Although Americans in their mesmerized desire for a 'messiah' to come from heaven and save them from their present woes seem to approve of the Obama voo-doo anyway, the Stock Market keeps thundering against the Obama plan for the economy.
Yesterday was an unmitigated disaster as stocks plunged another 200 points, sending the Dow down to the lower 6000 level.
We haven't seen numbers like that 20 years.
The question is, how low can the Dow go? Some warn that if the trend continues, and if Obama keeps sending the nation spiraling into mind-blowing debt, the U.S. will actually owe more money than there is in the world.
And that, my friends, is what we call the 'doomsday scenario.'
Friday, March 06, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment