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Politics : Ask Michael Burke
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To: Broken_Clock who wrote (114504)7/17/2008 6:56:22 PM
From: Freedom Fighter  Read Replies (1) of 132070
 
We may need that security force after he implements his policies. The dollar is going to fall further because he's going to expand the long term spending obligations and the stock market is going to tank further because he's going to raise taxes on capital. In fact, at least some of what's going on now is a direct result of the high probability of him being elected. Anyone with an IQ higher than a rock is selling some of their marginal equity holdings now before capital gains and other taxes are raised. Anyone with an IQ higher than a bagel is selling the dollar because there's no way he's going to get spending under control.
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