Shot Across The Bough

Last night's election was a shot across the bough for Democrats and the Obama Administration. The Republicans took one of the strongest Democratic seats in the Senate. The American people have voted and they are not happy.

The American people are sick of bailouts and money printing and they want to see real financial reform. If the Democrats finally listen to the people it will be good for the country in the long run and lead to a healthier economy. However, in the short run it is likely to slow down the economy and the stock market.

Sticking Martha Stewart in jail won't do the trick this time around. Even if the Democrats continue to be toothless in regards to financial reform, the bulls better hope that the recovery is self sustaining because the Obama Administration's hands are now tied with regards to further bailouts and stimulus.

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