It still suprizes me with all this new 'news' surrfacing and people are still hanging on to obama ..

I understand McCain is not the greatest but is surely the lesser of two evils

Originally posted by Gateway
I would argue that the market would also have a difficult time with Mcain at the helm as well, maybe not as much as Obama, but Mcain's policies are hardly Pro-markets either.

You could be right.

Although I don't think there is any denying that the markets are more afraid of Obama's proposed raise in Capital Gains and Corporate taxes.

It's the details that get you with Obama's plans.

So much for all the smack talk that claims the media is left-leaning.

I think the market is still revolving around the mess created by the current administration.

Remember Bush's remark that Wall St. "got drunk"?

The question that should be asked is"Who gave them the alcohol?". The democrats have control of the senate.

Originally posted by Fuzzy Wabbit
I think the market is still revolving around the mess created by the current administration.

This mess was not created by the current administration. I won't derail my own thread explaining that to you, but you could use the search feature.

Not quite.

I'd argue we haven't really had any real "conservative" republican policies.

Just liberal policies implemented by a Republican President.

This has to be one of the silliest things that I ever heard.

The markets have been tanking every since the bailout and the government introduced panic into the markets.

It has nothing to do with Obama policies and Bush policies have us in a 10 TRILLION DOLLAR DEBT!!

Bush didn't pay for anything and he borrowed and spent us into oblivion.

The republican policies don't make any sense. They seem to cut taxes and grow government which increases the debt which is just using your children and grandchildrens future work like a credit card.

If John McCain wants to stay in Iraq, which is costing 10 billion a month that we have to borrow and he's going to pay for the programs he wants, how is he going to pay for it?

If he's not going to raise taxes on somebody so that we can start paying our bills, where will he get the money?

He will try to borrow more but we are about tapped out. We have a 10 trillion dollar debt in a 13 trillion dollar economy.

Reply to Gateway

You are correct. I noted there is always a variance of uncertainty in election years regarding the markets. Out with the old and in with the new, so to speak. The way it seems to work is that there is a scramble - those who will figure out the best way to deal with the new administration will prosper. Those who don't wont. The current situation is more of a reflection of the last eight years. To even suggest that this recession has anything to do with Obama to me is out in left field, imo.

ColoradoJens

Originally posted by Wise Dome
It has nothing to do with Obama policies

Really?

Did you read the article I linked to?

It looks to me like plenty of people in the market are worried about an Obama Presidency.