How About This For A Conspiracy Theory?
It makes sense that big (huge) money has an interest in getting the worst president elected because very deep pockets benefit from a relatively sudden and dramatic drop in the market, like 4,000 or 6,000 Dow points in a few months. They can plan for it and go short. Then, they also benefit from the gradual move up, as many others work to fix things and get the economy back in order. A few years later, let's do it again, get the right guy to send the market real low real fast, and so on and so forth.
What's the alternative from their perspective? Slow growth or sideways movement for many years? Where's the fun in that? How do we get the cash register to ring a lot? My guess is that many of those guys consider slow/regular growth unacceptable.
By this token, it tehrefore makes sense that Buffet, Soros et al put Obama in charge -- the worse for the economy (most clueless) the better...
It makes sense that big (huge) money has an interest in getting the worst president elected because very deep pockets benefit from a relatively sudden and dramatic drop in the market, like 4,000 or 6,000 Dow points in a few months. They can plan for it and go short. Then, they also benefit from the gradual move up, as many others work to fix things and get the economy back in order. A few years later, let's do it again, get the right guy to send the market real low real fast, and so on and so forth.
What's the alternative from their perspective? Slow growth or sideways movement for many years? Where's the fun in that? How do we get the cash register to ring a lot? My guess is that many of those guys consider slow/regular growth unacceptable.
By this token, it tehrefore makes sense that Buffet, Soros et al put Obama in charge -- the worse for the economy (most clueless) the better...