[rabscuttle385]

For economic libertarians already skeptical about his pro-growth bona fides, McCain's selection of an unknown when it comes to policy for the nation's second highest office is evidence that he'll say and do anything to get elected; his true views to be determined.

So basically...McCain is still McCain?

[jerry557]

Market is being effected mainly right now by speculation that the jobs report is going to be bad. And retailers are reporting that “back-to-school” sales were sluggish this year.

[goldstategop]

If they want a tax and spend socialist, they have no right to complain about confiscatory taxes and oppressive regulation in the future.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

[JennysCool]

Err, dude, you’re posting an article from last Friday.

Lots has happened since then.

Check your calendar.

[a_chronic_whiner]

yawn. nothing to see here.

[eclecticEel]

Wow, just wow.

When I heard a news report earlier today that the markets were a little down I jokingly thought some idjet was going to rush out and blame Palin for it - then I dismissed the idea as absurd, no one is that blatantly and illogically partisan. Unfortunately, I was wrong on that score.

[rabscuttle385]

Ping! Give this article a look over. The author is somewhat long-winded and disorganized but makes some good points. Since Palin is not your average Beltway insider (unlike McCain, Obama, and Biden), there are a lot of unknowns, and it's hard to fill in the blanks with all the spin and disinformation flying around. Hopefully things will become clearer as the dust settles.

[JennysCool]

Oops. My mistake!

I’m ahead of my time.

Gotta get that calendar fixed!

[FocusNexus]

What happened to IBD?

They used to have such sensible editorials, now they are competing with the stupidity and bias of the MSM.

[stripes1776]

a looming electoral contest between a tax-hiking Democrat versus a nominally pro-growth Republican surely weighs heavily on market psyche. It says here that the markets concluded that whatever John McCain's true economic views, he has handed the election to the anti-growth candidate with his selection of Palin.

Rather than asking the markets, has it ever occurred to anyone to actually ask the people who are making the trades why they are selling or buying?

[mbraynard]

Dumbest analysis ever. Right up there with Astrology and palm reading.

[TheWasteLand]

In putting Sarah Palin potentially one heartbeat from the presidency, John McCain has for all his great service to this country shown an impressive disrespect for the same country's highest office with this cynical gimmick.

For a second, I thought I was reading Daily Kos. What is this crap?

[AlexW]

While I was never a big fan of McCain, this article is stupid.
Crying morons.

[ari-freedom]

“If with the vice presidency in mind Palin will countenance marriage by her daughter to someone who’s merely “in a relationship” but states flatly, “I don’t want kids,” how can we trust her to rationally choose a future Fed chairman, Treasury secretary or with sound mind decide whether or not we should send troops to Georgia?”

wow this guy has some serious issues

[FredZarguna]

What C-R-A-P.

Read the entire article and it's clear that the author has no proof to tie market decisions to Palin, at all. Zero. He clearly despises Palin and the headline is a lame attempt to provide objectivity to what is nothing more than a nasty little rant.

So basically ... the author is a jackass?

If we're concerned about the effect of poor decision making on markets, then what we need are criminal penalties for Fed board members who recklessly shoot their stupid mouths off with no regard for the consequences, one of which is to knock tens of thousands of dollars off my 401-K in a single day.

[montag813]

Every economic report since last week has been very bad. Also the technical chart setups were rolling over as well.

[FocusNexus]

Brutal selloff on Wall Street

http://money.cnn.com/2008/09/04/markets/markets_newyork/index.htm

Dow loses 345 points as mixed retail sales reports, weak job market news and an oil price slide magnify fears about a global slowdown.

The market is looking out and trying to discount six months from now, but all the same issues are still there,” he said. “And now there’s more of a realization that global growth has slowed. That’s become a front-burner issue.”

Stocks were mixed Wednesday as falling oil prices, a sluggish economic reading from the Federal Reserve and weak sales reports from many automakers added to recession fears. Such concerns were magnified Thursday by the retail sales reports and economic news.

[ICE-FLYER]

What a jacked-up foolish assumption. No vice presidential pick has such an effect. This is garbage.

It would be the first time business actually says that taxing them is better than not.

[Nathan Zachary]

"Alongside last Friday's announcement that Alaska Gov. Sarah Palin would be John McCain's running mate, the Dow Jones industrial average fell 170 points. Stocks have shown weakness ever since."

What nonsense. McCains VP choice has nothing to do with the markets, which have been falling due mostly to rapid decline in oil prices which is effecting all markets. There is huge artificial downward pressure on commodity prices by the 'feed the poor people UN powers that be, and the drop in oil prices is causing pressure to lower the commodity market prices.

If anything, McCain/Palin is a stabilizing force, at least there is hope for a future US government that won't destroy the economy like a Democrat Obama one most certainly will.

[library user]

The writer is a known doom-and-gloomer.

[Halgr]

jtamny@realclearmarkets.com