Upper level left-wingers are a class unto themselves. It is not that upper-end folsk who will get slammed by the anti-business policies. It is the people starting businesses.

__________________
My good blade carves the casques of men,
My tough lance thrusteth sure,
My strength is as the strength of ten,
Because my heart is pure.

"Sir Galahad," by Alfred, Lord Tennyson (1834)

Which tend to be the upper-level left wingers.

Self-made rich tend to be liberal. It's the ones trying to hold on to their inheritances that end up conservative.

__________________


Question those who think themselves above questioning.

link ?

__________________
Socialism doesn't create a rising tide that lifts all boats. It drains the lake and teaches the boat riders not to help themselves by rowing.

Jesus loves you, allah wants you dead

"Every government interference in the economy consists of giving an unearned benefit, extorted by force, to some men at the expense of others."

Ayn Rand

Except, of course, that we won't. Go ahead and name them, and specify exactly how they are 'opposed to capitalism on ideological grounds'.Except, of course, that no one of any real consequence does oppose capitalism, whether it's 'trendy' to or not.Except, of course, that we're not.

__________________
All things serve The Beam

To Whom It May Concern,

You must have a really strange concept of "a very long time." It opened at 9310 and closed at 8577 on October 15. That is a drop of 733 points. The drop today at close missed that by a good 200 points.

Sincerely Yours,
C. David Neely

__________________

David:

Pramjockey was being ironic.

down 486 today........hummm, some said an obama victory was factored in but a jobs report is due out and it aint gonna be pretty...I predict 8% this time next year....

__________________

"The captain has turned off the `No Dubbing' sign. You are free to speak any language you choose."

I don't see how anyone could equate Obama's election to the economy drop. The Obama campaign pumped over 400 million dollars into the economy and McCain's campaign put in only half that. Clearly this proves that Democratic campaigns are better for the economy than Republican campaigns.

__________________
Is our children learning? -George W. Bush

"I think—tide turning—see, as I remember—I was raised in the desert, but tides kind of—it's easy to see a tide turn—did I say those words?"—Washington, D.C., June 14, 2006

"[T]he illiteracy level of our children are appalling."—Washington, D.C., Jan. 23, 2004

I never made such a claim....

__________________

"The captain has turned off the `No Dubbing' sign. You are free to speak any language you choose."

*chuckle*

Actually, both groups are all over the map.

There are wealthy New England families who are far left in their politics and have been on the cutting edge of whatever was left-wing since the middle of the nineteenth century.

There are newly wealthy people who would rather decide what they will do with their money, and fear the regulations that come with the far left.

So there is no one definition.

__________________
My good blade carves the casques of men,
My tough lance thrusteth sure,
My strength is as the strength of ten,
Because my heart is pure.

"Sir Galahad," by Alfred, Lord Tennyson (1834)

to add a little perspective

even worse than FDR !

The following table shows the percentage rise or decline in the
Dow Jones industrial average .DJI, Standard & Poor's 500 index
.SPX and Nasdaq composite index .IXIC on the day after a U.S
presidential election and who won the Election Day vote.
Year Dow S&P Nasdaq President elect
2008 -5.05 -5.27 -5.53 Barack Obama
2004 +1.01 +1.12 +0.98 George W. Bush
2000 -0.41 -1.58 -5.39 No decision: G.W. Bush v Al Gore*
1996 +1.59 +1.46 +1.34 William Clinton
1992 -0.91 -0.67 +0.16 William Clinton
1988 -0.43 -0.66 -0.29 George H. W. Bush
1984 -0.88 -0.73 -0.32 Ronald Reagan
1980 +1.70 +1.77 +1.49 Ronald Reagan
1976 -0.99 -1.14 -1.12 James Carter
1972 -0.11 -0.55 -0.39 Richard Nixon
1968 +0.34 +0.16 --- Richard Nixon
1964 -0.19 -0.05 --- Lyndon Johnson
1960 +0.77 +0.44 --- John Kennedy
1956 -0.85 -1.03 --- Dwight Eisenhower
1952 +0.40 +0.28 --- Dwight Eisenhower
1948 -3.85 -4.15 --- Harry Truman
1944 -0.27 0.00 --- Franklin Roosevelt
1940 -2.39 -3.14 --- Franklin Roosevelt
1936 +2.26 +1.40 --- Franklin Roosevelt
1932 -4.51 -2.67 --- Franklin Roosevelt
1928 +1.20 +1.77 --- Herbert Hoover
1924 +1.17 --- --- Calvin Coolidge
1920 -0.57 --- --- Warren Harding
1916 -0.35 --- --- Woodrow Wilson
1912 +1.83 --- --- Woodrow Wilson
1908 +2.38 --- --- William Taft
1904 +1.30 --- --- Theodore Roosevelt
1900 +3.33 --- --- William McKinley
1896 +4.54 --- --- William McKinley
* George W. Bush ultimately was determined the winner of the 2000
election.
Source: Reuters EcoWin

__________________
Socialism doesn't create a rising tide that lifts all boats. It drains the lake and teaches the boat riders not to help themselves by rowing.

Jesus loves you, allah wants you dead

"Every government interference in the economy consists of giving an unearned benefit, extorted by force, to some men at the expense of others."

Ayn Rand

That's interesting reading. Thanks

__________________
"Government big enough to supply everything you need is big enough to take everything you have... The course of history shows that as a government grows, liberty decreases."

-Thomas Jefferson

well we are taking the pipe for another 450 so far today, 2 hours till close.

__________________

"The captain has turned off the `No Dubbing' sign. You are free to speak any language you choose."

maybe we should start a forum pool on where the bottom is !

__________________
Socialism doesn't create a rising tide that lifts all boats. It drains the lake and teaches the boat riders not to help themselves by rowing.

Jesus loves you, allah wants you dead

"Every government interference in the economy consists of giving an unearned benefit, extorted by force, to some men at the expense of others."

Ayn Rand

Yes, after today, the message is very clear:

The business community is terrified of an Obama presidency and the far-left congress who will have absolute control.

And if anyone is stupid enough to think that only the "fat cats" will be punished, they are in for a rude shock.

This is the first genuine leftist government since FDR, and it means that the assault on business will continue as long as the left has an absolute stranglehold on the economy.

It is only two days since the election. If Obama and his faux-socialist chums don't say something to calm the markets, we are looking at the deluge.

Business is always the enemy for the radical left. That has not changed.

__________________
My good blade carves the casques of men,
My tough lance thrusteth sure,
My strength is as the strength of ten,
Because my heart is pure.

"Sir Galahad," by Alfred, Lord Tennyson (1834)