GOP primary votes drive ‘knowledge industry’ shares lower

Traders at the NYSE
(PNS reporting from WALL STREET) The spectacle of enthusiastic GOP voters choosing one pinche pendejo or the other in the Florida primaries sent the widely-watched RIF index lower Tuesday, as investors acted on fears that ignorance was the new black.

The Reading Is Fundamental index tracks firms like academic textbook publishers, for-profit educators and sliderule manufacturers.

The RIF index, which reached its highest level (3,141,592) immediately after the election of then Sen. Barack Obama (D-IL) in November 2008, sunk to a new low of √-1 in after-hours trading.

Mas…GOP primary votes drive ‘knowledge industry’ shares lower