I’ve posted Entry #92 to my weekly Investing: The New Rules column at the Death by 1,000 Papercuts site. It’s called Are Conservatives Better Off If the Next Crash Comes Before the Election or After?
Juicy Excerpt: I worry about what will happen to the Republican Party’s brand if we see another crash shortly after the inauguration of a Republican president, especially if the Republican president ends up being one who can be easily portrayed as an advocate of the rich and the well-connected. A 65 percent price drop could effectively render the new President a lame duck two or three months into his presidency. And Obama and the Democrats would effectively be taken off the hook for their failure to overcome the crisis during Obama’s presidency. It’s hard to imagine a worse outcome in political terms for conservatives.