Stocks dipped and the President says they wanted an easy way out? Is he kidding?
President Barack Obama accused Wall Street of seeking an “easy” way out of the financial mire Tuesday after the announcement of his new industry rescue plan sent stocks dipping sharply.
Instead of a pain-free rebound for debt-laden banks, Obama promised more “tough love,” salting his remarks with populism on a barnstorming economic recovery tour to the Florida epicenter of the mortgage crisis.
The stocks dipped because even the most stupid investor knows that this whole stimulus bill is dangerous for our country. Duh.
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Slobokan.
All other material and brand or product names are copyright and/or registered trademarks of their respective holders.
E-Mail sent to any kooksinsuits.com address, or the feedback address listed at the top of the page, may be considered for publication unless the recipient is expressly notified otherwise.
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I think things are going to get much worse before they get better.