The market is a forward looking indicator and it is predicting absolute doom, if Obama gets elected.
If governement does take over production, stocks will be worthless - that is what the market is fearing.
well we also have this major hole in the economy as everyone thought freddie was a risk free investment.
Obama revealed again tonight how much he hates de-regulation of our economic machinery.
His jackboots will bring absolute ruination once they push heavier taxes onto American businesses everywhere.
Obama = Economic Destruction
How many people here on FR believe that the 800 Billion dollars is going to go to rich "Wall Street Fat Cats"? It isn't. It never was. It was a loan designed to shore up the stability of the banking system and to protect the customers of the banks.
But the media framed the discussion so well that even conservatives believed it, and now a healthy economy that includes a measure of risk is considered a bad thing, and socialism is what we're all going to get instead.