DOW drops today....again...GOP castrated.

[LeftHander]

Like I said yesterday...the reason behind the profit taking ans sell off is because the capitalists are moving money to safer investments.

The republicans have lost control and are now admitted obstructionists. Lobbyists who fattened clients from years of Republican rule are now seeing doors closed to them.

Legislation that would of benefited investments are no longer possible for many of these lobbyists.

Thus the sell off. I predict it will continue next week. No terribly serious but what is important to recognize is that change is coming. Investing is all about risk management. The uber-rich manage risk by getting their way in Washington. The republicans were more than happy to enable that. Not any more.

Look at the Child Healthcare legislation...the GOP is fighting it tooth, fat and claw. Simply because they can do nothing else.

They hate it. They hate the fact that they can no longer send any crazy bill to the President and get it signed with no questions asked. They hate it that they can't gladhand the lobbyists, backslap each other on golf trips and junkets. They hate it that now they are forced to play the bawling toddler whose toys were taken away.

Sucks to be them...and it is only going to get worse for them too. I guess that is one ray of hope we can bask in.

[butterfly77]

1. Just think of the things that would be going on ..

besides this if,the Dems wouldn't have won more seats.

[Old and In the Way]

2. This comment is worth a post in and of itself.

What would be happening now if Republicans had managed to maintain control of the Senate and the House? I suspect we'd be in a near state of martial law. The clear majority in this country would ready to revolt.