I guess this kills the argument that “Wall Street wanted an Obama presidency...so they crashed the market”.
The economy is a mess...and the market would have dropped regardless who won.
Just wait until the unemployemnt numbers come out later this week....
Fortunately, its hitting now, so that we can all cut down on the amount of cheap chinese crap we buy for Christmas. Let the Comms feel some pain too.
I’m surprised how few people have realized that the credit crisis was engineered by Dems via Barney Frank’s oversight of Fannie and Freddie specifically to make the economy the major election issue instead of security.
This has been in the works since Bush won re-election in 2004.