If you’ve been reading the news lately, you probably noticed the serious possibility that President Bush’s closest political aide, Karl Rove, Vice-President Cheney’s chief of staff, Lewis Libby, and even the Vice-President himself, may be forced to resign momentarily and face criminal charges for their roles in concocting phoney stories to drum up an excuse for invading Iraq and then outing a CIA operative, because they were pissed at her husband for failing to support their lies (or something like that), a whole crazy swirl of madness that has implicated the nation’s top leaders in so much sleaze and deceit that any remaining shreds of credibility that this administration clung to are being flushed down the crapper.
So, how will it play on Wall Street? If they empty the White House and send the liars and crooks off to the Big House, will the markets take a tumble? Is this a time for caution with ones investments?
I figure it would end the economic stagnancy that’s been going on since the White House was first occupied by these crooks, and the bull market will return.