The global economy refers to the increasing integration of fragmented national markets for goods and services into a single global market. What most Americans fail to understand that because of the ongoing American Presidential election, the world economy is reacting to the possibility that Senator Barack Obama may win and become President of the United States (US)?  Since the American economy needs the world and the world needs the American economy, Wall Street is also reacting to a fear that the Senator from Illinois may become US President. Within the past three weeks, many Americans have seen their investments lose 25-30% of the original value and losing it value for the seventh day in a row. Therefore, Americans should not worry about Obama's capital gains plan since few will have any capital gains profits to report when Obama takes the White House.

In other words, because of Obama's tax plan, the world economy has lost faith in America and Wall Street that influenced all world markets. So don't worry about your recent losses.  Soon you will lose your remaining investments and may never be able to retire since the Federal Government plans will also not be able to support programs like Medicare and Federal retirement plans.

As for Hollywood, in recent decades including Katrina, few Hollywood celebrities have done anything to help the average citizen. Has Hollywood helped anyone that lost their homes recently? These same celebrities have no problem donating $28,500 to Democrats and $2,500 to Obama for one meal as they see average citizens not being able to fill their tanks or purchase food for their loved ones. Celebrities are users in the same way that Obama is with his private vacation on a private jet in a private island while not helping his own brother that lives in a shack back in Kenya. Obama will be another 4 or 8 years of the failed Bush economy since like Bush, Obama went to the same college (i.e., Harvard) and learned the same ethics and business practices that are ruining our nation.