Diary

Not Rolling Out The Red Carpet

You can compare here how Wall Street greeted the election of Barack Obama versus how it has greeted the election of past Presidents. Of course, there is a lot on Wall Street’s mind so it is not fair to state that this is solely a reaction to Obama’s election.

But it is evidence that after the creation of Obama’s Messianic image, that image has nowhere to go but down. And when it does, people will conceive of Barack Obama as just another politician.