Search This Blog

Monday, January 26, 2009

The Obama Market

Has anyone else noticed a curious correspondence? The date that Barack Hussein Obama clinched the Democrat party nomination for president (June 3, 2008), the stock market (S&P 500) was at about 1400. It is now at about 840, a horrifying 40% decline which has wiped out the retirement plans of a generation.

Coincidence? I think not! As Al Gore would say, it’s an inconvenient truth.

2 comments:

Anonymous said...
This comment has been removed by a blog administrator.
Anonymous said...

Um yeah. Duh! Unfortunately this fact that you point to won't cause Obama or Congress to be any more humble or careful.