InvestorsHub Logo
Followers 3
Posts 446
Boards Moderated 0
Alias Born 08/26/2001

Re: teapeebubbles post# 377016

Sunday, 10/12/2008 6:54:48 AM

Sunday, October 12, 2008 6:54:48 AM

Post# of 495952
Here's a new ploy: Investor's Business Daily, the house organ of the Neocons, is now claiming that the financial markets have sold off due to fears about an Obama presidency.
Fox News has picked this up and is running with it, along with Huckabee claiming that "terrorists" might behind the stock market selloff. No surprise there. What they will never say, however, is that historically U.S. financial markets have performed better under Democratic presidents than Republican presidents. This has been documented in detail in the Stock Trader’s Almanac, among other places.

Naomi Klein nails all of this in "The Shock Doctrine, The Rise of Disaster Capitalism". A great book.
http://www.naomiklein.org/shock-doctrine

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.