WE keep hearing that there is a crisis of confidence that is causing the stock market to drop.  DUHHHH!!  When Tweedledum and Tweedledee and Chicken Little are all crying that the sky is falling, of course there is a crisis of confidence.  It is a manufactured crisis, as I have been saying all along.  And not it is no longer a phony crisis, because the panic created by the Terrible B's (Bush, Bernanke and Baldy) is really and truly affecting the easily panicked; e.g. Wall Street-o-philes.

I predict that confidence will return when Obama is elected.  If McaCain is elected, the markets will continue to flounder because, by his own admission, McCain knows nothing about economics.

We have a President that has squandered the confidence of the entire world that American has so painfully acquired.  His own personal credibility if zero.  Until we have a President that the world--not just the U.S.--can believe, we will continue to suffer economically.

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