The 800 Billion Dollar Man [UPDATED]

You’d think with that kind of money he could get better hair plugs.

Allahpundit:

Just what a jittery America needs to restore confidence in the feds’ bailout management. Worried that Greasy Joe suddenly has an $800 billion line of credit and zero executive experience? Don’t be. The Obama business brain trust is right there behind him, willing and able to lend a hand.

That’s what we’re afraid of!!!

How have the markets reacted?

DJIA

VALUE 7,229.31
CHANGE -136.36
% CHANGE -1.85

S&P 500

VALUE 753.83
CHANGE -16.22
% CHANGE -2.11

Someone tell Tim Geithner not to say a word. It will be like an avalanche.

Maybe this is what Biden meant when he said Obama would be tested in his first six months and it might appear that he had made the wrong move. Check, and check.

UPDATE
Geithner! I thought I told you to shut up!

DJIA

VALUE 7,132.30
CHANGE -233.37
% CHANGE -3.17

S&P 500

VALUE 743.88
CHANGE -26.17
% CHANGE -3.4

The Dow stood at 8281 on Inauguration morning. It has fallen over a thousand point—about 14%—in a month. By Labor Day—how appropriate—we’ll all be broke.

1 Comment »

  1. Buck O'Fama said,

    February 23, 2009 @ 6:09 pm

    If an “Impeach Obama” movement can get started, I’ll bet we get 500 pts of that back. And maybe another 500 if there’s a “Recall Pelosi” movement.

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