Markets and Business Fear Barack Obama
The idea that markets and businesses are fearful of Barack Obama and a Democratic majority is not anecdotal.
These pieces in the New York Post and Investor's Business Daily explain why it is that markets perform poorly ahead of and during interventionist liberal rule.
There is also the more visible story of the Miami Dolphins' owner trying to sell his team before the Democratic taxes kick in.
If you thought your income and capital gains taxes were going to go up soon, wouldn't you cash out, either by selling your stocks or a business? Wouldn't you have to fire employees? Why are people still blind to the inverse relationship between Obama's performance in the polls and market performance?
Posted on Tue, October 28, 2008 at 11:08AM
by
Paul Ibrahim
in Barack Obama, Business, Economy, Financial, Taxes
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1 Comment
Paul Ibrahim
in Barack Obama, Business, Economy, Financial, Taxes
|
1 Comment
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