Sanity has finally taken hold in the stock market. This country is being
governed by a hard core leftist. Obama views government as the vehicle of
choice to "spread the wealth". Regulations are seen as creating jobs by
making industry adhere to some fantasy goals to save mother earth. The head
of the EPA thinks she is creating employment by her many government edicts.
With such people in charge all profits/income are at risk of being taxed/
confiscated.
Is it any wonder that this benighted land is showing little or no growth.
That stagflation looks to be a real possibility.
We have "primed the pump" with trillions of dollars all to no avail. John
Maynard Keynes and Paul Krugman have been proven to be economic idiots they
always were.
By raising a billion dollar war chest Obama might be re elected and will
continue his war on the evil rich aka the productive of this land for
another four years. The stock market is only reflecting the sad reality of
our situation.
