Friday, October 24, 2008
THE MARKET IS PANICKING...OVER A LOOMING OBAMA PRESIDENCY
The market is clearly panicking over a possible Obama Presidency. Though Obama is enjoying all the media hype of economic blues, feeding his rise in the polls, I fervently believe Wall Street and the market dislike the possibility of his possible Presidency. He is dangerous for the free market system and will indeed turn away investors and up and coming entrepreneurs who want to jump into the business world. The erratic up and down of the Dow says to me, "No thanks Barack O-Chavez" and I am not the only one who thinks so. Here is an article in the New York Post asserting the same thing...An Obama Panic? Yes there is a panic, and its a big Marxist one.