# OBAMA IS OUR NEXT PRESIDENT

**URL:** <https://forums.speedlife.net/t/obama-is-our-next-president/57637>\
**Category:** NYSpeed Off Topic\
**Created:** [November 4, 2008, 8:05pm UTC](https://forums.speedlife.net/t/obama-is-our-next-president/57637 "2008-11-04T20:05:29Z")\
**Posts on this page:** 1\
**Showing post:** 298

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**Author:** ![rj-92](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/rj-92/32/7310_2.png) [@rj-92](https://forums.speedlife.net/u/rj-92)\
**Post date:** [November 6, 2008, 3:07pm UTC](https://forums.speedlife.net/t/obama-is-our-next-president/57637/298 "2008-11-06T15:07:01Z")

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> [@Janus](#):
>
> be honest… wall st. has been so unbelieveably volitile in the recent few months that it would have dropped no matter what in regards to speculation of the uncertanty of a new president.

ummm no, biggest 2 day drop since 87 and largest post election decline since 1900!

Particularly this one. He’s going to raise capital gains, estate taxes **should** stay ~ 45% After an exemption of $3.5m. He is going to raise corporate taxes dampening dividends an profitability and no one knows what he plansd to do with IRC Section 401 paragraph k.

The market hates uncertainty. And we are certainly in a rather large state of one right now

That’s what I don’t get about all you Obama humpers, no one knows what the fuck he is going to do, yet many of you have already anointed him the best president of the last 100 years and he hasn’t served a single day yet.

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