For weeks now the US and World economy has been heading down a whirlpool in the toilet. The US stock market started loosing by as much as 700 plus points per day. At around the same time Barack Obama has made some significant gains in the polls. When the government took measures to correct the situation the market took a sharp turn around and started heading back up. Obama still gained in the polls showing more and more his socialist stand. The market started to tank again is still tanking.
Could it be that the business community and individual investors see a black cloud of Socialism looming over the horizon? Could it be that they see a climate of big government nationalizing private business? Could that be the reason why no one wants to invest in a system that will be run by Big Brother government? Our legislators keep pointing fingers on big business as the bad guys but the banks and insurance companies have been working under the pressure of the legislators to do what has caused this mess. My 401K plan is now worth less then what was put into it. Forget about any interest. If Barack Obama gets elected, we are in for some very bad times both domestically and world wide.
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