Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: MJ who wrote (56192)	11/30/2008 9:17:12 AM
From: Bearcatbob	5 Recommendations Read Replies (1) of 224749

MJ, What we have seen is a relief rally. By that I mean we have seen that Obama might be too smart to actually try to implement the stupid things he campaigned on. Seeing that hope is a good reason for the market to rally. My fear is the appointments to come - in particular - who will head the EPA and other such agencies. The threat of a Carbon Tax will have a different impact on the market. I suspect on Carbon his looney left base will not tolerate any moderation. So - yes - I think the recent rally is due to Obama showing sanity. We will see if it lasts. Perhaps more interesting will be the reaction of his base going forward. Bob

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