Obama looks at business as an evil corrupt greedy entity that steals from poor people. He has the mentality of a union organizer that is going to kick businesses ass to get what he wants. In his view business has to pay for its greedy crimes against the people.

GM is Obama’s I whupped’um and they ain’t getting back up case. Obama is using GM as an example to other large businesses that stand in his way. Wagner was just a pawn in game that Obama is trying to win. He intends to tax these “rich giants” to feed his socialism. By doing this he sees himself as a “Lincoln of the people” who is going to tax the hell out of the “rich boys” to give back to the “average Joe.”

Next are the multinational corporations who have become prosperous by using affective marketing to the rest of the world. Obama plans to tax these companies to death and set them up as examples of bastards who don’t create jobs in the U.S. and are evil greedy companies who leave their money in foreign countries so it can’t be taxed here.

“Dam Healthcare” will soon be shouted from Obama’s lips are he tackles the next business giant. The slogan “time to socialize” slogan will be shouted from the roof tops as he maligns healthcare and tells them they will be swallowed up in the government. He plans to increase the federal governments spending to the breaking point to pass out “free” healthcare.

Any American business that stands in Obama’s way will get crushed. He will go far beyond the constitution to win his “civil business war”. Soon we will become sick of the media circus that daily bashes another segment of business as stupid. He plans to “edumacate” us on how evil American business has become.

Obama’s stupidity will be his undoing. While he shouts “Create jobs….Create jobs…” he is intimidating the very people he should be placating. These are the people who can create jobs and bring about a speedy recovery. By injecting massive amounts of fear in Americas business leaders he will prolong this recession through out most of his first term in office.

AGM:   EXACTLY!!   It's always a good idea to put corporate america out of business, who needs them, plus people don't need jobs.   Where do we sign up for welfare and food stamps?    I figure I've paid into it for over 30 years, should have plenty of money built up  in my personal welfare account.

wse - do you still have the same convictions regarding a close above 86 for  SPY ? Support at the trend at each pullback .. volume not great but holding steady

Thanks .. emce