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The financial networks are all saying if the republicans win, the market will go up. I suspect just

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still_one Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-04-10 09:56 AM
Original message
The financial networks are all saying if the republicans win, the market will go up. I suspect just
the opposite will happen. They believe that an impasse in government is good for the market, and historically that seems to be the case

The only problem with that view is if nothing gets done, which I suspect will happen if republicans win one or both houses, the economics situation will NOT get better, but much worse



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OHdem10 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-04-10 10:07 AM
Response to Original message
1. Are they saying the Gambling is back . The market will go up
on a bet rather than having fundamentals on MainStreet.

This is exactly what created the Crisis before.




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Tippy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-04-10 10:29 AM
Response to Original message
2. They are gambling all right
Cheap Debt for Corporations Fails to Spur Economy

http://www.nytimes.com/2010/10/04/business/04borrow.html?pagewanted=1&_r=1

Corporations want a Republican in the WH so bad they will continue this ruse and let all average people fail, our economy should be moving upward but they are sitting on the barrowed money till they get what they want. Greed know no bounds....
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still_one Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-04-10 10:59 AM
Response to Reply #2
3. and that is why I think if the republicans win one or both houses, the financial collapse that was
delayed by the bailout, will occur, and be even worse


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Winterblues Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-04-10 11:00 AM
Response to Original message
4. There is a big difference between THE economic situation and THEIR economic situation.
:shrug:
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the redcoat Donating Member (510 posts) Send PM | Profile | Ignore Mon Oct-04-10 11:02 AM
Response to Reply #4
5. My thoughts exactly.
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Warren Stupidity Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-04-10 11:04 AM
Response to Original message
6. who cares?
oh wait, of course the plutocracy cares.

p.s. the market crashed twice, horrendously, under Bush.
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still_one Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-05-10 01:07 PM
Response to Reply #6
7. funny how that is never mentioned /nt
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