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Market's Selloff Was About
Obama, Not About Europe

Investor's Business Daily, by Editorial

Original Article

Posted By:earlybird, 11/8/2012 11:04:11 PM

Economy: "Obama Re-election Not To Blame (For) Stock Market Collapse" insisted one headline after Wednesday's 313-point drop, the year's biggest. Whew! For a second there, we were really worried. Here we thought the return of the most anti-business, anti-capitalist, anti-entrepreneur, anti-growth president in the nation's history might influence post-election trading. But no, according to the Huffington Post. We had just fallen in with "a bunch of angry Wall Streeters who unsuccessfully sunk (sic) millions into defeating Obama."

      


Post Reply  

Reply 1 - Posted by: steveW, 11/9/2012 12:47:25 AM     (No. 9001404)

Each vote for Obama was a vote to devalue the worth of your - yes you - assets, or have them "redistributed" (= confiscated under the disguise of "fairness"). In other words, revenge. Those who don't view the election as a personal attack on them by the Democrats, should.

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Reply 2 - Posted by: jl80863, 11/9/2012 1:33:43 AM     (No. 9001426)

Our long national nightmare has begun again. We are America not obama.

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Reply 3 - Posted by: pineledger, 11/9/2012 3:37:44 AM     (No. 9001489)

It definitely was about Obama.

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Reply 4 - Posted by: Spidey, 11/9/2012 4:52:53 AM     (No. 9001520)

Obama shot all his economic bullets at buying the election. $6 trillion in new debt plus whatever Bernake threw in on the side.He simply can't get his hands on enough money to fulfill an 'equality" based society.

With countless more jobs disappearing because of Obamacare,revenues are going to drop like a rock.

People were too stupid or misinformed about the upcoming calamity and voted on personality and race instead.

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