The Mudcat Café TM
Thread #115883   Message #2486073
Posted By: Sawzaw
05-Nov-08 - 06:36 PM
Thread Name: BS: Popular Views: the Obama Administration
Subject: RE: Popular Views: the Obama Administration
Amos really likes to read his own rhetorical flourishes. All kinds of stuff about one eyed snakes and people in the sunlight. A real wordsmith.

The stock market was going up until he won.

Or in Amos speak, The equities trading market was on an upward incline until such time as it was made clear the the Democratic candidate would be in control of the financial destiny of the citizens of the United States of America. Whereupon they took the President Elect's campaign promise to increase the rate of the capital gains tax which would therefore and thereby reduce the net profits arising from any scant profits that could be realized at this time, and therefore decided to pull the plug on a quantity of their investments thereby causing the equities trading market to redirect itself on a downward incline which, by the end of the trading day following the election, resulted in a 5.05 percentage point reduction of the Dow Jones Industrial average price of equities.