Thursday, October 16, 2008

The "Obama Effect" on our Markets

From Bud Burrell blog

The systematic destruction of small business capital formation has a huge price, which is the elimination of all serious job and new wealth creation. The very same young people who will elect Obama in his scenario are the ones who won't find jobs to pay off their student loans, who will have to live at home for several years or more, who will have to move out of the US for really important jobs, and worse. The same middle class that is suffering now haven't begun to see the real problems they will encounter as they lose jobs in a socialist world, and when they find there is no place to go.

[article]

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