Among the numberless misconceptions about the coming election is this
notion that Bush would be "better for Wall Street."
NOTHING COULD BE FURTHER FROM THE TRUTH!
If Bush is re-elected, ON THAT DISMAL MORNING AFTER, it is very
likely the markets could crash;
As foreigners flee the prospect of "four more years" of Dubya's
kooky "morals and values."
BUSH HAS BEEN A TOTAL FISCAL DISASTER.
BUT NOT WITHOUT THE INVALUABLE ASSISTANCE OF MR. G's": "DEMENTED
ECONOMICS OF PERPETUAL BUBBLEMANIA;"
There are a lot of reasons for dispair, or worse, if
Bush is re-elected!
Kerry, on the other hand, would be a "fresh start," and a more
responsible keeper of the public fisc.
Indeed, tax and spend is probably better than the Bushie's TAX-CUT
AND SPEND longer term.
AND FRANKLY, I THINK THAT "THE BIG ONE" IS GOING TO HIT SOMETIME IN
THE NEXT FOUR YEARS.
AND BY THAT, I MEAN THE FINAL AWFUL RECONCILIATION OF OUR "TWIN
DEFICITS." IT MIGHT ALREADY BE STARTING IN THE OIL PITS!
SOMETHING WILL "HAPPEN" ON THE TRADE DEFICIT IN THE NEXT FOUR YEARS
TO BE SURE.....
IT'S JUST WAY, WAY, WAY OUT OF CONTROL NOW. AND THE WORLD OF GLOBAL
FINANCE WILL DEMAND SOME COHERANT ANSWERS, SOON.
Of course, Dubya is not real keen on giving answers that pass
muster with the international community. Alas, Dubya hates having to
pass a "global test."
But;
Four more years of LOOT, POLLUTE AND SCOOT is just a non-starter for
the US economy.
It's so hard to "go it alone" and be a"unilateralist" when you're
dependant on the "kindness of strangers" to finance your spending!
Very likely Wall Street will be screaming "STELLA......!" DURING W's
second term......but alas, too little and much too late.
THE UTTER AND CONPLETE DISPARE AND GLOOM THAT WILL SHROUD ANY SECOND
BUSH TERM IS REASON ENOUGH TO VOTE FOR KERRY.....
AND I SENSE THAT MANY WALL STREET TYPES AND "THE RICH" SEE THIS
COMING.
MANY OF THE USUAL SUSPECTS, WHO ARE MEDIA APOLOGISTS FOR "THE RICH"
SEEM TO HAVE DOUBTS TOO.....
Eg; Mr. Kristol, Geo Will and others seem less than enthused about a
Bush re-election LATELY; even occasionally mentioning "other"
arguments than those listed in the official Bushie "talking points."
And, why not?
Surely having literate grown ups back in charge, albiet "bi-coastal
liberal grownups," is better than the raving religious right, who see
economics as a "moral issue."
My sense is that the whole world will be WAITING TO EXHALE after this
election:
A KERRY WIN WILL BE A BOON TO THE MARKETS AND A BIG DECEMBER AND
JANUARY RALLY WILL FOLLOW.....after a few of the less intelligent
Wall Streeters have things "explained" to them,.....ie NO MORE
LOOTING IS A "GOOD THING!"
A BUSH WIN, ON THE OTHER HAND, WILL PLUNGE THE GLOBAL ECONOMY INTO
DOUBT AND DISPARE ALMOST IMMEDIATELY.
THE DOLLAR COULD FINALLY "CORRECT." GOD HELP US ALL!
AND, OIL COULD SPIKE MIGHTILY, ON THE PROSPECT OF A BUSHIAN "PERMA-
WAR" IN THE MIDDLE EAST.
EVEN AS DUBYA BLINDLY FOLLOWS THE LEAD OF THE ISRAELI RIGHT-WING, AND
THE "WEST BANK CRAZIES," INTO SOME DOOMSDAY SCENARIO ABOUT
ESTABLISHING A "BIBLICAL ISRAEL" ON THE WEST BANK, AND OTHER SUCH
DANGEROUS NONSENSE.
FURTHERMORE, BUSH HAS ABSOLUTELY NOTHING TO OFFER THE MARKETS THAT
HASN'T BEEN OFFERED BEFORE.
MORE LOOT AND SCOOT! OK. BUT HOW HIGH THE DOW ON THAT PALE
PROMISE......ESPECIALLY WHEN REAL PROBLEMS, IGNORED FOR SO LONG, NOW
LOOM LARGER THAN EVER.....?
Know this: The markets will crash, almost immediately, if Bush is re-
elected.
And, the markets will rally if Kerry is put in office.
So, choose wisely;
Even if your are "rich" already and want to stay that way.
And especially if you want to be rich, someday........
The market is like a chess game...those who don't think several
moves ahead will surely loose!
