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stocks are in the shitter because everone is worried about what is happening / will happen in Iraq
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the markets are responding well to GWB's re-election
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"The year following an election almost always sees the economy slow as the fiscal party turns into a fiscal hangover," Rosenberg said.
Pointing out that government spending over the past four years has erased the U.S. budget surplus, Rosenberg elaborated that the Bush Administration now has little maneuvering room to stimulate the economy.
"Fiscal flexibility is as close to zero as possible in terms of trying to reinvigorate the economy," he said.
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http://www.globalresearch.ca/articles/ENG407A.html
hope they can keep up the facade over the next year..maybe this wont happen,now