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The markets did not (repeat, DID NOT ) express a sense of relief upon the election of President Obama in early November 2008. What ensued was an economic panic. It was the most rapid and destructive loss of jobs and capital in U.S. history.

I'll go you one further. If you look at the Bureau of Labor & Statistics website you'll see the precise moment when Businesses' across the country realized Obama was going to win the election. That was in September, 2008 when job losses surged to 351,000, then jumped to over 400,000 in October, over 639,000 in November when Obama won.

It's unmistakeable, and it can be tied directly to McCain's mis-steps during the campaign and the election swinging decisively to Obama in Sept of 2008.

And it's not just me, CNN actually reported on the job losses as well.

It's unmistakeable, and it can be tied directly to McCain's mis-steps during the campaign and the election swinging decisively to Obama in Sept of 2008.

Correct..and I've been saying the same thing for 4 years.

The candidate who promised universal healthcare, cap and trade, shutting down the WOT, higher taxes, unionization.

This is why the markets collapsed in the Fall of '08.

Not many realize this, even on FR.