According to the data, the end of the world is now sometime in late September, up a bit from my first estimate.
Liberals, I suppose, can argue that Obama has delayed the end of the world by about 4 months, but the interesting part of the chart is the interim between election and inauguration.
I'm reminded of a Peter, Paul, and Mary concert I attended many, many years ago: Peter Yarrow came to center stage to announce "we're going to play a song ... you're really, really going to want to sing ... please, DON'T!"
That, I think, is what's going on here. Both administrations really, really want to meddle and the stock market is crying "Please, DON'T!"
There's a lesson here, if only the Government would take notice.
Makes you think. I believe the markets would stop free-falling if Obama admitted he needed to slow down, but I can't see that happening until we go at least 2000 points lower.
ReplyDeleteThe question really becomes is he doing this because he's a socialist or a fool. I'm hopeful that it's because he's a fool, someone deliberately acting this way surely wouldn't have so many embarrassments on record.
2000 points lower. I very much hope you're wrong, but I fear you're right.
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