Flying Low

Actually, I think--and more importantly, my broker thinks--that the prospect of an Obama administration is one factor that has contributed to the sharp decline of the stock market in recent months. Obama wants to increase taxes on capital gains and dividends, which will instantly reduce the value of every company in America and drive more jobs overseas. And that's before we even get to "windfall" profits, increased regulation, empowerment of union thugs, higher tariffs and reduced trade, and so on.

A brand new Socialist, Muslim-friendly, anti-Israeli POTUS...whoopee!