Are the markets are waiting to find out who wins the election?
Will trust return if the voters go... for Obama? Republican?
Me, I can't wait for the election to be over. But I'm totally looking forward to the final debate (we're doing another debate party at the Hillside Club, Wednesday 5:30PM, $5) and I'm totally looking forward to the W movie that opens on October 17 (next Friday).
Thinking about a blogger's event for election returns on November 4. A newsroom where 20 bloggers report on the returns in real time, Hypercamp-like.
After November 4, the credit markets will unfreeze, all people who were laid off will be re-hired. The stock market will soar to 20,000. Housing prices resume their march to the sky, home owners once again can borrow against the soaring value of their homes. Massive amounts of oil will be discovered in the middle of the Nevada desert, and scientists at Cal will find a way to convert carbon dioxide into gasoline so we won't even need to tap our newfound reserve. President Obama takes office and announces he's eliminated taxes and retired the national debt, and we all can work three-day weeks. A new drug is discovered that reverses the aging process. Microsoft relents and buys Yahoo at $200 per share.