Investors' Real Fear: A Socialist Tsunami

IBD Editorials ^ | October 10, 2008

[bruinbirdman]

"but the majority of small business owners are not rich and they are not making a lot of money."

About a million could do it (the number of millionaire US households is now 9.3 million).

That would open up a lot of opportunities for the other small business owners to slave for Obama.

yitbos

[bruinbirdman]

"opportunities for the other small business owners to slave for Obama."

But not for long. Remember, it is the objective of the socialist to destroy small business. "Everyone must stand in line for sausage at Gums. One store per town is a luxury."

yitbos

[clee1]

There are certain things that I will not tolerate. And I’m not alone.

I'm with you, FRiend. WE are not alone!

[lonevoice]

Investor’s Business Daily has been doing some outstanding editorials lately.

[Pride in the USA]

This article, from a very reputable source, is nothing short of chilling.

[VOA]

Investors' Real Fear: A Socialist Tsunami

Heck, even actor Kelsey Grammer said on Cavuto this week that
he cashed out of the market last summer because:
1. He feared a major market decline
and
2. He decided it was better to pay capital gains tax NOW and
not under the likely next President!!!

[driftless2]

Obama knows as much about basic free-market economics as Lenin and Trotsky. When the Bolsheviks achieved power in 1917, they immediatedly embarked on a plan to reshape Russia in the Marxist mode. After three years of a predictable, resounding, economic disaster, Lenin was forced to implement the NEP or New Economic Policy that allowed a modicum of free trade to occur. It did work to a point (it had to work better than straight Marxism), and Russia was saved from total economic disaster.

Obama is about as smart on economics, although he will have capitalists like Warren Buffet to try to dissuade him from his loonier proposals. How much luck will the Buffets have when you have a egotistical Marxist-minded screwball like Obama running the place? Even after non-conservative Charlie Gibson pointed out to the Anointed One that raising tax rates has the effect of diminishing Obama's beloved tax revenues, Obama was not dissuaded. In short he was going to plow ahead and "level that playing field" as the Marxists like to phrase it. Nothing will stop him.

[upcountryhorseman]

This reminds me of the 1930’s depression, when FDR instituted all those unconstitutional socialist laws
and regulations; incidentally, they didn't work! And
now these idiots are using them again.

[brownsfan]

“That last part is confusing. Do you mean, “McCain is a tepid candidate”? Or do you mean “the right’s support of McCain is tepid”?”

Sorry, you’re right, that was poorly worded. I meant that the support for McCain, by the right is tepid.

[FormerACLUmember]

The investors of the world have zero confidence in Marxist Obama, the vermin democrats in Congress, and the socialist/terrorist/sub-humans/Acorn types who support Obama. Terrified investors are cashing out of the US Stock Market, on the media assertions that Obama is unbeatable.