OBAMA'S 2000 POINT TUMBLE
"Forbes' Rich Karlgaard says that it's clear that the markets hate Obamanomics and Obeynomics.
Stocks are down 27% since the Nov. 4th election. Stocks have plummeted more than 40% since Obama sewed up the Democratic nomination in June.
Capital is on strike. And why wouldn’t it be?
Private capital has no idea what future holds in terms of taxes, regulation, trade, deficits and the value of the dollar.
None whatsoever."
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