The kind of people, in short, who would write this:
A READER EMAILS: "Why doesn't anyone including Instapundit, say the obvious: The market was up when it looked as though McCain had a chance. Now that Obama has won -- as a direct result -- the market is tanking. Obviously -- almost 500 point loss each day since Obama has won the election!"If you don't know, Putz, then kindly STFU. It doesn't take a genius to see that the markets have been reacting to unemployment, the precarious state of hedge funds and the auto industry -- among many factors.Well, the stock market is certainly tanking:
Major indexes have lost about 10 percent since Barack Obama was elected president -- a vote preceded by a steep rally -- and the losses represent the Dow's worst two-day percentage decline since the October 1987 crash.
Is it really fair to blame this on Obama? I don't know, but those who thought he was going to bring about a stock market rally by being elected have certainly turned out to be wrong.
Blaming it on President-Elect Obama is not only stupid, but it conveniently ignores the fact that Putz's boy, George W. Bush, is currently the guy leading this country.
No comments:
Post a Comment