10/9/2008

Thinking out loud
Filed under: Business, Economics, General, Politics — nobrainer @ 11:10 pm

Sometimes human behavior is negatively reinforcing.

So I wonder, as the stock market tanks, and “change” becomes more inevitable (i.e. the non-Republican will win), are people fleeing the market, pushing it down further, in expectation that the next guy will only make things worse?

As I wrote the first two “paragraphs” (they are pretty weak for paragraphs), I was making implications about Obama. Although, now, a few moments later, I realize that I have no faith that McCain would do any better.

ADDENDUM: This morning the Fark Business section links to a USNews blog wondering the same damn thing as me.

collapse Evan Says:

Veto power and political capital are legit indeed, but if there’s going to be real change it has to be much broader than the executive branch. Look at your elected representatives. When a vast majority of the population in a democracy does not support something (like the bailout) and it makes its way through the house and senate, I think that’s pretty good evidence something is kinda fishy. I’d like to just live in a country where my representatives in the government, oh I don’t know, represent the will of their constituents.