As the stock market soars past its previous records (Obama: worse socialist ever), ThinkProgress shows a whole bunch of conservative financial types during last year’s campaign declaring that if Obama won reelection, the markets would tank because of his terrible socialist policies. Here’s Stuart Varney of Fox Business:
But that’s just the usual crap about the Democrats being bad for business and Republicans being good for it (being good for the bottom line of some rich people and corporations is not the same as being good for business and the economy). The real fun comes with all the crazy predictions that will never turn out to be true from the serious wingnuts. I actually have in mind another book to do after I finish the one I’m working on, about the paranoid right’s terrible track record of predicting the future.