Wall Street And Politics
Wall Street And Politics!
I was just reading an article on Yahoo about does it matter who the next President of the United States will be. And for the most part in this article it states that it really doesn’t matter. If you really think about it, how far can the stock market really go down? With everything the Fed is doing right now the chances are we will see a recovery in 2009. Although Wall Street does likes Republican leaders, Demarcates feel stocks do better when they’re in office. Whoever becomes our next President I sure they will get all the credit for the turn around in Wall Street. After all, isn’t that what the President does, takes credit for everything good and passes the blame to others when things go bad.
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November 2nd, 2008 at 6:52 pm
It is the solemn job of politicians to declare their brilliance and leadership when leading their countries to economic prosperity and equally their job to blame global macroeconomic forces beyond their control as being responsible for dragging down their economies from outside. The UK under the “leadership” of Boom/Bust Gordo is a perfect example of this.