– Gretchen Carlson: “There’s a lot of feeling in the market not reacting very well to the election of Barack Obama.”It's almost as if Fox News is going out of their way to make people as dumb as possible. I can't imagine how the current President of the United States could not be responsible for the last 8 years. There is no way Bill Clinton would be allowed such leeway if he had given Bush the country in its present condition. Thank God these people will not be running this country anymore come January.
– Fred Barnes: “We have seen the stock market go down over 800 points the last two days. There is great uncertainty out there about [Obama’s] policies.”
– Dick Morris: “Now the other thing that I predicted in “Fleeced” is that the stock market would go crazy after he was elected. Not just because he’s a radical, not just because he’s a Democrat, but because he’s going to raise the capital gains tax. […] Its going to continue to tank.”
*Update:
Fox News brings in right wing nut job Brent Bozell to announce that Obama won by acting like a "Reaganite" and a fiscal conservative. Anyone with half a brain would know that Obama is not a Reaganite and not even close to being considered conservative. Much less, it's ironic that a Republican gets to define to America what fiscally conservative even means since they know nothing about the concept.
In less than two years the Democratic Party has picked up 50 House seats, 12 Senate seats and the presidency. Over the last quarter century Democrats have won the popular vote in 4 of the last 5 presidential elections, that is hardly the formula of a Party the American people have rejected. Quite the opposite actually. Obama clearly ran as a progressive candidate, pledging universal health care and higher taxes for the wealthy and was resoundingly elected by a clear and vibrant majority of American voters, who knew full well that he was neither conservative, center-right or a Reaganite.
All this reminds me of a classic conversation with Jaz over at I-Politico that the Blue Wave in 2006 was actually a victory for conservatism. The updated version of such drastic tire swinging is that the 2008 Democratic landslide is also a victory for conservatism. Only in the Republican Fantasy World could such blatant defeat be a victory.