The stock markets aren't happy with the election results.

Since I started noticing this issue under Johnson, it's always been the same. When we have a Democratic president, the mass media worries about the deficit. Articles are planted in a continuous rain of handwringing. When we have a Republican president, the mass media doesn't cover the issue. On the rare occasions it's mentioned, we're told that other stats are more important, like deficit as % of GDP.

Clinton bailed out 12 years of irresponsibility, so Republicans thought they could get away with it again for 8 years. But this time they embedded the spending and tax breaks so deeply that in a war environment, Obama is unable to reverse their big spending reputation as Clinton did, when he saved Reagan and Bush from being goats in the history books.

 

It's not my theory. 326 electoral votes say it's what most Americans believe. It's how it will be recorded in history by the world led by China only one generation from now, when I plan on still being alive to see it.

Brian, Bush structurally embedded some giant programs like the 10-year tax cuts for the rich, dictatorship-style Homeland Security, and the 2 big wars plus permanent little wars that the media hides. He doubled the number of intelligence employees in 8 years, so he doubled intelligence spending (from like $300B to like $600B). These are structurally almost impossible to decrease. Remember that when Carter laid off intelligence, they met and got him defeated. (They learned from the Kennedy aftereffects not to kill him.) In 4 years of emergency presidency patching up what Bush did, the leisure to worry about trifles like reversing what Bush did, to save money, hasn't presented itself to Obama with Republicans pulling their immature 40-vote bloc stunts.

 

And what are your excuses? Since you guys caused this. Voters clearly rejected your insinuation that Obama caused these problems. You aren't still hewing to that line, are you? You do know that you guys caused this mess, don't you? Because if you don't, you are isolated against not just the world, but most American voters, too.

 

That's your excuse? You guys better work on it or you're gonna lose a lot of elections.

 

Since the winner of the election; the DOW was 13,245. Now it's 12,917. A drop of 328. If there is that "Fiscal Cliff" and capital gains increases; then expect it to drop BIG. There will be huge "Sell offs" at the end of this year for investors to get their 15% tax on gains.

 

By destroying the country, you guys are destroying your own wealth.

 

Why wouldn't anyone take advantage of a 15% tax hit; rather than a 42% tax hit if you wait another month? Investors will sell off, and that's a guarantee if the gains tax is anywhere over 20%. The same investors will just buy back and take a new strategy after this fiscal cliff. It's just business and the democrats will just have to suck it.

 

Duh. I'm doing the same with my one lucky coin. I don't have as many hills of gold as you. Should have sold in the Summer.