You Were On My Mind - Wall Street

I read this 3 page article in Reuters this morning which made my heart just a little bit lighter. I welcome anything that helps relieve the agony of these past months/years..... excerpt: Wall Street puts its money behind Obama
By Emily Kaiser - Analysis WASHINGTON (Reuters) - Wall Street is putting its money behind Democrat Barack Obama for president, despite worries that his administration would raise taxes and take a tougher line on trade and regulation. The signs Wall Street reads point to Democrats prevailing in the November presidential and general election as voters punish the incumbent Republican Party for a flagging economy and lengthy Iraq war. And the fact that Obama began raking in a bigger share of the cash as his campaign picked up steam suggests that investors simply want to back the eventual winner.
I can remember to past presidential elections...and the mood of the country both before and after. I remember being terribly let down repeatedly when my candidate failed to be elected and believe it or not there were long voting lines then also. I don't remember ever reading about Wall Street's reactions...but hey I didn't have 401K's back then either! What you say?
"You were on my mind" - 1965 Video it's Happy! Enjoy!

Comments

Wall Street

Oddly enough, Wall Street didn't rush to back Bush Jr. The Business Roundtable have been fairly critical of his administration. But you wouldn't know that from the press that makes Bush out as if he's some sort of champion of capitalism when in fact his administration has been anything but.

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