At 9:40 DOW is down 205.
$447 billion in more stupid programs not ringing well with Wall Street? Gee, there is a surprise.
IMHO this has little or nothing to do with 0bama. This is almost all Europe, and Europe is in some very, very serious doodoo.
***Republicans control the House and many of them oppose any new spending. ***
Maybe because they realize that it’s crushing regulations and the prospects of expensive litigation for any idiotic reason is at the root of the problem.
Fixing those things doesn’t cost a whole lot of money.
Folks, the financial markets were down in Asia, Europe and have opened down in the USA this morning!!! It is quite simple, Obama is toast across the world!!! Both our enemies and friends across the world are laughing at him and the USA!!! The handwriting is on the wall for all in the Democrat Party to see. Dems, broom Obama now by forcing him to resign or go down politically with him, come November, 2012!!!
The economy would get a “jolt” from your resignation.
Do it now.
Clinton was a Republican and a GOD compared to this worthless piece of s**t, Obama.
What I would have loved to have seen, but obviously it wouldn’t have happened, is this.
Obama finishes his speech. While he’s still standing there, a house member rises to be recognized. Chair recognizes them, shocking Obama.
The house member says “I move that we gring the American Jobs Act to immediate consideration”.
The chair says “President Obama, did you bring a copy of the bill with you for our consideration”
Hilarity ensues. Pelosi holds a press conference to complain that it is disrespectful to ask the President for the bill he just chastized you for not passing.
Unexpectedly!!!!!!
That was a horrible speech. Written by a 5th grader, blaming everyone but himself.
This speech will look even worse if he puts it to paper. I wonder if he will actually put pen to paper.
Just words. Just speeches.
Of course, the headline that Yahoo puts with the stock drop is “Wall St Falls After ECB Resignation”.
Ya...and some the writers are trying to attribute the fall to the resignation of some EU exec.....sheesh!
Let’s see....what’s driving the market?
A) Obama announces continuation of failed spendinng policies.
B) Some no-name EU finance guru resigns
Duh!?
The Dow Jones industrial average dropped 330.96 points, or 2.93 percent, to 10,964.85. The Standard & Poor’s 500 Index dropped 33.40 points, or 2.82 percent, to 1,152.50. The Nasdaq Composite Index dropped 63.87 points, or 2.53 percent, to 2,465.27.