Saturday, October 11, 2008

Why Exactly is the Market so Volatile?

I have some opinions, and have voiced them many times in the past, but when Investor's Business Daily says pretty much the same thing that I have, more important people listen. You should too. Article HERE. (Hat-Tip: Newsbusters)

To summarize the article, the market freefall is caused by none other than the impending election of a socialist president backed by a Congress led by morons.

The businesses that create jobs and generate wealth are already discounting the future based on what they know about Obama's plans to raise income, capital gains, dividend and payroll taxes, and his various other economy-crippling policies. Which helps explain why world stock markets have been so topsy-turvy.

Notice that it says "world markets." Barry Obama is bad for the WORLD. Read it all, please. Your retirement kinda depends on you having this knowledge.

Also, can someone please tell me why everyone is screeching that we are in the worst economic state since the Great Depression? By what measure can anyone possibly utter those words? We are not even experiencing an economy as bad as the one left by Bill Clinton, not to mention the Jimmy Carter era. Please stop saying that ridiculous thing, it makes you look like an idiot, like Barry Obama.

Just so you know, the Dow Ones Industrial Average is now at the point that it was in 2003. The Democrats took less than two years to roll back all of the economic gains that we have made since leaving the slowdown that Bill Clinton caused with the executive orders issued during the last year of his presidency.

Just shut up about the Depression, go back to calling George Bush "Hitler," that is more intelligent.

And can someone please tell me why virtually everything is scrubbed from the internet archive regarding Barry's past and literally nothing is regarding McCain's? Doesn't that kinda throw up some red flags?

Please take the time to comment.