We are in endless evil circle. The stock markets will keep falling because Barack Obama’s polls are rising and Barack Obama’s polls will keep rising because the stock markets are falling? What do we do about this?

From the New York Post

And, as it looks increasingly likely that Barack Obama will be the next president , the markets are casting a vote of “no confidence.”

To be fair, McCain hardly instills confidence among the Wall Streeters . Why has his campaign spent the last week focusing on Obama’s friendship with former terrorist William Ayers – when it should be hitting Obama’s blind loyalty to policies that bring together the worst elements of Herbert Hoover and Jimmy Carter?

Recently, Obama said he wants to expedite loans to small businesses, so he seems to have a clue that they produce much of the country’s job growth. Yet his income-tax hike on upper brackets will hit vast numbers of small businesses – they’d face the highest rates they’ve seen in decades.

Overall, his plan includes some of the most lethal tax increases imaginable, including a jump in the capital-gains rate. He’d expand government spending massively, with everything from new public-works projects to increases in foreign aid to a surge in Afghanistan – plus hand out a token $500 welfare check that he calls a tax cut to everyone else.

This is clearly the wrong way to go in the wake of an economic meltdown – yet Obama, for all his talk of how willing he is to compromise, of how he’d bring people together, is sticking to his tax guns.

But if Obama is rethinking, he’s not saying. As his running mate, Joe Biden tells us that it’s patriotic to pay higher taxes, Obama remains committed to squeezing businesses even if the recession grows.

Related Posts:

Hillary Says: Obama Cannot Win
Support for Barack Obama Falling Away As a Result of Reverend Wright
John McCain Suspends His Campaign For the Sake of the Economy
Joe Biden Points Out Barack Obama’s Inexperience Again
Democrats Roll Dice For Barack Obama