Thursday, October 9, 2008

THE OBAMA STOCK MARKET CRASH?

As I write the the stock market has fallen to new lows - this in spite of the huge rescue plan passed by congress and signed by the president. Why is it that the market continues to fall?

Another factor changed about the same time that the measure passed: Barak Obama jumped ahead in the polls.

Ask yourself this question: If Obama is going to be so good for the economy, why is the market in free fall now that he is winning? Could it be that the huge drop in the market is caused by fear that he will be our next president? Shouldn't his lead in the polls result in the market stabilizing?

As I demonstrated in the post "IS BARACK OBAMA A MODERATE OR IS HE A HARD LEFT LIBERAL?" Obama is so far left as to be nearly, if not actually, Socialist in his views. Doesn't it make sense that the prospect of his election would drive down the market?

Think about it!

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