The economic news just keeps getting worse daily it seems.

Today alone, the following:

The stock market–the Dow Jones to be exact–plunged faster than a penny off the roof of the Empire State Building.

The Dow reached its lowest level in about two years, down almost 360 points!

Oil futures kept climbing, now passing the $140 a barrel mark.

Shares  of General Motors are trading at their lowest level now since 1955.

Bank of America says it will soon eliminate more than 7 thousand jobs.

Shall I go on?

McCain’s defeat

It would seem pretty obvious that people who are hurting financially  will probably blame, at least in part, the Bush administration and that is bound to rub off in a bad way on John McCain.

I haven’t seen one respected economist as yet predict the economy will return to “normal” anytime soon.

So, it appears as if this presidential election is strictly Barack Obama’s to loose.