Thursday, March 5, 2009

Obama Smirks and Parties While $2.5 Trillion Evaporates

$2.5 Trillion. That's how much value has been lost in the stock market since January 20th. That's only public companies, not the private ones that create 80% of the new jobs in America. Those are hurting worse since most of them aren't politically connected enough to be getting stimulus money.

While Obama hasn't yet had time to go to the floor of the New York Stock Exchange to rally the troops there, and while he and his administration pledge to not be encumbered by the "daily fluctuations" in the stock market, he has had plenty of time to go to party after party, almost nightly according to this report. Our own little Nero.

To watch this video turn down the volume on the blue player to your right. Hint - if you lower the volume and don't hit pause, it will remember the lower setting when you refresh/return. Thanks

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