Let Me Repeat This…

Categories economics, politics

(a la Joe Biden) let me repeat this: the collapse of the stock market is not due to the bailout per se, but due to the prospect of an Obama presidency coupled with a filibuster-proof Democratic Congress. The better the prospects become of a McCain presidency and/or Republican holds or gains in the Congress, the better the markets will perform. The world markets are following ours. It is all that simple.

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