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To: Cold Heat

Look at the market. I cannot imagine that Wall Street will go for Obama when he has promised he will increase Capital Gains taxes to 30% from the current 10%.

Either that, or most investors are not yet aware of what Obama is or will do if he gets elected.

Imagine a 30% Capital Gains tax and what THAT will do to the future of the market?


191 posted on 10/07/2008 8:12:03 AM PDT by PSYCHO-FREEP (Sara Palin; The Orca in a bay of Democrat Belugas!)
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To: PSYCHO-FREEP
The Street, or the market makers as they term themselves are indeed aware of Obama's intentions, however........they are largely of Democrat registration and are not conservatives anymore. There are a few remaining tokens but they generally vote to the left.

They think that Obama is making these claims to solidify the left as Clinton did, and they figure he will face reality when he takes office, as Clinton did.....

What they missed is that Obama is the left. If anything, he panders to the right.

We know this, but they don't or are not sure. They will break heavily for Obama in the end, unless something changes IMO.

192 posted on 10/07/2008 8:23:47 AM PDT by Cold Heat (Well....................................That's .....that.........)
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