Saturday, October 11, 2008

Wall Street's Panic is an Obama Presidency

How much of the free-fall on wall street is due to the anticipation of the anti-capitalist government that may take over in January?

From Investor's Business Daily:

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It isn't only that the most anti-capitalist politician ever nominated by a major party is favored to take the White House. It's that he'll also have a filibuster-proof Congress led by politicians who are almost as liberal.

Throw in a media establishment dedicated to the implementation of a liberal agenda, and the smothering of dissent wherever it arises, and it's no wonder panic has set in.

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