The Obama - Clinton Disaster Message Board

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Politics : The Obama - Clinton Disaster

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To: GROUND ZERO™ who wrote (2081)	11/24/2008 11:55:51 AM
From: DuckTapeSunroof	Read Replies (1) of 103300

Re: "It could have been mere coincidence." Sure. But highly UNLIKELY. As the word of Obama's appointment to the Treasury came across the tickers in the New York Stock Exchange you could instantly (that very second) see the huge inflow of buy orders. Markets hate uncertainty, and this new Treasury Secretary represents not only ability and brains (head of the most financially-oriented Federal Reserve Bank, the New York Fed), but he has ALSO been working day-to-day with Paulson... so he represents continuity and certainty (and also financial 'conservatism') to the financial community. A very PRAGMATIC and appropriate (considering the circumstances we find ourselves in) selection.

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