Quote:
Originally Posted by coadie
Some perspective. JD is crowing about things he knows nothing about. The market value of equities in my memory multipled by 3% drop in value today means the market value of the US market fell 1 trillion dollars. Obama's "stimulus" not so called was 400 billion plus. Obama's attack on the wealthy comes in the form or making their net worth fall even without taxes.
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My assertion is that yesterday's bad day on Wall St had little to do with the President's speech and everything to do with what's going in Europe.
I'm not wrong in my assertion.
You know where the "uncertainty" is with the President's plan is not what he said, but it's in his ability to get Congress to approve his plan-- a reflection of the partisan politics that immobilizes Washington when it should be working for the people.
If you don't want to believe me, take it up with Reuters.
http://www.reuters.com/article/2011/...7880QH20110909
Read what the Wall Street Journal has to say about the matter-- make sure you read the article and notice how many paragraphs are devoted to the European instability.
http://online.wsj.com/article/SB1000...NewsCollection
Again, some conservatives just want to criticize the President just because of who he is. Where are the conservatives who can realize that if this plan passes COngress, it would be AN EXCELLENT thing for people all across the country!
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