Thursday, November 06, 2008

Obama's victory causes 2nd Day Stockmarket Plunge?

For the second day in a row after the election of Senator Obama to President, the Dow Jones Industrial Average dived yet again by over 400 points.
On Election day the DJIA closed at 9625.28
The day after Senator Obama's election, 9139.27
Thursday it closed at 8695.79

Have investors decided to look elsewhere for safe investments, instead of risk a greater profit in the market that will simply be taxed in order to 'spread the wealth around'?

Obama has officially chosen Congressman Rahm Emanuel as his chief of staff of his Presidency. Emanuel is a key ally of the extremist gun ban group the Brady Campaign.

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