Vol. 22, No. 5,514 - The American Reporter - September 7, 2016

by Mark Scheinbaum
American Reporter Correspondent
Albuquerque, N.M.
October 26, 2008
Market Mover

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ALBERQUERQUE, N.M., Oct. 26, 2008 -- I 've visited North and South Florida and North and Central New Mexico in recent days, and the political temperature 10 days before the Presidential election is elevated by the teeter-totter of global recession.

So, in the worst journalistic tradition of election prognostication, I want to do my part to save ink, re-plates of newspapers, and valuable staff time, by giving the national media a head start on their Wednesday, Nov. 5th newscasts.


American voters elected Illinois Democratic Sen. Barack Obama president of the United States yesterday by a comfortable but not landslide margin which affirmed the juggernaut which systematically knocked off primary opponents in his own party and put to rest the issue of whether racism would block a black candidate's road to victory.

A coalition of motivated young voters, volunteers, and liberal activists, also sent a message to the Republican Party that it takes more than a war hero in the Senate such as defeated John McCain or Bob Dole before him, and flag-waving to win a modern cyber-age campaign.

Internationally reaction was reflected in the "ka-ching" of equity markets skyrocketing up 15 to 20 per cent in early Asian and European trading - a powerful vote of confidence for a new era of U.S. leadership. Etc. ... .


Touting his steadfast patriotic American loyalty and personal hardships, Arizona Sen.John McCain upset many experts and scored stunning victories from coast to coast to win election last night as the next President of the United States.

Exit polls indicated that his gambit to place Alaska Gov. cum hockey-mom Sarah Palin on his ticket scored big electoral points with women, blue collar workers, and voters who claimed they were color blind, but in the privacy of their voting booths voted against African American Demcoratic candidate Barack Obama. Columnist and conservative commentator Pat Buchanan synthesized many stunned "main stream" analysts on CNN last night noting, "millions of excited and teary eyed young folks didn't help Eugene McCarthy, Mondale, Dukakis, or even Adlai Stevenson. America loves mainstream. Maybe black folks are mainstream NBA and NFL but not in politics." CBS-TV exit polls showed that Hispanic population centers in California, Texas, Florida, Nevada, and new Mexico voted 3-to-1 against Obama, and the Associated Press early today reported former POW and self-described GOP "maverick" McCain carried every state except Massachusetts, Minnesota, Illinois, and Delaware. The pre-dawn McCain victory count in Electoral votes coincided with the opening of European stock markets. The three main Euro indices - the DAX in Frankfurt, CAC-40 in Paris and Financial Times 100 Index in London - all halted trading for one hour at the opening due to sell order imbalances and "limit down" futures trading.

"Another Republican in the White House now sets the concrete on recession or worse," one City of London broker told Reuters.

Etc. ... .

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