Creative Destruction

I just got back from watching the beginning of the debate. I got sick of it after a while so I went home. It’s clear that we’re doomed. McCain has no chance of winning, and even now Obama will not back away from his threat to raise taxes. Not that I think McCain being elected would have been good for the country either. I reiterate my prediction for a crash the day after the election. I may continue to buy puts on market spikes until then…