I TOLD YOU SO

As I predicted, the stock market started another tumble Wednesday, and is continuing to slide today. The world didn't want to listen, although myself and thousands of others warned what was going to happen. Of course we will have to wait until Osama takes office for the international crisis Joe Biden promised would occur, and which the Obama heads ignored because they wanted "goodies." But there won't be any goodies. Sucker. The economy is going to go so far in the tank there won't be any money to tax. And then you can reflect on your voting decision when you're losing weight not because you are on a diet, but because you have no money, no food, and no job. Where's your check from Obama going to be THEN? You Obama heads are the biggest SUCKERS on earth.

Yesterday the stock market had its BIGGEST POST ELECTION SLIDE IN HISTORY, 5.05% lost in one day! SECOND PLACE was 1948 when Harry Truman was elected, and that was 4.15%. Why is the stock market falling? And why will it continue to slide? It's SIMPLE:

The price of a stock depends on expectations of what a company's earnings will be. The promise of government mandated health care, and the promise of increased taxes("spread the wealth") have guaranteed that companies will be less profitable, and therefore their stocks, across the board, are worth less as a result.

Osama also promises capital gains tax increases. That means IF you make money in the stock market, Osama wants a larger piece of it. But what if you LOSE on a stock? Is the government going to share in the loss? No, only gains. So investors are now more reluctant to buy anything but the most promising stocks because, even if they DO make a profit, Osama is going to take more and more of it from them. It' s kinda hard to "spread the wealth" when those who have money to invest would rather hold on to their money than invest it.

History has shown TIME AND AGAIN, that when taxes are lower, revenues from taxes increase. When you raise taxes, investment is discouraged, and the government actually receives LESS in revenue. This is something the Democrats have NEVER understood. So now, we all get to pay the price because they have lost the ability to grasp basic economic principles.

Practice your gardening skills, people. This Christmas season is going to be a retail nightmare, and around the first of the year you will see stores closing everywhere, and malls having less and less tenants. Why? Because the Obama heads thought that "spreading the wealth" had a chance of working. It didn't. But you wouldn't listen.

I predict that right after the International Crisis, your utility bill will start skyrocketing as Osama makes good on his PROMISE to have your utility bill "skyrocket." If you don't know what I am talking about, blame the media. And blame yourself for not caring enough to be informed.

UPDATE: On top of yesterday's 5.05% loss, we just lost another 4.85% today. That's 9.90% in two days. And ya heard it here first . . . tomorrow it's going in the tank again, further. The Stock Market is all about ocnsumer confidence, and about future expectations . . . so what does that tell you about future expectations? It tells you just what the election told you: People don't think the private sector is the answer . . . they think the Messiah is just going to wave his hand and magically make everything better. Let me know how that works out for ya, Obamaheads!