Thursday, November 09, 2006

the Day After

Does an object in motion stay in motion perhaps or will the Democratic victory bring big changes and derail both the economy and the early stages of this new bull market? The Wall Street wisdom seems to be that grid lock is good, but with such a bunch of whimpy republicans willing to bend over for any body maybe voters have inadvertently created a very activist environment for government intervention in the economy. This would present a significant set back for investors and businesses. This could postpone the current market rally much later in the future. Only time will tell ,talk is just to cheap in DC. I don’t buy any of the analysis; voters seemed to be more interested in punishing Republicans for not acting like Republicans than anything else, that means spending to much money, not securing boarders and too much pussy footing around and apologizing for instead of seriously fighting terror.

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