Now for the nitty-gritty. The presidential election could not have gone better for your investments. Not only will there be a change at the top, but there will also remain checks and balances from the House of Representatives and Senate. We will watch with great anticipation as President-Elect Obama names his cabinet members, hoping that this will be done in an expeditious, but well thought out manner.

Once again, congratulations to President-Elect Obama. We hope and pray for his success. God bless America!

Dennis Fagan
Chris Fagan

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