Delete comment from: Captain Capitalism
I'm more or less sympathetic with your point, but the cause and effect could easily run the other way - or both ways.
The economy tanking caused Obama to get elected.
It is quite the swindle the Democrats pulled. They drove Fannie Ma to buy sub-prime mortgages. Stopped the Republicans from reigning in Fannie Ma. And then, when the economy tanked, got elected for it.
James
Nov 8, 2008, 7:28:00 PM
Posted to Obama's Effect on the Stock Market