Take Care Attributing Market Moves
Your editorial " A Barack Market" (Nov. 13) is on the mark. When a president-elect cannot say, in a bear market and a with recession on the horizon, whether he and his party will or will not raise any taxes it is at best an indicator that he has no knowledge or appreciation of capitalism and the markets, or at worst a cynical attempt to further weaken the public's confidence in both.</br></br>Barack Obama and the Democrats will be unable to contain their pent-up desire to spend money on union bailouts (i.e., automobile companies) and other favored constituents, pay off MoveOn.org, Code Pink and all the other various groups that helped them get elected and raise taxes on the evil rich.</br></br>Stephen J. McCann</br></br>Salisbury, Md.</br></br>---