Ha ha. Remember at the beginning of the year, when the stock market was falling through the floor, how it was all Obama's fault? Don't remember? Here's some quotes:
Dear Mr. President,
Unfortunately, it’s true. The stock market doesn’t like you.
Only one month in and investors are giving up. Another 30% haircut would put the Dow at 5000.
And that level wouldn’t just put a crimp into your presidency. The ensuing collapse in savings and the U.S. pension system would destroy it.
Now, some advisers may tell you not to worry about the stock market. That it will take care of itself. But that’s wrong. Especially today.
At its core, the market is a measure of belief — the belief that investors can make money by buying a slice of America.
And a plummeting Dow means they really don’t believe in the country. Or in you.
- Evan Newmark, Wall Street Journal, 02/23/09
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So on Wednesday, the Dow drops about 486 points. It's down 346 points today. But of course, according to the drive-bys, these two events have nothing to do with each other. It's just a coincidence. The market's down today because of the jobless numbers. That's how the drive-bys see it. We have the largest market plunge after an election in history. Thank you, man-child Barack Obama.
- Rush Limbaugh, 11/6/08
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"The president certainly remains popular, but his policies are becoming less and less popular," Boehner said, citing the continuing slide in the financial markets. "Certainly the stock market hasn't acted very well" since Obama's inauguration.
As the markets continue to falter, Republicans are becoming more confident in their criticisms of the president — some have already taken to using the phrase "the Obama economy."
John Boehner, 3/4/09
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Dow 10,000 just isn't that big a deal, House Republican leader John Boehner said Wednesday morning. ... "At the end of the day, the American people aren't looking at the stock market in terms of putting food on the table," Boehner said. "They want jobs, and they want them now."
John Boehner, 10/14/09
So, got that? When the stock market is falling, the day after his election, or his inauguration, it's Obama's fault. When, a half a year later, the stock market is robust and picking up steam, it's not important, no big deal, must be the "Bush Recovery".
I've said it before and I'll keep on saying it: These Repuglicans are craven and shameless with no principles or convictions other than lying, stealing, and generally doing whatever they deem necessary to gain power or to obstruct those in power. All Americans - heck, all global citizens - of good conscience MUST do everything they can to oppose them.
To be clear: I am not a registered Democrat and will never be one. I am not cheering on the Democratic Party out of any tribal rooting interest. Rather, I STRONGLY feel the current incarnation of the Republican Party is an actual cancer on America and thus the rest of the world, and it must be removed. I will do everything I can to make this happen.
I do love Obama though, for reals.
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