Sadly, the answer is still in their playbook:
Bush’s Fault!
(It’s not accurate at this point, but America will buy it.)
Of course, no one mentions that in June the market was up to 13,000, where it had been pre-9/11. It has been falling steadily since Zero’s nomination, then election and finally, coronation.
Maybe Wall Street doesn’t want to trust Zero and his band of tax cheats with the nationalizing of the banks, especially when you consider Wall Street KNOWS where the real problems lay and that DC isn’t doing squat to fix them.
Not for long. There was little hardship before this year, but there will be lots of it on O’s watch, I’m afraid.
Bush’s Fault!
(It’s not accurate at this point, but America will buy it.)
It started going down the day BO got elected and has continued. Everyone knows he is not friendly to business.