Wall Street's Big Concern: Can Ryan Help Romney Win?
Source: CNBC
snip
Chatter around the financial markets Sunday and Monday indicated a dichotomy: Investment pros almost unanimously like the firebrand vice presidential nominee, but they're not as sure that he'll help the Republicans unseat President Obama.
With so much of the Street's money flowing to Romney, the stakes in him getting elected are huge.
"The whole election has been transformed overnight. Instead of focusing on Barack Obama's mediocre performance on the economy, the election now may be a referendum on the Paul Ryan budget," said Greg Valliere, chief political strategist at Potomac Research Group in Washington. "The Paul Ryan budget polls very poorly." snip
"They're fascinated by this," the strategist said of Wall Street chatter over Ryan. "Their view is this is the most brilliant election move ever and will put him over the top, or it will be Palinesque," a reference to 2008 GOP nominee John McCain's ultimately disastrous selection of then-Alaska Gov. Sarah Palin for the No. 2 slot on the ticket.
Read more: http://www.cnbc.com/id/48647271
Referendum on Ryan budget is right. Let the debates begin. Dems need to be careful...many Americans are completely stupid regarding the federal budget, which is understandably difficult and cumbersome. Stick to the basics...Medicare, Soc. Security, Rmoney pays less taxes than YOU due to Wall St. entitlements.
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