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Republican Wins May Make Democrats Cautious on Obama Agenda      6-Nov-09 08:24 am    
After a Democrat election defeat, the Stock market rallies, people rejoicing, and muslim goes on a rampage. America has had enough of the worst president in history:

http://www.bloomberg.com/apps/news?pid=2...

Nov. 5 (Bloomberg) -- Republican victories in the New Jersey and Virginia gubernatorial races may make some congressional Democrats more leery of backing key elements of President Barack Obama’s agenda because of the political price they could pay, analysts said.

Democrats in competitive House districts, many of them already cautious about Obama’s push to overhaul the U.S. health- care system and curb emissions blamed for global warming, might be more resistant to move ahead on the measures and face attacks from a newly energized Republican Party, the analysts said.

The Nov. 3 election results are “a real warning bell for moderate Democrats,” said Tobe Berkovitz, associate professor of communications at Boston University. “They are not going to think twice about their vote on health care. They’re going to think five times.”

David Primo, a political science professor at the University of Rochester in New York, said Democrats in competitive districts may demand more concessions in exchange for their votes on contentious legislation.

The election “may make it harder to swing moderates on the fence in favor of Obama’s proposals, for fear of being made examples in the midterm elections,” Primo said. “The results may increase the price those on the fence charge for their support.”

Market Reaction

A rally in health-care stocks followed the Republican victories. Those equities in the Standard & Poor’s 500 Index rose 1.3 percent yesterday, highest among 10 industries.
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