Where is Obama

Today we had another 445 point drop on the big board to 7552. That is a drop of 2073 points since the election of Barack Obama, or 21.5%. There hasn't been a lack of confidence in the market in the aftermath of an election like this since WWII. Investors are nervous about the tax promises of the president-elect and they are pulling their money out of the market. I have said it before, and so have countless economists, which I am not, you don't raise taxes, or promise to raise taxes in a down economy.

President-elect Barack Obama has chosen the worst time to disappear. I didn't think he would ever decline face time with his fan club the mainstream media. There is a direct link between the drop in the market and the election. If Wallstreet were excited about the Obama economic plan, the numbers would be going through the roof and not at 5 year lows.

Someone needs to put an APB out for the president-elect and get him in front of a news camera so he can assure the American investors that he will hold off his tax proposals until the economy gets back on its feet, otherwise "change" will be all that is left in your retirement account.