
Are you kidding me? This jerk wants to raise corporate taxes and capital gains in this envrionment. Suicide for America.
Just saying the stock market is a mechanism that looks forward and prices stocks well in advance of anticipated events.
You can't look at the market and say "oops" there's a recession and then a 2500 point Dow loss because of it." The market discounts it to some extent well before all the official data comes out.
The investors of the US and the world are massively selling off in anticipation of the economic nightmare of a possible Obama victory.
The stock market is betting is that Obama will royally screw up the US and world economies. For example, the corrupt democrat laws that mandate banks to issue worthless mortgages to unqualified borrowers will remain unchanged. The very same corrupt democrats who created the US mortgage/credit crisis will have even more power, should Obama win.
Friday, October 10, 2008
MARKETS SELL-OFF IN ANTICIPATION OF OBAMA, PELOSI, FRANK ADMINISTRATION
Posted by CAPTAIN THURSTON at 5:47 AM
Labels: obama causes sell off. Obama ruins world economy, obama econmic nightmare
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