Well, nasty-boy, I think the market went up and down for the same reasons it has been rollercoastering like a rabid badger with the flue for the last six months. I seriously doubt the drop of one day, a drop completely consistent with the generall trend, was severely influenced by Obama vs. McCain. Nor have you produced any reason for thinking so, or any evidence it was a causative coupling.

Tell me what it is you think the Employee Free Choice Act does? The AFLCIO seems to like it. Wikipedia's article says:

he Employee Free Choice Act (EFCA) is legislation in the United States which aims to "amend the National Labor Relations Act to establish an efficient system to enable employees to form, join, or assist labor organizations, to provide for mandatory injunctions for unfair labor practices during organizing efforts, and for other purposes."[1] Under current labor law, the U.S. National Labor Relations Board will certify a union as the exclusive representative of employees if it is elected by either a majority signature drive, the card check process, or by secret ballot NLRB election, which is held if more than 30% of employees in a bargaining unit sign statements asking for representation by a union. Pursuant to the bill, a union can demand that an employer begin bargaining with it 10 days after the union is certified as the exclusive bargaining representative for an appropriate unit of employees via the card check. [2] In addition, if the union and employer cannot agree upon the terms of a first collective bargaining contract within 90 days, either party can request federal mediation, which could lead to binding arbitration if an agreement still cannot be reached after 30 days of mediation. [3] Where government arbitration determines terms of the agreement, employees would lose their current right to ratify the terms of the agreement. [4] Finally, the Act would provide for liquidated damages of three times back pay if employers were found to have unlawfully terminated pro-union employees. [5] The EFCA also would impose a $20,000.00 penalty upon employers for each employer violation of the proposed legislation if the NLRB and/or a court deems the violation willful or repetitive. [6] [7]

What's the deal from your point of view, then?


A