The Mudcat Café TM
Thread #115250   Message #2478037
Posted By: CarolC
28-Oct-08 - 09:11 AM
Thread Name: BS: Obama is a socialist
Subject: RE: BS: Obama is a socialist
In order for anyone to believe that the market is falling because Obama's doing well in the polls, they have to ignore all of the other factors that have contributed to the total economic situation all over the world right now. Like the housing bubble, and the collapse of the housing bubble, the collapse of the derivatives market, and the collapse of large numbers of banks as a result of these things. I know blaming it on Obama is an attractive idea for people who are heavily invested in getting McCain elected, but it's just a fantasy and will only be bought by people who like to see the world in the simplest of terms.