Insana:"Markets factoring in bad news for Bush in Novemember"!!!

[ItsMyParty]

Did any of you see the interview with Ron Insana (the financial 'big boy' on CNBC--the financial network) by MSNBC at mid day when the pathetic job numbers came out and the market was plunging?? They put him on in desperation to make sense of all this bad economic news. He went through a number of things and then he said something "off the cuff" at the end.

He said (paraphrasing) that " ..and others say that the markets are now factoring in bad news for Bush in November"!!! In other words, even the money people who play the market, the corporations, the rich, those who follow the economics of this nation, are now feeling Bush is toast in November. Just an added note: I wanted to shout: Why would that suppress the markets?? It's Bush's stirring up of the terrorists that has caused oil prices to skyrocket. It's Bush's mouth screaming "the terrorists are coming" that has suppressed the markets. It's Bush's frontal attack on middle class Americans while shoveling the "goodies" to the rich that has caused Americans to shut their pocketbooks. You would think the investors would be elated that Bush was on the way out. Or in another way of putting it: REMEMBER the money you made when Clinton was president!!! ...assholes.

[peacetalksforall]

1. Perfectly stated.

kick

[ItsMyParty]

2. Hey guys, the fat cats are starting to think Bush is history.......n/t

[Zynx]

4. This is true

My father (investment banking business) was told by a major investment kingpin (cannot say which, but certainly not a heart-before-head type) that his(kingpin's) company was factoring in a 53-47% Kerry win in November.

Once again, this is a guy who while being a Democrat would make Darth Vader look compassionate and caring. He's making a big bet that Bush is gonna take it in the shorts.

[wrate]

5. The rich only care about one thing: tax cuts. Busch gave them that. n/t

[iconoclastic cat]

3. Thanks for posting this!

That news is a very good indication that Bush is history. The rats are putting on their little life preservers and lots of shark repellent.

[Bernardo de La Paz]

6. The markets fear a September Surprise