Tuesday, October 14, 2008

Hoping IBD got it right just this once...

Investors' Real Fear: A Socialist Tsunami by Investor's Business Daily

Investor's Business Daily: the source you can turn to for sound investment advice. So long as you have access to a time machine and can travel into the future to read future issues, to take advantage of IBD's 20/20 hindsight.

Like the IBD's (opposite of) prescient analysis of the subprime market-induced credit crisis: blame it on the Democrats' interference with the market beginning with Carter. Too bad their foresight wasn't so hot: their editorial page mentioned the word "subprime" three times in one editorial from '98-'04.

This gem details how Obama desires to implement socialism in the U.S. Please god, let the IBD be right, just this once?

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