A businessman finally dissents. Amen, Mr. Asness.

Obama thinks this is going to cow the business population so that they will go along with his socialist agenda. He’s probably right; business leaders have been pretty spineless through all this.

Yet, the business population and the investor population aren’t identical. Investors aren’t cowed, they’re scared shitless – presumably Obama isn’t going to gut everybody’s shareholder value, but where will the messiah’s finger next point? I’d say you’d have to be nuts to have money in health care, real estate, or transportation stocks these days. In any sector Obama thinks could do with some updating, shareholders are going to be running for the hills.