Scott Brown defeats the Obama socialist Martha Coakley.

Scott Brown won the open Massachusetts Senate seat.

Jim Cramer was elated again yesterday in anticipation that the Obama leftists would be handed a resounding defeat. The market, which rises in anticipation of good news usually declines on the announcement of the good news. The old adage is to buy on rumor and sell on the news.

Hypocrite Obama said last year that those who seek to silence dissent had been defeated but then he immediately tried to silence Americans who disdain communist and socialist demagogues. He proved that the repressors of dissent had in fact just been elected to the executive branch of the American government. He showed now he is deaf to all but the socialist parasites and communist maggots of the left. It took the sight of those maggots for Americans to realize that the Obama's critics had assessed him correctly from the very beginning. He wants to profane American democracy by building a voting plurality from people with no work ethic and potheads in coalition of affluent leftist airheads. Together with Obama they can legally steal from the Americans who still support American liberties, the American work ethic, and English as America's national language.

Even the EU has chosen English as the common language of an integrated Europe. Most of the world has chosen English as the language of Business. But in America the leftist air heads that hated their parents but love their inherited wealth do not have enough smarts to realize that not knowing English is a handicap almost anywhere in the world not just in America. But the leftists who exploit these groups know very well that not knowing English in a business world that speaks English is a major handicap… almost as bad as being a rich air head.

Stalinist and Nationalist Socialist democracies that can deliver the plurality at the voting booth have been a pox on human civilization. Hitler and Stalin won every election and murdered millions of innocents as a result. Husein's last election in Iraq won him 98% of the vote even though our soldiers discovered that he was quietly dissolved his live enemies in vats of acid. Barack Hussein Obama still does not even think or talk like a true American. That is why so many people still think he is an illegal Indonesian Muslim resident.


World Outlook
Two key executives of Baidu, China's corporate version of Google, resigned indicating that Chinese communists were behind the cyber attacks on Google and 30 other major corporations. If the Chinese government had not been behind the attacks the Chinese government would have just put bullets in the heads of the Chinese executives that organized the attacks.

Market Week Reports:
Yesterday
Housing Market Index: Builder confidence in the market for newly built, single-family homes declined another point to 15 in January on continuing concerns about the poor job market and large number of foreclosed homes for sale, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

Citigroup Inc. posted a $7.6 billion net loss in the fourth quarter as its investment bank missed out on the deluge of virtually free money the socialists have been throwing away.
The euro hit five-month lows against both the dollar and sterling on Wednesday as the European currency broke decisively below a key support level.

Wednesday, Jan. 20:
New Housing Starts
Producer Price Index

Thursday, Jan. 21:
Unemployment Claims
Leading Economic Indicators

Friday, Jan. 22:
No reports

Market forces January 20, 2010
Americans are very concerned that Obama and Congress continue to throw money at ACORN, labor unions, state and federal employees, welfare and unemployed while increasing taxes on every organization capable of creating jobs and value. It is time to up the pressure on people finding jobs. It is time to lower the minimum wage. The 60-Minutes show reported on Sunday that the American island of Samoa just lost a critical cannery and may lose it's last cannery due to the minimum wage law. In some places the cost of living is a lot lower and it makes no sense to impose in Samoa the minimum wage required in Boston or Hollywood. But that is what the leftist airheads think is best for Samoa. Americans are concerned the Obama administration incompetence is doing serious damage to the infrastructure of the American Economy by taxing the American work ethic and expanding welfare and unionization featherbedding and favoritism.

Asian markets were down over night; Shanghai down 3%, Hong Kong down 1.8%, India down -0.1%, and Japan down -0.3%.

European markets are down with the average in a range from -0.4% to -0.7% this morning about half way through their day.

US pre-market futures are down at about -0.4% today at 8:00 AM EST. Of course yesterday it was down -0.2% at the start and up 1.2% at the end. American morning futures are not too reliable.