11/06/2008

Will the Feminazis Keep Summer from Treasury Secretary?

Market: the Obama appointment to Treasury is most likely going to be Larry Summer, the guy the feminazis kicked out of Harvard for daring to be politically incorrect. Are they as powerful in the Democratic party as they are at Harvard? Let's see if they carry their hysterical paranoia into the Congress and do the same now for Summer at Treasury?

This is a post election sell off by people who just didn't believe the polls. The Obama presidency starts off very badly with no bottom in sight. However, the Democrats now know that tax increases are the worst possible cure and Pelosi has told Obama she will reinstate the Bush tax cuts on cap gains; Obama looks like he will appoint Larry Summer (the guy the feminazis tossed out of Harvard; what will they do now?) to Treasury. Bernanke will have to resign in order for him to be replaced; the entire world is on the brink and we better be ready to make big sacrifices for several months. Technically, this market could easily test very old lows at 7200. Below is the Dow Industrial chart.

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