Why Wall Street Should Not Support Bush's Reelection

I don't know what is more predictable -- Rush Limbaugh's support of the right or the progressive and liberal media's criticism of George W. Bush.

I am slightly surprised at the growing number of fiscal professionals who are not just wary of President Bush, but totally convinced that he is a pretender to the Republican throne.

Take Seth Glickenhaus, the proprietor of Glickenhaus & Co., the $1 billion Manhattan money managment firm. "Bush has been worse than zero as a president," he said in a June 7, 2004 interview in Barron's. "He is bush-league. No 1, he got us into a war and spent billions of dollars, dollars unfortunaely which don't have any positive offset in better housing, schools and infrastructure."

While Glickenhaus considers Kerry "a mediocrity," he warns against the message reelecting Bush will send. "If Bush get re-elected, he will see it as a total affirmation of all his policies, and the eficits will grow."