Monday, October 23, 2006


Wall Street Hates the GOP, Too.

Wall Streeters may finally be wising up. Over the past decade or so, Wall Street has dutifully lined up behind the GOP, no matter how idiotically they run the country. Hints of Democratic victory send the Dow plummeting.

What to make, then, of the news that the Dow is absolutely skyrocketing right now? It's up 115 points today to another record close. Meanwhile, traders, familiar with how to read a balance sheet, are surely reading the polls which say the Dems are about to sweep back into power. The only conclusion? They've also decided that it's time for the incompetents to take a seat. Give the adults a turn at the helm.

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