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World Markets Reacting To US Elections (Major Dick)

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   Major Dick -- World News Trust

  Nov. 7, 2006 -- The U.S. Dollar just took a kick to the groin as it punched through the 1.28 USD crossover rate against the Euro.

  GOLD! Is just shy of the 630 USD mark.

  U.S. markets opened UP this morning... but as the exit pollsters begin reporting their findings on the elections and the Republicans become the obvious big losers, you can expect panic selling to begin in certain markets.

  And real estate magnates, Toll Brothers are dropping like a stone this morning. Toll Brothers is the virtual 'canary in the coal mine' real estate developer stock and I'm sure glad I don't own it.

  Sounds to me like the world expects the Corporate American supporters of Bush Co to lose and quite large.

  We can only hope that we'll begin to hear about issues that are important to the bulk of Americans like: Health Care insurance for all, flat tax rates, nationalizing public utilities and penalties for American companies that send their work to overseas outsourcing firms.

  And most of all an end to the War of Terror against Iraq and a grand jury investigation of Bush Co. and his henchmen for starting a war under false pretenses where reportedly 600,000-plus civilians have been murdered in Iraq.

{mos_sb_discuss:2} 

 

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  • Created
    Tuesday, November 07 2006
  • Last modified
    Wednesday, November 06 2013
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