Debate shaping? DOW down over 700 pts. and dropping

http://finance.yahoo.com/q?s=%5EDJI

As of now the Dow has dipped under 700 again, which means that within the last 2 days the Dow has given up almost all the gains they just made on "historical" Monday again.   Clearly, the economy is very sick, the financial markets are in free fall.  This is about as bad as the "black" 777 point drop from a couple of weeks ago.  

A stark reminder what this election is about.  Tonight's debate will have to be about the economy, first and foremost, given the realities we are seeing here once again.  McCain may think bringing up Ayers or Obama's Fannie/Freddie "connections" will score him points, but people are not only sick and tired of such a personal attack posture in "normal" election cycles, but in this cycle they would see it undoubtedly as an attempt to distract from what is really important.  The economy.  

I think McCain will overreach and put the final nail in his coffin in tonight's debate, just so he can fulfill a shallow promise he made that he will go after Obama's character in tonight's debate.      



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Re: Debate shaping? (2.00 / 1)

Where is Indydem99 now?

Let us not deny the fact that our candidate is riding the wave that is actually destroying the American economy. If the Dow goes above 10500 the economy will be off the table as an issue and Sen. Obama could be in a lot of trouble.

According to press reports most Obama advisors were watching the market very nervously it is believed that they prefer the economy and market to be in the doldrums till the Election Day.  

I think it would be a mistake to put all the eggs in one basket and depend on a lousy economy.


by RandyMI on Wed Oct 15, 2008 at 04:22:33 PM EST

Indy? (none / 0)

He's over at NoQuarters or Texas Darlink's HellHoleofstupid.com, getting his talking points for the day...

I'm sure he'll pop up, with a totally new spin on this...


On Nov 4th, Barack Obama officially ends the Southern Strategy....
by WashStateBlue on Wed Oct 15, 2008 at 04:25:46 PM EST
[ Parent ]

Do you lolfed? (none / 0)

in case you weren't paying attention, that euphoric optimism ain't catchin in a depression.

we expect wild ups and downs in a falling market.


yo mir kennen
by RisingTide on Wed Oct 15, 2008 at 04:22:56 PM EST

McCain Has to Look at Future History (none / 0)

The game is almost over for McCain. All McCain can hope for now is that the Bradley effect is still big. He needs to save his reputation so that historians will have a high regard for him by taking the high road in the last weeks of the campaign. He needs to run a positive and high spirited campaign through Election Day.


Dizzy Zzyzzy
by Zzyzzy on Wed Oct 15, 2008 at 04:40:23 PM EST


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