Did you watch the markets on Monday June 15th? They lost. Why? Because our newly elected 'savior of the world' was talking about government run health care.
The markets know what they like and government health care isn't it.
Who or what are 'the markets' anyway? The markets are big conglomerate businesses that pitch money to and fro with no rhyme or reason, right? Wrong.
The markets are small (and large) investors who put money into companies with the desire to make a profit. That profit is then used to do other things like more investing or purchasing things - thereby stimulating the economy in a real way.
When the markets hear that the government wants a chance to run something that they shouldn't (and are definitely not capable of running) they become afraid. Why? Because they see their hard earned profits going for something other than their desired goals. They see their money being frittered away into la la land never to be seen again.
So you see my friends that 'the markets' are simply you and I telling the rest of the world through our investing what's good for the economy (and our own profits) and what's not.
Mark my words, if we see *any* intrusion into health care greater than exists today, you WILL see your profits shrink.
