Tuesday, February 17, 2009

The Audacity of Markets, a Continuing Saga

After today's rout Rich Karlgaard at Forbes notes that stocks are down more than 40% since Obama clinched the nomination in June. And today's debacle coincided with the "historic" signing of the Stimulation Package that was supposed to save us.

In the meantime Bob Herbert, the guy who just this year figured out that Zimbabwe was a tragedy, characterized Obama in this fawning interview as relaxed with a long term outlook. Of course in the long-term, as the left's hero likes to say, we're all dead.

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