Democrats Viewed as Better to Fix Economy

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http://politicalwire.com/archives/2009/03/03/democrats_viewed_as_better_to_fix_economy.html
A preview of the latest Wall Street Journal/NBC News poll: By a 48% to 20% margin, Americans believe the Democratic Party would do a better job of getting the U.S. out of recession than the Republican Party. When this same question was asked back in 1990, the public was essentially split.
The full poll should by out at 6:30 pm ET.


From NBC's Mark Murray
http://firstread.msnbc.msn.com/archive/2009/03/03/1818512.aspx
Here's one set of numbers we're releasing before the entire NBC/WSJ poll comes out at 6:30 pm ET: By a 48-20 percent margin, Americans believe the Democratic Party would do a better job of getting the U.S. out of recession than the Republican Party.

When this same question was asked back in 1990, the public was essentially split. In an October 1990 poll, 36 percent said Republicans would do a better job, versus 31 percent who picked the Democrats. And in December of that year, an equal number -- 33 percent -- sided with the Democrats and Republicans.

[Beavker]

1. The only problem is that the folks on Wall Street

are mostly GOP members. They don't like anything coming out of Washington because it hurts them personally, and their clients, who despite my tiny 401K are generally much richer, accredited investors and firms. They just need to find something bad and they and the rest of the folks on the floor will boo and sell in unison. Like sheep. Rich Sheep. Unfortunately, they are pulling the 'Wool' over they eye of the economy and 'fleecing' the coffers of their companies in doing so.

Even if we cut unemployment, foreclosures cease, and home values go up, they could still sell off based on speculation that it will go down again because it's the stimulus bill propping them up. And though the facts are as they are, and the drop out after the stimulus wears off has not happened yet, the market can STILL GO DOWN. One thing can drop the stock of a thriving company on speculation of a small group of wealthy people, which in turn can make the entire sector go down, and drive down the entire index. Thus...the market is tanking! Armageddon!

Even when Obama's plan did what it was supposed to do.

[PM Martin]

2. As I see it, Wall Street and their international counterparts

in London, Berlin, Paris, Sydney, and Tokyo, are demanding that Obama/Brown/Merkel/Sarkozy/Rudd do as
they (the "bankers") want or else they will deliberately trash the stock markets.
The government needs to intervene and take control of the big banks. They need to re-regulate the financial markets too.