Let me be the first to say this: The world markets have been tanking since Monday and the US futures are down sharply this morning. This is a reaction to the results of South Carolina and the media spin that John McCain has the momentum and is likely to be the Republican nominee.
You'll never hear this in the media, they're too busy propping up McCain and the Democrats. I even heard the news try to pin this on President Bush (of course) and his stimulus plan.
But the plain reality as I see it is if you're concerned about the economy, prospects of a John McCain nomination which would lead to a guaranteed Democrat win in November would make you want to take all your money out of the markets and put it under your mattress too! John McCain doesn't understand the economy, and Hillary + Obama understand it even less.
1 comment:
Jeff -- I love your market/economy posts. Keep them coming! It's so important to point out the woes in the economy would only get worse if a McCain or Democrat (one in the same, really) is elected as President.
Post a Comment