by Jack Lee
One of the great balancers for good government is not found in the Constitution, nor is it even a federal branch. It is Wall Street. No President in our nation’s history has ever strayed too far in the pursuit of his grandiose plans without severe consequences from the stock market. This powerful entity may have been an unexpected check and balance to our government, but a check and balance it certainly is and one of the greatest and most immediate in magnitude. Case in point, the mere threat hint of Hillary Healthcare plan sent stocks tumbling 300 points recently. According to some pundents, if the Democrats gain control of the Presidency we are facing a potential 2 trillion dollar addition to the federal deficit. If you think Hillary-Care upset the DOW, just wait till the whole plan is dumped on us.
The President sets the agenda, Congress passes the laws and Wall Street tell them both if it was worth doing! It’s a great system when things are working in harmony!